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Download full textEvans, Brent J.; Nguyen, Tuan D. – Stanford Center for Education Policy Analysis, 2018
By applying a regression discontinuity design to national data of students at four-year colleges, this study identifies the substitution effects of exogenously received increases of grant aid on hours of paid labor, earnings, and borrowing while in college. Results confirm students substitute grant aid for both paid labor and borrowing. An average…
Descriptors: Federal Aid, Grants, College Students, Income
