This study investigates the impact that different financial aid packages have on student stopout, reenrollment, and graduation probabilities. The authors simulate how various financial aid packaging regimes affect the occurrence and timing of these events. Their findings indicate that the number and duration of enrollment and stopout spells affect…

We present a multiple spells-competing risks model of stopout, dropout, reenrollment, and graduation behavior. We find that students who experience an initial stopout are more likely to experience subsequent stopouts (occurrence dependence) and are less likely to graduate. We also find evidence of the impact of the length of an initial spell on…

Rather than studying the structural paths through which variables affect student persistence in education, this paper offers a reduced form model that focuses on precollege, demographic, and certain current achievement and financial aid variables. This approach does not specify structural paths, but it does have the advantage of requiring only…