Replication data for: Attainment Effects of Student Loans and Pell Grants
Principal Investigator(s): View help for Principal Investigator(s) Benjamin M. Marx; Lesley J. Turner
Version: View help for Version V1
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Project Citation:
Marx, Benjamin M., and Turner, Lesley J. Replication data for: Attainment Effects of Student Loans and Pell Grants. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114506V1
Project Description
Summary:
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We estimate attainment effects of financial aid at a large community college. Using variation from a field experiment that altered how the college presented loans and a discontinuity in the Pell Grant formula, we separately identify the effects of grant aid and loans on short-run attainment. Although increases in Pell Grant aid cause students to reduce their borrowing, our experiment allows us to partial out the effect of any borrowing response on attainment. Both grants and loans significantly increase credits completed and grades.
Scope of Project
JEL Classification:
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H52 National Government Expenditures and Education
I22 Educational Finance; Financial Aid
I23 Higher Education; Research Institutions
I28 Education: Government Policy
H52 National Government Expenditures and Education
I22 Educational Finance; Financial Aid
I23 Higher Education; Research Institutions
I28 Education: Government Policy
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