Search Results

SORT BY: PREVIOUS / NEXT
Keywords:income insurance 

Working Paper
Navigating Higher Education Insurance: An Experimental Study on Demand and Adverse Selection"

We conduct a survey-based experiment with 2,776 students at a non-profit university to analyze income insurance demand in education financing. We offered students a hypothetical choice: either a federal loan with income-driven repayment or an income-share agreement (ISA), with randomized framing of downside protections. Emphasizing income insurance increased ISA uptake by 43%. We observe that students are responsive to changes in contract terms and possible student loan cancellation, which is evidence of preference adjustment or adverse selection. Our results indicate that framing specific ...
Working Papers , Paper 24-07

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

D14 1 items

D82 1 items

G51 1 items

H81 1 items

I22 1 items

PREVIOUS / NEXT