College Costs, Financial Aid, and Student Decisions. Working Paper 30275

Autor/inn/en	Dynarski, Susan; Page, Lindsay C.; Scott-Clayton, Judith
Institution	National Bureau of Economic Research (NBER)
Titel	College Costs, Financial Aid, and Student Decisions. Working Paper 30275
Quelle	(2022) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Costs; Student Financial Aid; Barriers; Decision Making; Futures (of Society); Paying for College; Attribution Theory; Higher Education; Educational Attainment; Economic Factors; Research Methodology; Financial Policy; Educational Finance + Suchen Sie Ihr Suchwort? Cost; Kosten; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Decision-making; Entscheidungsfindung; Future; Society; Zukunft; Hochschulbildung; Hochschulsystem; Hochschulwesen; Bildungsabschluss; Bildungsgut; Ökonomischer Faktor; Research method; Forschungsmethode; Fiscal policy; Finanzpolitik; Bildungsfonds
Abstract	The increasing tension between the perceived necessity of a college degree and the challenge of paying for it has led to a proliferation of financial aid policy in the U.S. and around the world. More students are receiving more aid today, and more different types of aid, than ever before. Half a century of policy experimentation has led to an equally impressive accumulation of research evidence, facilitated by methodological advances and the widespread availability of student-level administrative data. In this chapter, we present the economic rationale for financial aid, a summary of how aid works in the U.S. context, and common methodological challenges in the study of financial aid. We then review the evidence from both inside and outside the U.S. on the causal impact of a variety of financial aid policies and programs on students' college decisions, attainment, and post-college outcomes, and summarize the overarching themes with respect to margins of impact, mechanisms, and heterogeneity. We conclude with a discussion of future directions for research. (As Provided).
Anmerkungen	National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01