ERIC Number: ED503779
Record Type: Non-Journal
Publication Date: 2008-Dec
Abstractor: As Provided
Reference Count: N/A
Estimating the Effect of Student Aid on College Enrollment: Evidence from a Government Grant Policy Reform. NBER Working Paper No. 14535
Nielsen, Helena Skyt; Sorensen, Torben; Taber, Christopher R.
National Bureau of Economic Research
In this paper, we investigate the responsiveness of the demand for college to changes in student aid arising from a Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental income. We exploit the combination of a kinked aid scheme and a reform of the student aid scheme to identify the effect of direct costs on college enrollment. To allow for heterogeneous responses due to borrowing constraints, we use detailed information on parents' assets. We find that enrollment is less responsive than found in other studies and that the presence of borrowing constraints only deters college enrollment to a minor extent.
Descriptors: Student Financial Aid, Enrollment Trends, Influences, Access to Education, Foreign Countries, Parent Influence, Educational Change, Costs, Student Loan Programs, College Bound Students
National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org/cgi-bin/get_bars.pl?bar=pub
Publication Type: Reports - Evaluative
Education Level: Higher Education
Authoring Institution: National Bureau of Economic Research
Identifiers - Location: Denmark