aid could reduce student loan defaults without restricting prospective students' access to higher education. We examine …, market enrollment declines by just 3 percent. Finally, we provide suggestive evidence that students induced to enroll in …

aid could reduce student loan defaults without restricting prospective students' access to higher education. We examine …, market enrollment declines by just 3 percent. Finally, we provide suggestive evidence that students induced to enroll in …

instead shifts students across higher education sectors. Finally, we provide suggestive evidence that students induced to …

low-income students at an elite public university. We find that the program increased four-year graduation rates by about … 8 percentage points for eligible students in the cohorts who experienced the fully developed program. For these cohorts … performance. We conclude that aid programs targeting low-income, high-ability students are most successful when they couple grant …

For-profit providers are becoming an increasingly important fixture of US higher education markets. Students who attend … than students attending similarly-selective public schools. Because for-profits tend to serve students from more …. The first-stage estimates show that students are much more likely to enroll in a for-profit institution for a given labor …