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  5. The Long-Term Effects of Career Guidance in High School and Student Financial Aid: Evidence from a Randomized Experiment

American Economic Journal:
Applied Economics

ISSN 1945-7782 (Print) | ISSN 1945-7790 (Online)

The Long-Term Effects of Career Guidance in High School and Student Financial Aid: Evidence from a Randomized Experiment

  • Laetitia Renée
American Economic Journal: Applied Economics (Forthcoming)

Abstract

This paper studies the effects of a randomized control trial in which Canadian high school students were randomly invited to participate in a career guidance program during high school and/or made eligible for extra financial aid conditional on college enrollment. I use administrative records to examine the effects of the interventions on college enrollment, graduation, and income up to age 29. The guidance intervention increased students’ four-year college enrollment and graduation rates and had positive effects on individuals’ income in adulthood. The financial aid intervention had a significantly lower impact on individuals’ income in adulthood despite also increasing college enrollment.

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