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Dynarski, Susan; Scott-Clayton, Judith – National Bureau of Economic Research, 2013
In the nearly fifty years since the adoption of the Higher Education Act of 1965, financial aid programs have grown in scale, expanded in scope, and multiplied in form. As a result, financial aid has become the norm among college enrollees. The increasing size and complexity of the nation's student aid system has generated questions about…
Descriptors: Student Financial Aid, Paying for College, Higher Education, Educational Policy
Dynarski, Susan M. – National Bureau of Economic Research, 1999
Does student aid increase college attendance or simply subsidize costs for infra-marginal students? Settling the question empirically is a challenge, because aid is correlated with many characteristics that influence educational investment decisions. A shift in financial aid policy that affects some youth but not others can provide an identifying…
Descriptors: Student Financial Aid, College Attendance, Correlation, Graduation