Optimal College Financial Aid : Theory and Evidence on Free College, Early Commitment, and Merit Aid from an Eight-Year Randomized Trial. EdWorkingPaper No. 21-393 / Douglas N. Harris and Jonathan Mills.
We provide theory and evidence about how the design of college financial aid programs affects a variety of high school, college, and life outcomes. The evidence comes from an eight-year randomized trial where 2,587 high school ninth graders received a $12,000 merit-based grant offer. During high sch...
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| Language: | English |
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2021.
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