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Dynarski, Susan; Scott-Clayton, Judith E. – National Bureau of Economic Research, 2008
A growing body of empirical evidence shows that some financial aid programs increase college enrollment. Puzzlingly, there is little compelling evidence that Pell Grants and Stafford Loans, the primary federal student aid programs, are effective in achieving this goal. In this paper, we provide an in-depth review of this evidence, which taken as a…
Descriptors: Federal Aid, Taxes, Student Financial Aid, Enrollment