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Non-financial barriers to college are an important possible explanation for socioeconomic, racial, gender, and other gaps in college access and success. A sizeable economic literature documents policy efforts to understand and address these barriers. We review this literature on non-financial...
Persistent link: https://www.econbiz.de/10013210082
Proposed "free college" policies vary widely in design. The simplest approach sets tuition to zero for everyone. More targeted approaches limit free tuition to those who successfully demonstrate need through an application process. We experimentally test the effects of these two models on the...
Persistent link: https://www.econbiz.de/10013172163
Lottery-based identification strategies offer potential for generating the next generation of evidence on U.S. early education programs. Our collaborative network of five research teams applying this design in early education and methods experts has identified six challenges that need to be...
Persistent link: https://www.econbiz.de/10014226167
The increasing tension between the perceived necessity of a college degree and the challenge of paying for it has led to a proliferation of financial aid policy in the U.S. and around the world. More students are receiving more aid today, and more different types of aid, than ever before. Half a...
Persistent link: https://www.econbiz.de/10013334492
Does student aid increase college attendance or simply subsidize costs for infra-marginal students? Settling the question empirically is a challenge, because aid is correlated with many characteristics that influence educational investment decisions. A shift in financial aid policy that affects...
Persistent link: https://www.econbiz.de/10012471359
This paper examines the incentives created by the 529 and Coverdell tax-advantaged savings accounts. I find that the advantages of the 529 and Coverdell rise sharply with income, for three reasons. First, those with the highest marginal tax rates benefit the most from sheltering income, gaining...
Persistent link: https://www.econbiz.de/10012468223
529 saving plans and Coverdell Educational Savings Accounts are marketed as attractive vehicles for college savings. The main finding of this paper is that college savings plans can actually harm some families. The joint treatment by the income tax code and financial aid system of college...
Persistent link: https://www.econbiz.de/10012468336
The federal government and the states have recently enacted a slew of aid policies aimed at college students from middle- and high-income families. I estimate the impact of aid on the college attendance of middle- and upper-income youth by evaluating Georgia's HOPE Scholarship, the inspiration...
Persistent link: https://www.econbiz.de/10012470994
Half of college students drop out before completing a degree. These low rates of college completion among young people should be viewed in the context of slow future growth in the educated labor force, as the well-educated baby boomers retire and new workers are drawn from populations with...
Persistent link: https://www.econbiz.de/10012467073
Since the early Nineties, a dozen states have established broad-based merit aid programs. The typical program waives tuition and fees at public colleges and universities in one's home state. Unlike traditional merit programs, such as the National Merit Scholarship, this aid requires relatively...
Persistent link: https://www.econbiz.de/10012469303