Tripping at the Finish Line: Experimental Evidence on the Role of Misperceptions on Secondary School Completion
Students may put insufficient effort into graduating due to inaccurate beliefs about graduation probabilities or the economic benefits of obtaining a high school diploma, missing out on large economic returns. In an experiment with senior high-school students in Argentina, I test the effectiveness of providing information about efficiently allocating effort during senior year, to correct beliefs about their graduation chances. A separate group receives information about the returns to education. The treatments increase graduation by 10 and 20 percent, respectively, and college enrollment by 38 percent. Graduation improvements are larger for students with a lower probability of graduating at baseline.