Table A.2

Promise IV Effects by Year for Selected Outcomes

Dependent Variable	Enrollment at Four-Year within Six Months	Credits Attempted at Two Years	Credits Attempted at Four Years	Any Credential at Six Years
	(1)	(2)	(3)	(4)
Regressor
2003 × Eligible	0.149^*	9.25^***	20.08^***	0.159^**
	[0.077]	[3.44]	[6.48]	[0.075]
2004 × Eligible	0.126^**	4.75^*	10.18^**	0.070
	[0.059]	[2.53]	[4.79]	[0.061]
2005 × Eligible	0.099	7.44^*	12.87	−0.071
	[0.103]	[4.28]	[8.91]	[0.099]
2006 × Eligible	0.127	8.79^**	18.27^***	0.233^***
	[0.081]	[3.45]	[6.49]	[0.070]
2007 × Eligible	0.190^***	11.63^***	24.15^***	0.128^*
	[0.072]	[3.19]	[5.91]	[0.072]
2008 × Eligible	0.283^***	7.07^**	15.81^**	0.201^***
	[0.081]	[3.28]	[6.40]	[0.076]
2009 × Eligible	0.064	3.80	8.15
	[0.086]	[3.40]	[6.93]
2010 × Eligible	0.361^***	10.60^***	24.24^***
	[0.072]	[3.26]	[5.85]
2011 × Eligible	0.180^**	10.60^***
	[0.080]	[3.06]
2012 × Eligible	0.223^**	6.04^*
	[0.089]	[3.57]
2013 × Eligible	0.188^*
	[0.112]
First-stage coeff.	0.694	0.685	0.690	0.707
F-statistic	1266	819	1153	555
Observations	5,415	4,902	3,869	2,905

↵Notes: The coefficient estimates represent the difference between eligible and ineligibles for the indicated year. Standard errors robust to heteroskedasticity are in brackets. *p < 0.10, **p < 0.05, ***p < 0.01. Outcome timing is since high school graduation. Regressions include dummies for after the Promise, individual (pseudo-)eligibility, sex, race/ethnicity, free/reduced-price lunch status, and high school of graduation-by-graduation year. The regressions use rules-based eligibility with the coefficient of interest rescaled by the first- stage coefficient. This first-stage coefficient is obtained, for the post-Promise period, by regressing observed eligibility on rules-based eligibility (and the same covariates as above); see Table A.5. The F-test statistic is from the first stage.