suggests that increasing grant aid for low-income college students would enhance welfare in many U.S. settings …We estimate effects of the largest U.S. federal grant for college students using administrative data from Texas four … receipt and earnings beginning four years after entry. Estimated increases in income tax payments fully recoup government …

aid could reduce student loan defaults without restricting prospective students' access to higher education. We examine …, market enrollment declines by just 3 percent. Finally, we provide suggestive evidence that students induced to enroll in …

We examine the impact of a temporary price shock on the attainment of undocumented college students enrolled in a large … undocumented students. By fall 2002, the state legislature restored in-state rates. Using a differences … immediate 8 percent decrease in senior college students' enrollment. Senior college students who entered college the semester …

the Graduate PLUS loan program. Access to additional federal loans increased graduate students' borrowing and shifted the … in constrained students' persistence or degree receipt. We document that among programs in which a larger share of … graduate students had exhausted their annual federal loan eligibility before the policy change--and thus were more exposed to …