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@article{ Lergetporer2021, title = {Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Representative Evidence from Adults and Adolescents}, author = {Lergetporer, Philipp and Werner, Katharina and Woessmann, Ludger}, journal = {Economica}, number = {351}, pages = {624-670}, volume = {88}, year = {2021}, issn = {1468-0335}, doi = {https://doi.org/10.1111/ecca.12371}, urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-88104-6}, abstract = {The gap in university enrolment by parental education is large and persistent in many countries. In our representative survey of German adults, 74% of university graduates, but only 36% of those without a university degree, favour university education for their children. The latter are more likely to underestimate returns and overestimate costs of university. Similarly, 75% of adolescents with university-educated parents, but only 51% without university-educated parents aspire to a university degree. Experimental provision of general return and cost information does not close the aspiration gap as treatment effects are at least as strong for individuals with a university background as for those without. Differences in economic preference parameters also cannot account for the educational aspiration gap.}, keywords = {Universität; university; Absolvent; graduate; Bildungsabschluss; level of education attained; Studienabschluss; graduation (academic); Bildungsniveau; level of education; Eltern; parents; Bildungsungleichheit; educational inequality; Bundesrepublik Deutschland; Federal Republic of Germany}}