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St. John, Edward P.; Masten, Charles L. – Journal of Student Financial Aid, 1990
It is argued that public investment in student financial aid should be evaluated based on tax revenue returns resulting from the expenditure. A model for estimating tax revenue returns from gains in educational attainment attributable to student aid is developed, and impact of aid on access and persistence is examined. (Author/MSE)
Descriptors: Academic Persistence, Access to Education, Economic Impact, Federal Programs