The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga
We study a recent merit-based financial program for the poor in Colombia. We exploit sharp eligibility rules in household wealth and standardized test scores to identify the causal effect of financial aid on postsecondary enrollment and academic performance. We find large positive effects on postsec...
- Autores:
-
Londoño Vélez, Juliana
Rodríguez Orgales, Catherine
Sánchez Torres, Fabio José
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2017
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/8679
- Acceso en línea:
- http://hdl.handle.net/1992/8679
- Palabra clave:
- Postsecondary enrollment
Financial aid
Inequality
Colombia
Ser Pilo Paga
Programa Ser Pilo Paga (Colombia)
Becas - Aspectos económicos - Colombia
Financiación de la educación
Estudiantes universitarios - Condiciones sociales - Colombia
Educación inclusiva - Colombia
Igualdad en la educación - Colombia
H2, H3, H43, H52, I22, I23, I24
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
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The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| dc.title.alternative.none.fl_str_mv |
Resultados esperados e inesperados de una beca estudiantil al mérito para jóvenes de hogares de bajos ingresos : el caso de Ser Pilo Paga |
| title |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| spellingShingle |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga Postsecondary enrollment Financial aid Inequality Colombia Ser Pilo Paga Programa Ser Pilo Paga (Colombia) Becas - Aspectos económicos - Colombia Financiación de la educación Estudiantes universitarios - Condiciones sociales - Colombia Educación inclusiva - Colombia Igualdad en la educación - Colombia H2, H3, H43, H52, I22, I23, I24 |
| title_short |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| title_full |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| title_fullStr |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| title_full_unstemmed |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| title_sort |
The intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo paga |
| dc.creator.fl_str_mv |
Londoño Vélez, Juliana Rodríguez Orgales, Catherine Sánchez Torres, Fabio José |
| dc.contributor.author.none.fl_str_mv |
Londoño Vélez, Juliana Rodríguez Orgales, Catherine Sánchez Torres, Fabio José |
| dc.subject.keyword.none.fl_str_mv |
Postsecondary enrollment Financial aid Inequality Colombia Ser Pilo Paga |
| topic |
Postsecondary enrollment Financial aid Inequality Colombia Ser Pilo Paga Programa Ser Pilo Paga (Colombia) Becas - Aspectos económicos - Colombia Financiación de la educación Estudiantes universitarios - Condiciones sociales - Colombia Educación inclusiva - Colombia Igualdad en la educación - Colombia H2, H3, H43, H52, I22, I23, I24 |
| dc.subject.armarc.none.fl_str_mv |
Programa Ser Pilo Paga (Colombia) Becas - Aspectos económicos - Colombia Financiación de la educación Estudiantes universitarios - Condiciones sociales - Colombia Educación inclusiva - Colombia Igualdad en la educación - Colombia |
| dc.subject.jel.none.fl_str_mv |
H2, H3, H43, H52, I22, I23, I24 |
| description |
We study a recent merit-based financial program for the poor in Colombia. We exploit sharp eligibility rules in household wealth and standardized test scores to identify the causal effect of financial aid on postsecondary enrollment and academic performance. We find large positive effects on postsecondary enrollment on both the extensive and intensive margins. Immediate enrollment doubled among eligible students, making the SES gap in enrollment disappear among top students. At the intensive margin, the program shifted students from low-quality institutions into higher-quality institutions, and from public to private colleges. We also observe significant general equilibrium effects in secondary and postsecondary education. The program promoted class diversity at top private schools, and significantly raised student quality at these institutions (but not public institutions). Demand for top private education shifted to the right, driving admission rates downward and increasing entry competition at these institutions, thus raising stratification by ability. However, program beneficiaries did not fully crowd out high-SES students from top private schools because supply also expanded. Finally, the program seems to have raised high school exit test performance among recent cohorts with relatively poor backgrounds. |
| publishDate |
2017 |
| dc.date.issued.none.fl_str_mv |
2017 |
| dc.date.accessioned.none.fl_str_mv |
2018-09-27T16:55:48Z |
| dc.date.available.none.fl_str_mv |
2018-09-27T16:55:48Z |
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Documento de trabajo |
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http://purl.org/coar/version/c_970fb48d4fbd8a85 |
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info:eu-repo/semantics/workingPaper |
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http://purl.org/coar/resource_type/c_8042 |
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Text |
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https://purl.org/redcol/resource_type/WP |
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http://purl.org/coar/resource_type/c_8042 |
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1657-5334 |
| dc.identifier.uri.none.fl_str_mv |
http://hdl.handle.net/1992/8679 |
| dc.identifier.eissn.none.fl_str_mv |
1657-7191 |
| dc.identifier.doi.none.fl_str_mv |
10.57784/1992/8679 |
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instname:Universidad de los Andes |
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reponame:Repositorio Institucional Séneca |
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1657-5334 1657-7191 10.57784/1992/8679 instname:Universidad de los Andes reponame:Repositorio Institucional Séneca repourl:https://repositorio.uniandes.edu.co/ |
