We empirically examine whether there is discernable variation in the matriculation patterns of low-income students at public flagship institutions in the United States around changes in institutional financial-aid policies that target resident, low-income students with need-based aid. While...

Prior empirical evidence finds that merit-aid programs such as the Georgia Hope Scholarship yield large and significant enrollment effects, whereas need-based aid programs such as the Pell Grant yield modest and often insignificant enrollment effects. This paper uses unpublished panel data on...

We empirically examine whether there is discernable variation in the matriculation patterns of low-income students at public flagship institutions in the United States around changes in institutional financial-aid policies that target resident, low-income students with need-based aid. While...

Relatively little work has examined whether universities compete directly in either list or net tuition. This paper is the first to examine competition among universities, doing so through the introduction of geographic proximity into a model of tuition determination. We also contribute to the...

Using new institution-level data we assess the impact of changing federal aid levels on institution-level Pell revenues. Using various policy instruments associated with Pell generosity, we quantify the sensitivity of institutional Pell revenues to the generosity of the Pell Grant program. In...

Prior empirical evidence finds that general enrollment effects of merit-aid programs such as the Georgia Hope Scholarship are large and significant, while the effects of need-based aid programs such as the Pell Grant are modest and often insignificant. This paper uses new panel data on Pell...