This dissertation studies the market for higher education and impacts of higher education policy on the market. In the first chapter, I estimate the short-run elasticity of supply of higher education using the rollout of state merit grant programs as plausibly exogenous variation in student demand for in-state higher education. I find that public…

Human capital production is central to economic wellbeing from a national perspective: it improves productivity, spurs technological innovation, and promotes sustainable economic growth over time. Equally important, investments in human capital are central to economic wellbeing at the individual level. College graduates tend to earn more money,…

St. Lawrence University received a five-year Scholarships in Science, Technology, Engineering, and Mathematics (S-STEM) award from the National Science Foundation (NSF) to create the multidisciplinary Liberal Arts Science Scholars program (award #1458712), which makes a high quality science and mathematics education accessible to high achieving,…

In this brief, the authors review some of the main goals of state student financial aid programs and provide a few examples of how these programs are organized. They also describe how state programs vary in terms of who benefits. They then discuss various possible designs for joint federal-state policymaking in this area and study their impact.…

This report describes the findings from a series of descriptive analyses seeking to understand the potential relationship between college access and school poverty for high-achieving middle school students, focusing specifically on potential access to state merit-based grant funding. Researchers monitored the academic achievement of more than…

This Statistics in Brief first examines merit aid and other non-need-based aid from all sources and then focuses on two sources of merit aid widely cited in empirical and policy-oriented literature--postsecondary institutions and states--examining how much merit aid students received and the characteristics of students who received it. It tracks…

The SREB Fact Book on Higher Education includes data on the population and economy, enrollment, degrees, student tuition and financial aid, faculty and administrators, revenue and expenditures. With more than 100 tables of detailed information, the Fact Book is one of the nation's most respected and most comprehensive collections of comparative…

The authors find that college students are borrowing more and taking on riskier forms of debt than ever before. If tuition increases continue to grow faster than inflation and family income and grant aid fails to keep pace, the authors project that more students will be left with few choices beyond student loans--and, increasingly, private loans.…

The Secretary is adopting as final, with changes, interim final regulations in: 34 CFR part 691 for the Academic Competitiveness Grant (ACG) and National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) programs; 34 CFR part 668 (Student Assistance General Provisions); and 34 CFR part 690 (Federal Pell Grant Program).…

Due to the increasing complexity in the financial aid process and the movement of available financial aid up the economic scale, poor people and minorities have less access to college, including engineering programs. Some impediments are lack of access to knowledge about college, increasing complexity and up-front costs in the application process…

After 25 years of federal and state voucher systems in higher education, public colleges and universities find themselves financially shortchanged. Higher education vouchers (direct student aid) were developed to expand educational opportunity, give lower income students more choices, and support private colleges. Voucher systems produce greater…