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Dynarski, Susan; Scott-Clayton, Judith – National Bureau of Economic Research, 2013
In the nearly fifty years since the adoption of the Higher Education Act of 1965, financial aid programs have grown in scale, expanded in scope, and multiplied in form. As a result, financial aid has become the norm among college enrollees. The increasing size and complexity of the nation's student aid system has generated questions about…
Descriptors: Student Financial Aid, Paying for College, Higher Education, Educational Policy
McMillion, Robin – TG (Texas Guaranteed Student Loan Corporation), 2004
Whereas many prior studies evaluated the association between borrower or institutional characteristics and default behavior, the general finding of most researchers today is that college success plays a bigger role in predicting who will default than either the background of the borrower or the type of institution attended. All else being equal,…
Descriptors: Student Loan Programs, Institutional Characteristics, Loan Default, Academic Achievement