Despite concerted efforts to increase participation in advanced placement (AP) and dual credit (DC) programs, their efficacy remains unexplored. Drawing upon St. John's model as the conceptual framework, this study employed a discrete-time event history analysis to examine the interplay between forms of financial aid and persistence toward degree…

In this paper, I study heterogeneity in graduate students' responses to financial incentives. The incentive was given by a student aid reform in Norway that was intended to increase the proportion of students who graduate on time by offering a reduction of their student loan. Using a difference-in-difference strategy and detailed Norwegian…

The purpose of this guide is to help college administrators and staff members implement the following two interventions designed to increase summer enrollment rates at their schools: (1) An informational campaign of personalized student communications using email and mail and informed by behavioral science. The campaign simplifies academic,…

Analysis finds that out-of-pocket college costs are unaffordable for low-income Californians, and often more so at the state's community colleges where tuition is low. This analysis is the third in a series, and is the first to look at affordability challenges of students in different living arrangements. [Debbie Cochrane and Oliver Schak made…

Over the last two decades, prices in higher education have grown more quickly than prices in almost any other sector of the economy. Tuition inflation has been extensively examined. The examinations, however, have focused on a narrow set of explanations, none of which has revealed obvious opportunities for policy interventions that would slow this…

Making college accessible to all includes making it affordable to lower-income families. A growing policy strategy at the state level is to provide individual students with need-based financial aid to offset tuition and living expenses. This strategy inherently presents challenges in choosing which income levels are eligible to receive aid,…

The 50-State Comparison on 529 Education Savings Plans provides a national comparison of state policies and activities related to state 529 education savings plans. It focuses on three main categories of state policies related to 529 plans: contributions, withdrawals, and eligible expenses. The information in this resource was gathered from state…

For years Georgia's HOPE Scholarship program provided full tuition scholarships to high achieving students. State budgetary shortfalls reduced its generosity in 2011. Under the new rules, only students meeting more rigorous merit-based criteria would retain the original scholarship covering full tuition, now called Zell Miller, with other students…

Although workers in science, technology, engineering, and math (STEM) fields earn above-average wages, the number of college graduates prepared for STEM jobs lags behind employer demand. A key question is how to recruit and retain college students in STEM majors. We offer new evidence on the role of financial aid in supporting STEM attainment.…

Using data from two freshmen cohorts at a public research university (N = 3730), this study examines the relationship between loan aid and second-year enrollment persistence. Applying a counterfactual analytical framework that relies on propensity score (PS) weighting and matching to address selection bias associated with treatment status, the…

The notion of merit-aid is not a new development in higher education. Although previous researchers have demonstrated the impact of state-adopted merit-aid funding on student decision-making, fewer studies have examined institutional pricing responses to broad-based merit-aid policies. Using a generalized difference-in-difference approach, we…

This report aims to expand the window into federal student loan defaults beyond the event of default itself. It attempts to provide the most robust look to date of what happens to student loans "after a borrower defaults and why." Ultimately, this information should help policymakers evaluate the current set of policies related to…

We examine how the racial wealth gap interacts with financial aid in American higher education to generate a disparate impact on college access and outcomes. Retirement savings and home equity are excluded from the formula used to estimate the amount a family can afford to pay. All else equal, omitting those assets mechanically increases the…

The COVID-19 pandemic and the move to fully remote education required higher education practitioners to place extra focus on low socioeconomic students and those considered most at risk due to the disruption in learning (Goldrick-Rab, 2020; Kerr, 2020; Lustig, 2020; Miller, 2020; Zenter, 2020). Davis (2020) discovered that rural first-generation…

The market-based funding model more commonly known as direct student aid, which was adopted by the federal government during the late 1960s and early 1970s, has created a series of unintended consequences that threaten educational equity and the future of public higher education. The economic and societal impacts of the privatization of US public…