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Prep School for Poor Kids: The Long-Run Impacts of Head Start on Human Capital and Economic Self-Sufficiency

By Martha J. Bailey, Shuqiao Sun, and Brenden Timpe

American Economic Review, December 2021

This paper evaluates the long-run effects of Head Start using large-scale, restricted administrative data. Using the county roll-out of Head Start between 1965 and 1980 and age-eligibility cutoffs for school entry, we find that Head Start generated large ...

College Tuition and Income Inequality

By Zhifeng Cai and Jonathan Heathcote

American Economic Review, January 2022

This paper evaluates the role of rising income inequality in explaining observed growth in college tuition. We develop a competitive model of the college market, in which college quality depends on instructional expenditure and the average ability of admi...