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Download full textScott-Clayton, Judith; Schudde, Lauren – Center for Analysis of Postsecondary Education and Employment, 2016
College attendance is a risky investment. But students may not recognize when they are at risk for failure, and financial aid introduces the possibility for moral hazard. Academic performance standards can serve three roles in this context: signaling expectations for success, providing incentives for increased student effort, and limiting…
Descriptors: Student Financial Aid, College Students, Academic Achievement, Academic Standards
