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%T Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Representative Evidence from Adults and Adolescents %A Lergetporer, Philipp %A Werner, Katharina %A Woessmann, Ludger %J Economica %N 351 %P 624-670 %V 88 %D 2021 %K German Microcensus 2013 %@ 1468-0335 %~ FDB %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-88104-6 %X 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. %C GBR %G en %9 Zeitschriftenartikel %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info