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Place-based college scholarships, such as the Kalamazoo Promise, provide students who live in a particular place, and/or who attend a particular school district, with generous college scholarships. An important potential benefit from such "Promise programs" is their short-term effects on local...
Persistent link: https://www.econbiz.de/10011399471
We estimate the effects on postsecondary education outcomes of the Kalamazoo Promise, a generous place-based college scholarship. We identify Promise effects using difference-indifferences, comparing eligible to ineligible graduates before and after the Promise's initiation. According to our...
Persistent link: https://www.econbiz.de/10011288671
Despite tremendous recent interest in the subject of student debt by both researchers and policy makers, little is known about how the distribution of college graduate debt has been evolving and what factors can explain it. We use National Postsecondary Student Aid Study data from 1990 through...
Persistent link: https://www.econbiz.de/10010260379
As the costs of higher education rise, many communities have begun to adopt their own financial aid strategy: place-based scholarships for students graduating from the local school district. Some place-based scholarships impose merit- and/or need-based restrictions, while others require little...
Persistent link: https://www.econbiz.de/10011438235
Public investments in repairs, modernization, and construction of schools cost billions. However, little is known about the nature of school facility investments, whether such investments actually change the physical condition of public schools, and the subsequent causal impacts on student...
Persistent link: https://www.econbiz.de/10011484038
In order to study whether college scholarships can be an effective tool in raising students' performance in secondary school, we use one aspect of the Kalamazoo Promise that resembles a quasi-experiment. The surprise announcement of the scholarship created a large change in expected college...
Persistent link: https://www.econbiz.de/10009612272
Working has become commonplace among college students; however, this activity can have unexpected financial consequences. Federal formulas implicitly tax the amount of financial aid students are eligible to receive by as much as 50 cents for each marginal dollar of income. This tax creates an...
Persistent link: https://www.econbiz.de/10011410553
Using the W.E. Upjohn Institute's Promise Programs Database - a searchable data set covering about 200 place-based scholarship programs-this paper explores how the design of Promise programs can shape their equity impacts. The authors first examine the landscape of place-based programs to...
Persistent link: https://www.econbiz.de/10013257225
This paper examines how financial aid reform based on postsecondary institutional performance impacts student choice. Federal and state regulations often reflect concerns about the private, for-profit sector's poor employment outcomes and high loan defaults, despite the sector's possible...
Persistent link: https://www.econbiz.de/10012695642
A concern in higher education policy is that students are taking longer to graduate. One possible reason for this observation is an increase in off-campus labor market participation among college students. Financial aid may play a role in the labor/study choice of college students-as college...
Persistent link: https://www.econbiz.de/10012816354