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…

Since its inception in 1993, Georgia's HOPE Scholarship Program has provided thousands of state residents the opportunity to pursue a college education. This study examines the history and recent changes to the merit-based program along with interesting consequences resulting from its implementation. This study demonstrates how the program has…

A central dream of American parents is sending their kids to college. What used to be unusual has now become a necessity if young people are to have a secure life in the middle class in a post-industrial economy. As such, one basic goal of higher education policy should be to make certain that this opportunity is not foreclosed by a family's…