Replication data for: Student Loan Nudges: Experimental Evidence on Borrowing and Educational Attainment

Lesley J. Turner & Benjamin M. Marx
We provide the first experimental evidence on the effect of student loans on educational attainment. Loan amounts listed in financial aid award letters (\"offers\") do not alter students' choice sets but significantly affect borrowing. Students randomly receiving a nonzero offer were 40 percent more likely to borrow than those who received a $0 offer. Per additional borrower, loans increased by $4,000, GPA and completed credits increased by 30 percent, and transfers to four-year public colleges...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.