Matching Pell Grants: Implications for College Debt and Parental Transfers

Patricia Beeson, Daniele Coen-Pirani, Jessica LaVoice and Marla Ripoll

AEA Papers and Proceedings, 2023, vol. 113, 524-29

Abstract: We study the causal effect of the net price of college on student debt, schooling investment, and parental transfers by exploiting a natural experiment. A large public US university introduced a program to match Pell Grants in academic year 2019–2020. We use a difference-in-difference approach to measure the impact of this policy on the variables of interest and interpret our findings using a simple structural model of human capital investment under credit constraints.

JEL-codes: G51 I22 I23 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/pandp.20231080 (application/pdf)
https://www.aeaweb.org/doi/10.1257/pandp.20231080.ds (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:apandp:v:113:y:2023:p:524-29

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/subscribe.html

DOI: 10.1257/pandp.20231080

Access Statistics for this article

AEA Papers and Proceedings is currently edited by William Johnson and Kelly Markel

More articles in AEA Papers and Proceedings from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().