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
American Economic Journal: Applied Economics
vol. 17,
no. 2, April 2025
(pp. 165–83)
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.Citation
Renée, Laetitia. 2025. "The Long-Term Effects of Career Guidance in High School and Student Financial Aid: Evidence from a Randomized Experiment." American Economic Journal: Applied Economics 17 (2): 165–83. DOI: 10.1257/app.20230342Additional Materials
JEL Classification
- D12 Consumer Economics: Empirical Analysis
- I21 Analysis of Education
- I22 Educational Finance; Financial Aid
- I23 Higher Education; Research Institutions
- I28 Education: Government Policy
- J31 Wage Level and Structure; Wage Differentials