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来源类型Working Paper
规范类型报告
DOI10.3386/w22347
来源IDWorking Paper 22347
The Long Run Impacts of Merit Aid: Evidence from California\u2019s Cal Grant
Eric Bettinger; Oded Gurantz; Laura Kawano; Bruce Sacerdote
发表日期2016-06-20
出版年2016
语种英语
摘要We examine the long-term impacts of California’s state-based financial aid by tracking students’ educational and labor force outcomes for up to 14 years after high school graduation. We identify program impacts by exploiting variation in eligibility rules using GPA and family income cutoffs that are ex ante unknown to applicants. Aid eligibility increases undergraduate and graduate degree completion, and for some subgroups, raises longer-run annual earnings and the likelihood that young adults reside in California. Aid eligibility has no impact on take-up of the Pell or federal tax credits for higher education. These findings suggest that the net cost of financial aid programs may frequently be overstated, though our results are too imprecise to provide exact cost-benefit estimates.
主题Public Economics ; Taxation ; Public Goods ; National Fiscal Issues ; Health, Education, and Welfare ; Education
URLhttps://www.nber.org/papers/w22347
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580021
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Eric Bettinger,Oded Gurantz,Laura Kawano,et al. The Long Run Impacts of Merit Aid: Evidence from California\u2019s Cal Grant. 2016.
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