New York State (NYS) launched the Excelsior Scholarship in 2017. It is designed to make college tuition-free for students who attend publicly funded institutions and meet certain criteria. Is this scholarship a good investment for taxpayers of NYS? How long does it take taxpayers to recover their investment? This case analysis takes a perspective…

This research study attempted to understand the implications of a last-dollar, free community college program, otherwise known as a College Promise Program, and its ability to provide educational access, academic success, and degree attainment for the neediest of students. Three research questions focused on the relationship between eligibility…

RAND researchers studied more than 450,000 recipients of New Jersey's Tuition Aid Grant (TAG) -- the nation's most generous state-funded grant program per state resident college student -- to explore whether getting larger amounts of grant aid led to higher graduation rates for students at varying income levels and attending two-year, four-year,…

Four-year graduation rates have become a key performance measure for the institutions of higher education. However, with less than 30% of the first-time freshmen being able to graduate in four years from a four-year program suggests an investigation of the factors that affect a timely progress of students through their course of study. Many would…

We used the recent introduction of general tuition fees at public universities in several of the German federal states as a natural experiment to identify whether tuition fees reduce the time to graduation and the extent to which they do so. We employed a difference-in-differences approach with the states that introduced fees as the treatment…

Higher education has experienced many changes since the 1970s, including an increase in the price of college, an increase in student employment during college, a decrease in college completion rates, and an increase in time to degree. This paper ties these trends together by causally linking changes in financial aid with time to degree and student…

Over the previous two decades, state lawmakers have made two fundamental changes to how they finance their public universities. They have shifted more of the costs of higher education to students and their families through higher tuition rates; and created new grant programs that are not solely based on financial need but require prior…

Research shows that the more courses students take and complete, especially early in their postsecondary programs, the more likely they are to graduate. In particular, students who take 15 credits per semester or 30 credits a year have a higher likelihood to complete associate and baccalaureate degrees than students enrolling in fewer hours, even…

In American higher education, it has become the accepted standard to measure graduation rates at four-year colleges on a six-year time frame. Evaluations of two-year community colleges are now based on three-year graduation rates. Metrics like these are unacceptable, especially when we consider that students and their families are trying…

Many students enrolled in academic programs around the world take longer to obtain a degree than the normal completion time while college tuition is typically constant during the years of enrollment. In particular, it does not increase when a student remains in a program beyond the normal completion time. Using a Regression Discontinuity Design on…

This report on outcomes in New Jersey's public colleges and universities has the following key findings: (1) total undergraduate enrollment decreased by approximately 15,000 students between 1992 and 1997 as a result of declining part-time enrollment and despite an increase of 8,000 in full-time undergraduate enrollment during the same period; (2)…