Simulating the Longitudinal Effects of Changes in Financial Aid on Student Departure from College

Stephen L. DesJardins, Dennis A. Ahlburg and Brian McCall

Journal of Human Resources, 2002, vol. 37, issue 3, 653-679

Abstract: We use the estimates from a hazard model of college student departure to simulate how changes in financial-aid packaging affect students' departure decisions over time. We find that changing loans to scholarships, as Princeton has recently done, has a large impact on retention and that frontloading aid has a more modest impact. Our results also suggest that financial aid represents more to the student than just the dollar value of the aid offered. Increased knowledge about the temporal effects of different types of financial aid will help policy makers make more informed choices about the structure of financial aid packages.

Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (30)

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/3069685
A subscription is required to access pdf files. Pay per article is available.

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:uwp:jhriss:v:37:y:2002:i:3:p:653-679

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().