Testing Means-Tested Aid

被引：2
|
作者：
Murphy, Richard [1 ,2 ]
Wyness, Gill [3 ,4 ]
机构：
[1] Univ Texas Austin, Populat Res Ctr, Natl Bur Econ Res, Austin, TX 78712 USA
[2] London Sch Econ, Ctr Econ Performance, London, England
[3] UCL, Inst Educ, London, England
[4] London Sch Econ, London, England
来源：
JOURNAL OF LABOR ECONOMICS | 2023年
关键词：
FINANCIAL-AID; HIGHER-EDUCATION; BORROWING CONSTRAINTS; CREDIT CONSTRAINTS; COLLEGE ENROLLMENT; IMPACT; MANIPULATION; SCHOLARSHIP; PERSISTENCE; GRADUATION;
D O I：
10.1086/719995
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We estimate the effect of an unexpected institutional financial aid (IFA) award on student outcomes using administrative data collected from nine universities, exploiting variation in IFA schedules within and across university-entry cohorts. Each 1,000 pound of IFA during the first year of college increases the chances of completing that year by 1.4 percentage points, improves test scores by 0.059 standard deviations, and increases the chances of graduating with a good degree by 3.4 percentage points. We find that high-ability and low-income students benefit the most and calculate outcome-maximizing and cost-minimizing IFA schedules for each university.
引用
收藏
页码：687 / 727
页数：41
相关论文
共 50 条
12345