全球智库信息集成服务系统

Do tuition vouchers and cash subsidies promote educational or labor force outcomes for “non-traditional” students? I use a regression discontinuity design to estimate the impacts of a state aid program with an unobserved eligibility cutoff. Eligibility has no impact on degree completion for students with a preference for community colleges or four-year colleges but increases bachelor’s degrees for students interested in large, for profit colleges by four percentage points. I find no impact on in-state employment or earnings for all applicants. This research highlights challenges in promoting human capital investment for adults.