ERIC Number: EJ1392404
Record Type: Journal
Publication Date: 2023
Pages: 26
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-1546
EISSN: EISSN-1538-4640
Changing Undergraduate Funding Mix and Graduate Degree Attainment
Oh, Byeongdon; Kim, ChangHwan
Journal of Higher Education, v94 n5 p664-689 2023
Previous studies of the role of college students' funding sources in their educational outcomes have focused on individual funding sources and have not paid much attention to the mixing of multiple sources. As rising college tuition has heightened the financial burden on college students, the use of multiple funding sources has become an adaptive funding strategy for completing a college degree. Using discrete funding-source information from the National Survey of College Graduates, this study offers the first exploration of the change in funding mixes across three cohorts -- born in 1953-1962, 1963-1972, and 1973-1982 respectively -- and their association with graduate degree attainment. The proportion of students who utilized only one or two funding sources decreased, while those who juggled three or more sources increased. Contrary to the oldest cohort, for whom the association between undergraduate funding mix and graduate degree attainment was relatively weak, in the recent cohort, students mobilizing multiple sources became less likely to obtain a graduate degree compared to those fully funded by their families.
Descriptors: Educational Finance, Undergraduate Students, Outcomes of Education, Tuition, Comparative Analysis, Financial Support, Parent Child Relationship, Educational Attainment, Cohort Analysis, Correlation, Graduate Study, National Surveys, College Graduates
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: National Science Foundation (NSF)
Authoring Institution: N/A
Grant or Contract Numbers: SES1801820