Constrained after college: Student loans and early-career occupational choices
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Lowering student debt at a selective private institution led more graduates to pursue public interest jobs.
“Rothstein and Rouse (2011) leverage a discrete change in a selective private institution's aid policy that substantially lowered student debt among graduates, and found that this led more graduates to pursue public interest jobs.”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Rothstein and Rouse (2011)
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Welch, J. G. (2014) · Economics of Education Review · doi:10.1016/j.econedurev.2014.08.001 · Cited by 30 · see citing works
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- Authors
- Rothstein, J., & Rouse, C. E.
- Affiliations
- University of California, Berkeley (US)
- Princeton University (US)
- Corresponding author
- Rothstein, Jesse
- ORCID
- Rothstein, Jesse
- Venue
- Journal of Public Economics
- Publisher
- Elsevier BV
- Published
- 2011-02
- Volume
- 95
- Issue
- 1-2
- Pages
- 149-163
- ISSN
- 0047-2727 (ISSN-L)
- OpenAlex
- W3124440178
- Cited by
- 506
- References
- 46
- Citations by year
- 2026: 19 · 2025: 35 · 2024: 32 · 2023: 29 · 2022: 30 · 2021: 47 · 2020: 48 · 2019: 35 · 2018: 39 · 2017: 39 · 2016: 38 · 2015: 39 · 2014: 25 · 2013: 24 · 2012: 8
- FWCI
- 62.62
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- Journal of Public Economics (publishedVersion)
- SSRN Electronic Journal (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Education › Higher Education Research Studies
- Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy, Pension, Retirement Analysis
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Labor market dynamics and wage inequality
- Keywords
- student loans, student debt, financial aid, university graduates, early-career employment, credit constraints, debt aversion, educational investment, life-cycle model, alumni giving
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
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