"The Truth about College Costs"

Detailed article explaining something more people should know about: in the vast majority of U.S. colleges and universities few students have to pay the full list price for tuition.

By the way, to find out the net price for a U.S. college or university, type "[name of college] cost" into Google. Here's Colby College in Maine, acceptance rate of 9%: "Average [annual] cost before aid," $78,655; "Average cost after aid," $17,739. Wake Forest: $79,886 and $29,214. Univ. of Chicago, $84,126 and $22,690.

"How Credible is the Credibility Revolution?"

New NBER paper by Kevin Lang. Abstract:

When economists analyze a well-conducted RCT or natural experiment and find a statistically significant effect, they conclude the null of no effect is unlikely to be true. But how frequently is this conclusion warranted? The answer depends on the proportion of tested nulls that are true and the power of the tests. I model the distribution of t-statistics in leading economics journals. Using my preferred model, 65% of narrowly rejected null hypotheses and 41% of all rejected null hypotheses with |t|<10 are likely to be false rejections. For the null to have only a .05 probability of being true requires a t of 5.48.