Tuition discounting (TD), a practice whereby institutional grants are used to subsidize a student's educational expense, has become a common practice at four-year institutions. TDs impact on enrollments, financial aid, and budgets continues to increase, raising concerns about the long-term sustainability of the practice. Drawing upon Breneman's…

This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to…

The national commitment to increasing postsecondary educational attainment, combined with growing economic anxiety, has made community colleges the focus of many federal and state policy initiatives. There is good reason for this: by virtue of their nature and reach, community colleges--public institutions of higher education that predominantly…

This study considered whether unmet financial need served as a predictor of retention and how the addition of lottery tuition assistance (LTA) to a financial aid package reduced unmet financial need. Retention was defined as a student who started in Fall, 2008 and returned in Fall, 2009.The two-year college, Greenville Technical College,…

Gaps in average college success among students of differing backgrounds have persisted in the United States for decades. One of the primary ways governments have attempted to ameliorate such gaps is by providing need-based grants, but little evidence exists on the impacts of such aid on longer-term outcomes such as college persistence and degree…

This article explores the determinants of persistence in the Chilean higher education system, considering academic and socio-demographic factors as well as the role of financial aid. The financial aid policy for students in Chile has undergone major changes over the last decade, which has allowed individuals from usually underrepresented income…

The 2013 study, "Looking Beyond Enrollment: The Causal Effect of Need-Based Grants on College Access, Persistence, and Graduation," examined whether eligibility for the Florida Student Access Grant (FSAG), a need-based grant for low-income students in Florida, affects college enrollment, credit accumulation, persistence over time in…

In the context of the recent efforts to arrive at a federal budget, articles abound in the popular media and trade publications debating both the value of Pell Grants and their rising cost to the U.S. government. Both pros and cons of the debate hold value. Pell Grants are what enable many low-income families to send their children to college and,…

The Workforce Training and Economic Development (WTED) Fund was established in 2003 as part of the Grow Iowa Values Fund and is currently funded through the Iowa Skilled Worker and Job Creation Fund. This fund has become an important source of financing for community college new program innovation, development, and capacity building, particularly…

Over the last three decades, college costs have increased nearly four times faster than median family income. Financial aid has not filled the growing gap, and the share of college costs not covered by financial aid or what the family is expected to contribute has risen sharply. Rising costs and rising debt make college a riskier investment for…

While many land-grant flagships strive to keep costs low for students, they have not been as successful in yielding high graduation rates, and, as a result, many students--including high numbers of Blacks and Latinos--fall through the cracks. Dr. Jose Cruz, the vice president for higher education, policy and practice at the Education Trust, a…

The level of fee remissions offered by private schools bears upon the scope for relying on private schools to provide public benefit. Analyses of education voucher systems have generally ignored the possibility that they will partially crowd out school-financed fee remissions. Moreover, variation in fee remissions between private schools may be…

Empirical studies exploring the impact of student aid on postsecondary enrollment often stop short of the specific examination of institutional tuition discounting. This research uses separate empirical ordinary least squares (OLS) regression models to examine three questions using public choice theory, positing that enrollment decisions may be…

The public focuses, understandably, on rising college tuition rates, but the actual cost of higher education is not covered by tuition. At Cornell University, for example, the cost of education per student is approximately double the price of tuition, and that holds for many other institutions of higher education as well. In effect, tuition is…

This article uses data from the 2004 National Postsecondary Student Aid Study to provide insight about the range of tuition discounting practices at public institutions. Specifically, it examines the characteristics of students who receive tuition discounts from public four-year colleges and universities. A binary logistic regression is applied to…