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Blake Heller; Sarah Kroeger; Catherine Lawlor – Society for Research on Educational Effectiveness, 2023
Summary: In spite of a large literature on the causal effects of financial aid, the impact of funding on college outcomes remains an area of ongoing research with important unanswered questions. Studying the impact of financial aid presents the ongoing challenge of how to identify causal effects, as aid receipt is rarely random and at least partly…
Descriptors: Need Analysis (Student Financial Aid), Student Financial Aid, Paying for College, Student Loan Programs