TY - RPRT AU - Bratti, Massimiliano AU - Granato, Silvia AU - Havari, Enkelejda TI - Another Chance: Number of Exam Retakes and University Students' Outcomes PY - 2024/Oct/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 17400 UR - https://www.iza.org/publications/dp17400 AB - Exams play a key role in a student's learning process at university, and their organization may affect student performance. A high number of retakes, for instance, could encourage procrastination or reduce effort for each attempt. This article investigates the effects of a policy change at a major Italian university that reduced the number of exam retakes allowed per subject from six to three. Using a difference-in-differences strategy, we find that this policy significantly improved first-year outcomes, including lower dropout rates, higher exam pass rates, and increased credit accumulation. We conduct several robustness checks showing that only a small fraction of these improvements can be attributed to changes in the average quality of students enrolled following the reform. Additionally, the policy contributed to an increase in on-time graduation rates, which was the main objective of the reform, without harming student GPA. This study shows that implementing a cost-effective policy, such as limiting exam retakes, can substantially enhance student progression, reducing age at graduation. KW - retakes KW - exams KW - student outcomes KW - university KW - Italy ER -