Should-Read: Jeffrey T. Denning: Born Under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints
Should-Read: Jeffrey T. Denning: Born Under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints: “Financial aid… effects on graduation can be driven either by marginal students induced to enroll by financial aid…” http://ftp.iza.org/dp10913.pdf
…or by inframarginal students who would have enrolled anyway but received additional financial aid. This paper identifies the effect of financial aid on inframarginal students… by examining a change in financial aid that did not change enrollment. I find that additional financial aid accelerates graduation for university seniors and increases persistence for sophomores and juniors… positively affect[s] educational outcomes…
Born Under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints&via=equitablegrowth"
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