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Can student loans improve accessibility to higher education and student performance? : an impact study of the case of SOFES, Mexico / Andreas Blom and Erik Canton.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Blom, Andreas.
Contributor:
World Bank.
Canton, Erik.
Series:
Policy research working papers ; 3425.
World Bank e-Library.
Policy research working paper ; 3425
Language:
English
Subjects (All):
Education, Higher--Mexico.
Education, Higher.
Student loans--Mexico.
Student loans.
Other Title:
Can student loans improve accessibility to higher education and student performance?
Policy research working paper vol. 3425
Place of Publication:
[Washington, D.C. : World Bank, 2004]
System Details:
data file
Summary:
"Financial aid to students in tertiary education can contribute to human capital accumulation through two channels--increased enrollment and improved student performance. Canton and Blom analyze the quantitative importance of both channels in the context of a student loan program (SOFES) implemented at private universities in Mexico. With regard to the first channel, enrollment, results from the Mexican household survey indicate that financial support has a strong positive effect on university enrollment. Given completion of upper secondary education, the probability of entering higher education rises 24 percent. The authors use two data sources to investigate the second channel, student performance. They analyze administrative data provided by SOFES using a regression-discontinuity design, and survey data enable them to perform a similar analysis using a different control group. Empirical results suggest that SOFES recipients show better academic performance than students without a credit from SOFES. However, the results cannot be interpreted as a purely causal impact of the student loan program, since the impacts also could reflect (self-) selection of students. This paper--a product of the Human Development Sector Unit, Latin America and the Caribbean Region--is part of a larger effort in the region to measure and evaluate the impact of the unit's programs"--World Bank web site.
Notes:
Title from PDF file as viewed on 10/5/2004.
Includes bibliographical references.
Publisher Number:
10.1596/1813-9450-3425

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