Empirical Analysis of the Impact of Student Aid Reform on College Enrollment and Return to Education

• Project/Area Number: 24730244
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Economic policy
• Research Institution: Chiba University (2013-2014); Kobe University (2012)
• Principal Investigator: SANO Shinpei 千葉大学, 法政経学部, 准教授 (80452481)
• Project Period (FY): 2012-04-01 – 2015-03-31
• Project Status: Completed (Fiscal Year 2014)
• Budget Amount: ¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000); Fiscal Year 2014: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000); Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000); Fiscal Year 2012: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
• Keywords: 進学行動 / 政策評価 / 教育のリターン

Outline of Final Research Achievements

This study examines whether the reduction of the enrollment cost promotes the college enrollment rate of high school graduates using regional variation in Student Loan Reform in Japan as natural experiment. We conduct a difference-in-differences estimation by using municipal data as well as a triple difference estimation by using individual-level data. We find that the exogenous reduction of enrollment cost improved college enrollment, but that the impact became limited within a year of the reform.

Research Products

• [Journal Article] 奨学金の制度変更が進学行動に与える影響 (2014)
  • Author(s): 佐野晋平・川本貴哲
  • Journal Title: RIETIディスカッションペーパー Volume: 14-J-037 Pages: 1-22
  • Open Access / Acknowledgement Compliant
• [Journal Article] 奨学金と進学行動 (2013)
  • Author(s): 川本貴哲・佐野晋平
  • Journal Title: 国民経済雑誌 Volume: 第208巻、第4号 Pages: 69-78
  • NAID: 110009623772
• [Presentation] The Impact of Student Loan Reform on College Enrollment (2015)
  • Author(s): 佐野晋平
  • Organizer: 第１回 RoMacS Workshop
  • Place of Presentation: 名古屋市立大学（愛知県名古屋市瑞穂区）
  • Year and Date: 2015-02-19
• [Presentation] The Impact of Student Loan Reform on College Enrollment (2015)
  • Author(s): Shinpei Sano
  • Organizer: Western Economic Association International, 11th International Conference
  • Place of Presentation: Museum of New Zealand Te Papa Tongarewa（ニュージーランド）
  • Year and Date: 2015-01-09
• [Presentation] 奨学金の制度変更が進学行動に与える影響 (2014)
  • Author(s): 佐野晋平
  • Organizer: 東京労働経済学研究会
  • Place of Presentation: 東京大学（東京都文京区）
  • Year and Date: 2014-12-05
• [Presentation] 奨学金の制度変更が進学行動に与える影響 (2014)
  • Author(s): 佐野晋平
  • Organizer: 日本経済学会
  • Place of Presentation: 西南学院大学（福岡県福岡市早良区）
  • Year and Date: 2014-10-12
• [Presentation] 奨学金の制度変更が進学行動に与える影響 (2013)
  • Author(s): 佐野晋平
  • Organizer: 第2回 教育経済・教育政策研究コンフェレンス
  • Place of Presentation: 慶應義塾大学