Working Paper Revision

College Access and Intergenerational Mobility


Abstract: This paper studies how college admissions preferences for lower-income students affect intergenerational earnings mobility. We develop a quantitative model of college choice with quality-differentiated colleges. We find that admissions preferences substantially increase lower-income enrollment in selective colleges and intergenerational earnings mobility. The associated losses of aggregate earnings are very small.

https://doi.org/10.20955/wp.2024.030

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Working Papers

Publication Date: 2025-04-11

Number: 2024-030

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