We study the evolution of a campus-based aid program for low-income students that began with grant-heavy financial aid … years (2004–2006), in which students received additional institutional grant aid and few non-financial supports, improved … postsecondary progress, performance, or completion. In contrast, program-eligible students in more recent cohorts (2007–2010), when …

When students fund their education through loans, changes in student borrowing and tuition are interlinked. Higher … tuition costs raise loan demand, but loan supply also affects equilibrium tuition costs — for example, by relaxing students …

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 incentive for college students to reduce income, though abstruse …

For-profit providers have become an important fixture of U.S. higher education markets. Students who attend for … selective public schools. Because for-profits tend to serve students from more disadvantaged backgrounds, it is important to … different latent supply of for-profit institutions. The first-stage estimates show that students are much more likely to enroll …

The effect of credit constraints on the dropout, graduate and slow finishing decisions of university students in … credit constraints vary with high school achievement and that credit constrained students are at greater risk of dropout. We … find likely credit constrained students with strong high school achievement are more likely to graduate and less likely to …

which their students defaulted. I examine the predicted institutional responses under a variety of possible penalties and … economic efficiency in terms of costs due to a reallocation of students across sectors …

This paper estimates the percentage of students who do not take up their federal need-based student financial aid … although extensive student financial aid for needy students is available, it is crucial to know whether students assert their …-Economic Panel Study 2002–2013 and estimate the respective aid amounts students would have received, had they led an application for …