Jennifer Ma

College Board
1919 M Street NW
Washington, DC 20036

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: College Board

NBER Working Papers and Publications

March 2020Do College Applicants Respond to Changes in Sticker Prices Even When They Don't Matter?
with Phillip B. Levine, Lauren C. Russell: w26910
Do students respond to sticker prices or actual prices when applying to college? These costs differ for students eligible for financial aid. Students who do not understand this may not apply to some colleges because of the perceived high cost. We test for this form of “sticker shock” using College Board data on SAT scores sends, as a proxy for applications, to state flagship institutions for students entering college in 2006–2013. Some public flagships guarantee financial aid will meet full financial need. Sticker price increases at those schools would not affect the actual cost after factoring in financial aid and should not affect decisions for those eligible for aid. We exploit the large and variable increases in sticker prices at public flagships during the financial crisis generated f...
September 2004Education Savings Incentives and Household Saving. Evidence from the 2000 TIAA-CREF Survey of Participant Finances
in College Choices: The Economics of Where to Go, When to Go, and How to Pay For It, Caroline M. Hoxby, editor
February 2003Education Saving Incentives and Household Saving: Evidence from the 2000 TIAA-CREF Survey of Participant Finances
This paper examines the effects of education saving incentives on the level of private saving by households. Little is known about this subject. One explanation for this gap in the literature is that because education saving incentives are relatively new, data on education saving are not readily available. Using wealth data from a survey of TIAA-CREF participants, this paper attempts to estimate whether saving in education saving programs offsets other household saving. As in the extant literature of the impact of retirement saving programs on household saving, an empirical challenge is how to deal with the issue of saver heterogeneity. In this paper, two strategies are used to address this issue. The first strategy distinguishes savers from non-savers by whether households have an IRA or ...

Published: Hoxby, Caroline M. (ed.) College Choices: The Economics of Where to Go, When to Go, and How to Pay For It. Chicago and London: University of Chicago Press, 2004.

NBER Videos

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email:

Contact Us