We examine the long-term impacts of California's state-based financial aid by tracking students' educational and labor …

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 …

intended to improve outcomes for underprepared college students. But like a costly medical treatment with non-trivial side … students' high school performance, they could remediate substantially fewer students without lowering success rates in college …