The United States has widely experimented with merit-based financial aid to make college more accessible and affordable for its youth. Varying in design and benefits, these state-run programs subsidize college costs for academically meritorious high-school graduates. While broadly linked to higher college attendance the distribution of aid…

The purpose of this study was to report on the effects of a comprehensive set of postsecondary grant aid programs on outcomes from initial college enrollment to post-college employment, based on a systematic review of the literature from January 2002 to January 2020. Studies that used randomized-controlled trials, regression discontinuity designs,…

Becoming HOPEless in the 2-year sector addresses the question: "what happens when a state-wide policy removes merit-based financial aid from low-income students making satisfactory academic progress?" To assess the magnitude of this HOPEless effect, we compared credits attempted, attained, and persistence and graduation indicators of…

The notion of merit-aid is not a new development in higher education. Although previous researchers have demonstrated the impact of state-adopted merit-aid funding on student decision-making, fewer studies have examined institutional pricing responses to broad-based merit-aid policies. Using a generalized difference-in-difference approach, we…

In this paper we provide a rigorous review of evaluations of education programmes in developing countries. This review is organised to provide guidance to policy-makers by identifying education interventions that are effective, sometimes effective, and not effective and by presenting some information on the cost effectiveness of different types of…

This report presents a comparative overview of the main features of national student fee and financial support systems in European higher education in the 2020/21 academic year. It provides insights on whether any fees are charged to students in higher education, which students may have to pay such fees and how much. It also presents public…

We investigate relationships between several financial aid policies and student enrollment behavior. Chapters 1 and 2 (co-authored with Robert Rosenman) use proprietary data from a public research university to address institution level policies affecting enrollment. Chapter 3 (co-authored with Benjamin Cowan) utilizes government data address a…

For more than seventy-five years, standardized tests have been considered a vital tool for gauging students' readiness for college. However, few people--including students, parents, teachers, and policy makers--understand how tests like the SAT or ACT are used in admissions decisions. Once touted as the best way to compare students from diverse…

This annual report shows how fee and support systems (including grants and loans) interact in higher education in Europe. It provides both a comparative overview and individual country sheets outlining the main elements of national systems. In particular, the publication describes the range of fees charged to students, specifying the categories of…

It was not far back in history when a significant section of society in India preferred public funding over private funding for education. This article attempts to go back to the decisive point when private funding replaced public funding for education. It also investigates the reasons for such a shift in preference. Even after the preference for…

This study examines the impact of merit-aid programs on secondary course taking patterns. Specifically, this study uses difference-in-differences to analyze state-level Advanced Placement (AP) participation and examination data pre and post merit-aid adoption. Results indicate increases in AP participation and number of total examinations after…

Human capital production is central to economic wellbeing from a national perspective: it improves productivity, spurs technological innovation, and promotes sustainable economic growth over time. Equally important, investments in human capital are central to economic wellbeing at the individual level. College graduates tend to earn more money,…

For 50 years, the Higher Education Act has been the primary vehicle for advancing federal higher education policy. Many policymakers and interested observers expect its upcoming reauthorization to address three overarching topic areas: college affordability, institutional quality, and student safety. Indeed, previous reauthorizations have…

President Obama has proposed a financial aid policy whereby students who complete 100 hours of community service would receive a tax credit of US$4,000 for college. After lawmakers cut this proposal from previous legislation, the administration was tasked with studying the feasibility of implementation. However, the implications of the policy for…

The concentration of broad-based merit aid adoption in the southeastern United States has been well noted in the literature. However, there are states that have adopted broad-based merit aid programs outside of the Southeast. Guided by multiple theoretical frameworks, including innovation diffusion theory (e.g., Gray, 1973, 1994; Rogers, 2003),…