Not Whether, but Where? Pell Grants and College Choices

Celeste Carruthers and Jilleah G. Welch ()
Additional contact information
Jilleah G. Welch: Department of Economics, University of Tennessee, http://jilleahwelch.com/

No 2015-04, Working Papers from University of Tennessee, Department of Economics

Abstract: Pell grants are the largest financial aid vehicle in the United States, and yet, their role in shaping students' college choices is not clear. Drawing on the enrollment decisions of four cohorts of Tennessee high school graduates and discontinuities in Pell eligibility as a function of federal formulae, we find little evidence that marginal Pell eligibility affects whether or where students enroll in college. Inframarginal estimates suggest that students sort into colleges with 12 - 14 cents higher tuition per dollar of Pell aid, although other measures of college quality do not significantly improve over the counterfactual.

JEL-codes: H75 I22 I23 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2015-05-13, Revised 2015-09-28
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://web.utk.edu/~ccarrut1/CarruthersWelch_SEPT2015.pdf First version, 2015 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:ten:wpaper:2015-04

Access Statistics for this paper

More papers in Working Papers from University of Tennessee, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Scott Holladay ().