In 2016, the North Carolina legislature implemented the North Carolina Fixed Tuition Program. This policy ensures that, once enrolled, an undergraduate student's tuition rate at any of the state's four-year public colleges will not increase for eight consecutive semesters of enrollment. While touted as an effort to increase affordability by…

How have changes in the price of enrolling full time at public 2- and 4-year colleges affected student decisions about whether and where to enroll in college? Using local differences in the growth of tuition at community colleges and public 4-year colleges, we study the impact of public higher education tuition prices on the post-secondary…

In 2015, 65 universities in National Collegiate Athletic Association (NCAA) Division I autonomous conferences changed their scholarship policy by allowing universities to give student-athletes cost of attendance stipends. While student-athletes welcomed this policy change, many people within the higher education community felt the policy change…

Using data from four waves of the National Postsecondary Student Aid Study (NPSAS) in 2004, 2008, 2012, and 2016, this study examines the effect of the PGIB on veterans' student loans. Results indicate that the PGIB has significantly affected veteran students' borrowing behavior, with an average $1,100 reduction in Stafford Loans. Veteran students…

The 2011 Budget Control Act eliminated the in-school interest subsidy for graduate and professional students borrowing under the Stafford Loan Program. As a result, starting on July 1, 2012, graduate and professional students borrowing Stafford Loans became responsible for the interest accruing during their in-school deferment period. This study…

This study examines how primary funding sources during doctoral program including loans, RAships, TAships, fellowships, and personal/family support, are associated with career outcomes among STEM doctoral graduates. Using the 2013 Survey of Earned Doctorates (SED) data commissioned by the NSF, we conducted a series of logistic and multinomial…

In response to goals of expanding access as well as public pressure to leverage substantial endowment resources toward increasing affordability, numerous elite colleges have enacted policies aimed at improving access and affordability by replacing student loans with grants in financial aid packages. No-loan policies, however, differ in the extent…

As college promise programs proliferate across the United States with noted intentions to promote access through increased affordability, it is necessary to understand the relationship between these programs and other forms of financial aid, including loans. Using federal, state, and program-level data, we leverage a natural experiment to estimate…

Over the past three decades, political candidates and elected policymakers have advanced a wide variety of publicly funded tuition-subsidy programs to improve college access and -affordability. These college-aid programs employ different subsidy instruments, target different types of students, draw from different funding sources, and come with…

Working has become commonplace among college students in the United States; however, this activity can have unexpected financial consequences. Federal formulas implicitly tax the amount of financial aid some students are eligible to receive by as much as 50 cents for each marginal dollar of income. In this article, I document this college…

Much of the student loan literature focuses on institutional, individual, and family-level characteristics associated with indebtedness, default, and other undesirable post-graduation outcomes; however, relatively little research examines the role that federal policy has played in student borrowing. This study addresses this gap by analyzing the…

Americans are increasingly divided in their views on higher education, often in alignment with their political affiliations. This study examines how perspectives on one of the most pressing issues in higher education, college affordability, differ across political ideologies. For our analysis, we exploit an original dataset of text appearing on…

Although the literature offers evidence of students' aversion to borrowing for postsecondary education, it offers no insight into whether such attitudes are mutable. Through a blocked, cluster-randomized controlled trial in six diverse high schools in Louisville, Kentucky, we test whether providing student loan and repayment information affects…

Baccalaureate degree completion is essential for future development as a nation. Latinxs are the largest minority group in the country and by 2050 nearly one out of every three individuals will be of Latinx descent. While Latinx enrollment may increase, the proportion completing college is not comparable. This study explored the pre-college…

Guided by the Theory of Planned Behavior (TPB) (Fishbein & Ajzen, 2010), our study aims to understand how community college transfer students' STEM degree attainment behavior is shaped by their beliefs, intentions, contextual factors and social-demographic characteristics. This study drew upon data from the Education Longitudinal Study of 2002…