Post-secondary education and information on labor market prospects: A randomized field experiment

We examine the impact of an information intervention offered to 97 randomly chosen high schools on post-secondary education applications and enrollment in Finland. Graduating students in treatment schools were surveyed and given information on the labor market prospects associated with detailed post-secondary programs. We find that students who were the most likely to update their beliefs due to the intervention started to apply to programs associated with higher earnings. However, this subgroup is too small to give rise to a statistically or economically significant impact on the overall application or enrollment patterns.