G2TT
来源类型Publication
Federal and State Financial Aid during the Great Recession
Eric P. Bettinger; Betsy Williams
发表日期2015
出版者How the Financial Crisis and Great Recession Affected Higher Education
出版年2015
语种英语
摘要

During the Great Recession, the maximum federal Pell award grew over 32 percent in three years, the fastest rate in its history. Our research examines how states' need-based financial aid policies responded to the economic downturn and this Pell program. Documenting tends in state and federal policies, we show a pattern that as many as half of the states have reduced the generosity of their financial aid programs during the Great Recession. This pattern of reducing generosity in the wake of increases in the Federal Pell Grant Program is not new, and our research shows that this potential fiscal federalism has become more common since 2000. We highlight specific policies in three states that illustrate this trend. We also use student-level data from Ohio to illustrate how students' net aid packages changed in response to the combined changes in federal and state aid policy, finding that the state policy had disproportionate effects on the students with most need.

主题Federal and State Education Policy
子主题Finance
URLhttps://cepa.stanford.edu/content/federal-and-state-financial-aid-during-great-recession
来源智库Center for Education Policy Analysis (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/491726
推荐引用方式
GB/T 7714
Eric P. Bettinger,Betsy Williams. Federal and State Financial Aid during the Great Recession. 2015.
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