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Xue, Mo; Chao, Xia – Journal of Student Financial Aid, 2015
With the notable shift from grants to loans over the past several decades, many researchers have argued the positive impact of financial aid on student college choice, enrollment, and persistence. However, literature indicates that students from economically disadvantaged backgrounds are less likely to take loans to finance postsecondary education…
Descriptors: Paying for College, Student Loan Programs, Student Attitudes, Change Strategies