财政援助损失对持续性和毕业的影响:一种多维回归的不连续性方法

IF 1.7 3区 教育学 Q2 ECONOMICS
Todd R. Jones, Daniel Kreisman, R. Rubenstein, Cynthia S. Searcy, Rachana Bhatt
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引用次数: 7

摘要

摘要多年来,佐治亚州的HOPE奖学金计划为成绩优异的学生提供全额学费奖学金。2011年,国家预算短缺减少了其慷慨程度。根据新规定,只有符合更严格的择优录取标准的学生才能保留最初的全额学费奖学金,现在称为泽尔·米勒奖学金,其他学生的助学金减少了约15%。我们利用了这样一个事实,即其中两个标准是高中平均分和SAT/ACT成绩,当变化发生时,学生无法操纵这两个标准。我们利用多维回归不连续性的进展,比较了刚刚高于和低于这些临界点的已入学学生,以估计部分援助损失的影响。我们发现,在这些变化之后,援助不成比例地流向了富裕的学生,没有发现任何证据表明财政援助的减少影响了这些学生的坚持或毕业。研究结果表明,成绩优异的学生,尤其是那些已经上大学的学生,可能比同龄人对价格不那么敏感。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The Effects of Financial Aid Loss on Persistence and Graduation: A Multi-Dimensional Regression Discontinuity Approach
Abstract For years Georgia's HOPE Scholarship program provided full tuition scholarships to high-achieving students. State budgetary shortfalls reduced its generosity in 2011. Under the new rules, only students meeting more rigorous merit-based criteria would retain the original scholarship covering full tuition, now called the Zell Miller Scholarship, with other students seeing aid reductions of approximately 15 percent. We exploit the fact that two of the criteria were high school grade point average and SAT/ACT score, which students could not manipulate when the change took place. We compare already-enrolled students just above and below these cutoffs, making use of advances in multi-dimensional regression discontinuity, to estimate effects of partial aid loss. We show that, after the changes, aid flowed disproportionately to wealthier students and find no evidence that the financial aid reduction affected persistence or graduation for these students. The results suggest that high-achieving students, particularly those already in college, may be less price-sensitive than their peers.
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来源期刊
CiteScore
3.00
自引率
4.80%
发文量
46
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