Mandatory fees in higher education have increased substantially in recent years. These increases have changed the net cost of attendance for students from semester to semester. Coupled with these changes, we are witnessing an increase in students from diverse lived experiences who are traditionally unaware of costs associated with their…

The study examines ascribed, financial, and college factors to predict study abroad participation among a national sample of students from financially disadvantaged backgrounds. Based on a longitudinal sample of 398 fourth-year participants of a national scholarship program (consisting of more than 50% students of color and 50% first-generation…

This research brief uses publicly available data from the 2016/2017 Baccalaureate and Beyond survey to examine individual and institutional predictors of participation in paid and unpaid internships, especially family income. When controlling for other factors, results showed that low-income students were more likely to have unpaid internships…

This study examined the effects of unsubsidized federal Stafford loans on six-year degree attainment at 4-year colleges and universities in the U.S., and how these differentially impact students across income groups. For this, nationally representative data from the Beginning Postsecondary Students (BPS:04/09) and the Integrated Postsecondary…

Using a data set that augments a student survey with administrative data from the Iowa State University Office of Financial Aid, the authors posed two questions: Do students know whether they have student loans? Do students know how much they owe on outstanding student loans? We used logistic and ordered logit regressions to answer these…

The Pittsburgh Promise is a scholarship program that provides $5,000 per year toward college tuition for public high school graduates in Pittsburgh, Pennsylvania who earned a 2.5 GPA and a 90% attendance record. This study used a difference-in-difference design to assess whether the introduction of the Promise scholarship program directly…

Using the 2007-2008 National Postsecondary Student Aid Study, this study tested positively the hypothesis that college students are either likely to acquire debt above the national median or work more than 30 hours a week in order to graduate from a four year degree within six years. These results resonate with the theory of academic capitalism,…

College student debt and loan default are growing concerns in the United States. For each U.S. institution, the federal government is now reporting a cohort default rate, which is the percent of students who defaulted on their loan, averaged over a three-year period. Previous studies have amply shown that student characteristics are strongly…

Federal higher education policy has shifted over the past few decades from grants to loans as the primary means for providing access to postsecondary education for low- and moderate-income families. With this shift, policy makers have begun tracking student loan default rates as a key indicator of the efficacy of student loan programs. This effort…

Linked a database of California student borrowers with background financial and demographic information and post-college employment data to examine factors that predict default for borrowers in the federal Family Education Loan program. Found that background demographic and financial characteristics, leaving school without a degree, having low…

The relationship and effects of financial aid packaging on college grade-point averages is examined. The need to reduce the subjectivity of packaging student financial awards is emphasized. (MLW)

The use of discriminant analysis in identifying potentially "good" versus potentially "bad" student loans is explained. The technique is applied to a sample of 200 student loan applications at the University of Wyoming. (LBH)

A study analyzed characteristics of 392 University of Dayton (Ohio) students borrowing through the Perkins Loan Program to discover their relative impact on loan default behavior, and developed a model to help predict individual potential defaulters. Financial aid policy recommendations aimed at reducing default costs at the institution are…

The impact of student input characteristics and college environments on types and amounts of financial aid received by men and women are studied. A demographic description of federal student financial aid recipients can be valuable to policy makers in evaluating the degree of success in providing aid to target populations. (MLW)

Investigated the impact of student characteristics and financial aid awards on degree completion rates of 2-year college students. Found that less than one-third obtained their degree, less than one-tenth of completers had a high school GPA of less than 2.0, federal loans and work study were positive predictors of degree completion, and federal…