Born under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints. Upjohn Institute Working Paper 17-267

Autor/in	Denning, Jeffrey T.
Institution	W.E. Upjohn Institute for Employment Research
Titel	Born under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints. Upjohn Institute Working Paper 17-267
Quelle	(2017), (53 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	College Students; Student Financial Aid; Correlation; Time to Degree; Student Employment; College Seniors; Wages; Federal Aid; Tuition; Age Differences; Labor Supply; Tax Credits; Student Loan Programs; Family Income; Higher Education; Graduation; Texas + Suchen Sie Ihr Suchwort? Collegestudent; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Korrelation; Studentenarbeit; College; Colleges; Senior; Hochschule; Fachhochschule; Wage; Löhne; Unterweisung; Unterricht; Age; Difference; Age difference; Altersunterschied; Labour Supply; Arbeitskräfteangebot; Steuerermäßigung; Familieneinkommen; Hochschulbildung; Hochschulsystem; Hochschulwesen; Abschluss; Graduierung
Abstract	Higher education has experienced many changes since the 1970s, including an increase in the price of college, an increase in student employment during college, a decrease in college completion rates, and an increase in time to degree. This paper ties these trends together by causally linking changes in financial aid with time to degree and student employment during college. I find that additional financial aid accelerates graduation for university seniors because they increase credits attempted and reduce earnings while in college. In reaching this finding, I use administrative education and earnings data to examine a discrete change in the amount of federal financial aid available to financially independent students. The estimates in this paper imply that roughly 50 percent of the observed increase in time to degree can be explained by changes in tuition. (As Provided).
Anmerkungen	W. E. Upjohn Institute for Employment Research. 300 South Westnedge Avenue, Kalamazoo, MI 49007-4686. Tel: 888-227-8569; Tel: 269-343-4330; Fax: 269-343-7310; Web site: http://www.upjohninstitute.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01