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来源类型Publication
Monetary Substitution of Loans, Earnings, and Need-based Aid in Postsecondary Education: The Impact of Pell Grant Eligibility
Brent J. Evans; Tuan D. Nguyen
发表日期2018
出版年2018
语种英语
摘要

By applying a regression discontinuity design to national data of students at four-year colleges, this study identifies the substitution effects of exogenously received increases of grant aid on hours of paid labor, earnings, and borrowing while in college. Results confirm students substitute grant aid for both paid labor and borrowing. An average increase of $1,100 in grant aid reduces weekly job hours by 1.5-2 hours per week for women, corresponding to a decline in annual earnings of $850, and reduces borrowing by an average of $300-$400 dollars among all students. We find limited evidence of grant aid’s impact on academic outcomes.

主题Federal and State Education Policy
子主题Finance ; Student Success
URLhttps://cepa.stanford.edu/content/monetary-substitution-loans-earnings-and-need-based-aid-postsecondary-education-impact-pell-grant-eligibility
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/491846
推荐引用方式
GB/T 7714
Brent J. Evans,Tuan D. Nguyen. Monetary Substitution of Loans, Earnings, and Need-based Aid in Postsecondary Education: The Impact of Pell Grant Eligibility. 2018.
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wp18-05-v201803.pdf(664KB)智库出版物 限制开放CC BY-NC-SA浏览
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