Using the 2007-2008 National Postsecondary Student Aid Study, this study tested positively the hypothesis that college students are either likely to acquire debt above the national median or work more than 30 hours a week in order to graduate from a four year degree within six years. These results resonate with the theory of academic capitalism,…

Every year, millions of students who would have qualified for financial aid do not complete the Free Application for Federal Student Aid (FAFSA). Discouragingly, many of these students come from lower-income families and would have qualified for Pell Grants that do not have to be repaid. Using data from the Beginning Postsecondary Students…

Evidence of greater economic stratification brings challenges to higher education's enrollment of low-income students. With a growing proportion of potential college students coming from low-income households, increasing their post-secondary participation rate is vital in developing and growing the pool of educated individuals for the labor force…

Despite the substantial size of the population, relatively little research has focused on the status and experiences of undergraduate parents. Using descriptive analyses of data from the NPSAS:04, this study provides a starting point for campus administrators, public policymakers, and educational researchers who seek to identify ways to better…

This article conducts a meta-analysis of results of studies by Andrieu (1991), DeAngelis (1998), and Liseo (2005) to assess changes over time in the effects of financial aid and other factors on graduate student persistence. A descriptive review of the studies finds that combination aid packages encouraged persistence in 1987 (Andrieu, 1991),…

The results of a comprehensive survey of the California community college financial aid offices and data from the California Community Colleges Chancellor's Office provide insight into how financial aid office characteristics and financial aid policies and procedures affect the enrollment, retention, and success of financial aid students at the…

Recent research on loan effects on student borrowers has focused on pre-college and post college behavior, neglecting the loan effects during the within-college period. This study integrated the student retention models and financial nexus model to investigate the effects of different kinds of financial aid on degree attainment of undergraduates…

This article uses the 2005 Basic Classifications of the Carnegie Foundation for the Advancement of Teaching as a framing device through which to examine patterns of student financial aid at America's rural community colleges, which represent 64% of all U.S. community colleges. Rural community colleges serve more first-time, full-time students than…

Five years have passed since the U.S. Census Bureau published synthetic estimates of work-life earnings by educational attainment. This paper updates those figures with the most recent data from the U.S. Census Bureau's annual Current Population Surveys, and adds net present value analysis of the financial benefit of a college degree to the…

This study examines how institutional expenditures and grants (student financial aid) relate to retention and graduation. It looks at this relationship over a 10-year period and examines differences between institutions with low- and high-admissions selectivity standards. In general, expenditures for institutional grants positively contributed to…

Examined data from the 2001 Survey of Undergraduate Financial Aid Policies, Practices, and Procedures. Findings included that all institutional types, even low-cost community colleges, have awarded a large share of their institutional grants based on students' academic merit or other criteria besides their demonstrated financial need, but that…

Examined the influence of gender on students' institutional aid awards while controlling for academic ability and need. Found no direct evidence of gender bias; however, when examining institutional characteristics, indirect implications suggested that gender was related to the relationship between academic ability as measured by the SAT/ACT and…

Analyzed data from the National Postsecondary Student Aid Study (NPSAS) to examine the awarding of institutional need-based versus non-need-based grants to undergraduate students. Determined: (1) how use of these grants has changed; (2) socioeconomic characteristics of student recipients; and (3) how institutional and student characteristics help…

Examined the distribution of merit-based and need-based financial aid packages among a nationally representative sample of baccalaureate degree recipients. Found that students from underrepresented race and class backgrounds are less likely to receive merit aid and that students with minimal financial need are more likely to receive merit aid. (EV)

Summarizes prior studies with a focus on untangling how changes in student financial aid policy have influenced changes in opportunity. Also recommends new strategies for lowering student loan debt, increasing federal and state cooperation in providing adequate need-based grant aid, and developing policies that target debt forgiveness for…