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Bettinger, Eric – Educational Evaluation and Policy Analysis, 2015
This article exploits a natural experiment to estimate the effects of need-based aid policies on first-year college persistence rates. In fall 2006, Ohio abruptly adopted a new state financial aid policy that was significantly more generous than the previous plan. Using student-level data and very narrowly defined sets of students, I estimate a…
Descriptors: Student Financial Aid, Grants, Academic Persistence, College Students