Student employment subsidies are one of the largest types of federal employment subsidies, and one of the oldest forms of student aid. Yet it is unclear whether they help or harm students' long term outcomes. We present a framework that decomposes overall effects into a weighted average of effects for marginal and inframarginal workers. We then…

The impact of financial aid in helping a student stay in college is examined from data collected in 1972 from students who entered college in 1968. The findings include: (1) Students, especially men, who rely on loans for support during college increase their chances of dropping out. (2) Students who rely on scholarships or grants increase their…

Research findings regarding the impact of financial aid on the academic lives of college students, their grades, their academic loads, and their persistence are summarized. The five areas of financial aid studied are parental support, scholarships and grants, loans, work, and aid packages. (Author/JMD)

Four federal programs were investigated for inconsistencies in awarding financial aid to college students: the Supplemental Educational Opportunity Grants, Basic Educational Opportunity Grants, College Work-Study Program, and National Direct Student Loan Program. Their methods for determining student need and their legislative histories are…