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Ragland, Sheri E. – ProQuest LLC, 2016
In 2008, state legislatures provided $6 billion in financial aid to 2 million low-income young adults. When low-income young adults receive state financial aid and do not complete college, states lose their investment because fewer people with degrees will contribute to the state's economy. Declining states' budgets have led to (a) the rising cost…
Descriptors: Student Financial Aid, State Policy, Graduation Rate, Correlation