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http://hdl.handle.net/1992/8679 |
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spa |
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spa |
| dc.relation.ispartofseries.none.fl_str_mv |
Documentos CEDE No. 24 Marzo de 2017 |
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https://ideas.repec.org/p/col/000089/015466.html |
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http://creativecommons.org/licenses/by-nc-nd/4.0/ |
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openAccess |
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54 páginas |
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application/pdf |
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Universidad de los Andes, Facultad de Economía, CEDE |
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Universidad de los Andes, Facultad de Economía, CEDE |
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Universidad de los Andes |
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Al consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Londoño Vélez, Juliana58eb32ce-9391-470c-812a-ee039eecafa0500Rodríguez Orgales, Catherine10235500Sánchez Torres, Fabio José023768b5-3d35-43f2-aafb-ca811aa240c44002018-09-27T16:55:48Z2018-09-27T16:55:48Z20171657-5334http://hdl.handle.net/1992/86791657-719110.57784/1992/8679instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/We study a recent merit-based financial program for the poor in Colombia. We exploit sharp eligibility rules in household wealth and standardized test scores to identify the causal effect of financial aid on postsecondary enrollment and academic performance. We find large positive effects on postsecondary enrollment on both the extensive and intensive margins. Immediate enrollment doubled among eligible students, making the SES gap in enrollment disappear among top students. At the intensive margin, the program shifted students from low-quality institutions into higher-quality institutions, and from public to private colleges. We also observe significant general equilibrium effects in secondary and postsecondary education. The program promoted class diversity at top private schools, and significantly raised student quality at these institutions (but not public institutions). Demand for top private education shifted to the right, driving admission rates downward and increasing entry competition at these institutions, thus raising stratification by ability. However, program beneficiaries did not fully crowd out high-SES students from top private schools because supply also expanded. Finally, the program seems to have raised high school exit test performance among recent cohorts with relatively poor backgrounds.Este trabajo evalúa los impactos del programa de becas-crédito Ser Pilo Paga en la educación superior en Colombia. Empleamos el método de regresión discontinua para identificar el efecto causal del programa sobre el acceso a la educación superior y el desempeño académico temprano de los estudiantes. Encontramos impactos importantes en acceso tanto en el margen extensivo como en el intensivo. La probabilidad de acceder inmediatamente a la educación superior se duplico entre los estudiantes elegibles, eliminando la brecha en acceso por estrato socioeconómico entre los mejores estudiantes. En el margen intensivo, el programa desplazo a los estudiantes de instituciones de baja calidad hacia instituciones de mejor calidad. También observamos impactos no esperados en la educación secundaria y postsecundaria. El programa promovió la diversidad socioeconómica en las universidades privadas acreditadas y mejoró significativamente la calidad de los estudiantes en estas instituciones (pero no así en las instituciones públicas acreditadas). La mayor demanda por la educación privada acreditada redujo las tasas de admisión en estas universidades, volviendo más competitivo sus procesos de admisiones. No obstante, los beneficiarios del programa no desplazaron completamente a otros estudiantes del sistema educativo, pues la oferta educativa en estas universidades también aumento. Por último, el programa parece haber mejorado el rendimiento de los estudiantes de las cohortes más recientes en la prueba SABER 11, especialmente entre los estudiantes de estratos más bajos.54 páginasapplication/pdfspaUniversidad de los Andes, Facultad de Economía, CEDEDocumentos CEDE No. 24 Marzo de 2017https://ideas.repec.org/p/col/000089/015466.htmlThe intended and unintended impacts of a merit-based financial aid program for the poor : the case of ser pilo pagaResultados esperados e inesperados de una beca estudiantil al mérito para jóvenes de hogares de bajos ingresos : el caso de Ser Pilo PagaDocumento de trabajoinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttps://purl.org/redcol/resource_type/WPPostsecondary enrollmentFinancial aidInequalityColombiaSer Pilo PagaPrograma Ser Pilo Paga (Colombia)Becas - Aspectos económicos - ColombiaFinanciación de la educaciónEstudiantes universitarios - Condiciones sociales - ColombiaEducación inclusiva - ColombiaIgualdad en la educación - ColombiaH2, H3, H43, H52, I22, I23, I24Facultad de EconomíaPublicationTEXTdcede2017-24.pdf.txtdcede2017-24.pdf.txtExtracted texttext/plain139999https://repositorio.uniandes.edu.co/bitstreams/975a96d6-fe68-444d-8c32-b45d66d7f238/download2affd6d20072a7cd050c50a2b858d186MD54THUMBNAILdcede2017-24.pdf.jpgdcede2017-24.pdf.jpgIM Thumbnailimage/jpeg11261https://repositorio.uniandes.edu.co/bitstreams/b3f6788b-7419-4e44-b39a-6e044534a64f/downloadc3f759d307052a29f4a802b50e14fa3bMD55ORIGINALdcede2017-24.pdfdcede2017-24.pdfapplication/pdf4288880https://repositorio.uniandes.edu.co/bitstreams/e1c296fd-fb95-40b9-a5eb-8b98bb3d6c94/download5297ac34a74fcb1d6460e67175d303fbMD511992/8679oai:repositorio.uniandes.edu.co:1992/86792024-06-04 15:41:37.508http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.co |