Many educational systems have struggled with the question about how best to give out financial aid. In particular, if students do not know the amount of financial aid that they can receive before they make a decision about where to go to college and what major to study, it may distort their decision. This study utilizes an experiment (implemented…

Socioeconomic and ascriptive factors clearly influence high school students' academic performance, which in turn influences eventual college choice. This study shows that the socioeconomically disadvantaged who survive academically prior to high school graduation are attending colleges costing approximately the same as those of more advantaged…

Using High School and Beyond longitudinal data for 1980, this paper shows that government subsidized student aid substantially improved access to higher education for low income individuals. The analysis also shows that wealth neutrality (equal probability of college attendance across all incomes) was not achieved. (10 references) (MLH)

The education literature provides numerous estimates of community college diversion and democratization effects measured in terms of educational attainment. Kane and Rouse [J Econ Pers 13 (1999) 64] suggest testing for diversion by comparing the impacts of two-year and four-year colleges on the changes in educational aspirations that underlie…