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Gandhi, Sima J. – Hamilton Project, 2008
Although the federal government dedicated nearly $40 billion to funding student loans in 2006, only 60 percent of potential students from low-income families attend college, compared with 90 percent from high-income families. This paper argues that enrollment rates are lower than they could be because potential students undervalue loan subsidies,…
Descriptors: Student Financial Aid, Enrollment Rate, Graduation, Enrollment Trends