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The Evidence on Credit Constraints in Post-Secondary Schooling
[report]
2002
unpublished
The Evidence on Credit Constraints in Post-Secondary Schooling * This paper examines the family income-college enrollment relationship and the evidence on credit constraints in post-secondary schooling. We distinguish short-run liquidity constraints from the long-term factors that promote cognitive and noncognitive ability. Long-run factors crystallized in ability are the major determinants of the family income-schooling relationship, although there is some evidence that up to 8% of the U.S.
doi:10.3386/w9055
fatcat:64ccnr3e6rfu3mojhou3wz2s4a