In this study, the authors use college enrollment and migration data to test the brain drain hypothesis. Their results suggest that state merit scholarship programs do indeed stanch the migration of "best and brightest" students to other states. In the aggregate and on average, the implementation of state merit aid programs increases the…

As the nation's newest broad-based merit aid program, the Tennessee Education Lottery Scholarship program's generous eligibility requirements may target the very students who are disproportionately left out of similar programs in other states. This article compares the scholarship eligibility rates of Tennessee students with three other states:…