scholarly journals Born Under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints

2017 ◽  
Author(s):  
Jeffrey T. Denning
Keyword(s):  
Labor Supply ◽  
Financial Aid ◽  
Credit Constraints ◽  
College Completion

scholarly journals Data for Students: The Potential of Data and Analytics for Student Success

2020 ◽  
Author(s):  
Katherine Leu
Keyword(s):  
Student Success ◽  
Financial Aid ◽  
Postsecondary Education ◽  
Data Analytics ◽  
Data Science ◽  
Postsecondary Institutions ◽  
College Completion ◽  
Ethical Challenges ◽  
Education Data ◽  
Data Linkages

Postsecondary education is awash in data. Postsecondary institutions track data on students’ demographics, academic performance, course-taking, and financial aid, and have put these data to use, applying data analytics and data science to issues in college completion. Meanwhile, an extensive amount of higher education data are being collected outside of institutions, opening possibilities for data linkages. Newer sources of postsecondary education data could provide an even richer view of student success and improve equity. To explore this potential, this brief describes existing applications of analytics to student success, presents a framework to structure understanding of postsecondary data topics, suggests potential extensions of these data to student success, and describes practical and ethical challenges.

scholarly journals Nonconvexities, Retirement, and the Elasticity of Labor Supply

2013 ◽  
Vol 103 (4) ◽  
pp. 1445-1462 ◽  
Author(s):  
Richard Rogerson ◽  
Johanna Wallenius
Keyword(s):  
Human Capital ◽  
Life Cycle ◽  
Labor Supply ◽  
Capital Accumulation ◽  
Credit Constraints ◽  
Elasticity Of Substitution ◽  
Human Capital Accumulation ◽  
Hours Worked ◽  
Younger Workers ◽  
Life Cycle Models

We consider two life cycle models of labor supply that use nonconvexities to generate retirement. In each case we derive a link between hours worked prior to retirement, the intertemporal elasticity of substitution for labor (IES), and the size of the nonconvexities. This link is robust to allowing for credit constraints and human capital accumulation by younger workers and suggests values for the IES that are .75 or higher. (JEL D91, J22, J24, J26)

CREDIT CONSTRAINTS AND LABOR SUPPLY: EVIDENCE FROM BANK BRANCHING DEREGULATION

2019 ◽  
Vol 58 (1) ◽  
pp. 335-360 ◽  
Author(s):  
Kien Dao Bui ◽  
Ejindu S. Ume
Keyword(s):  
Labor Supply ◽  
Credit Constraints ◽  
Bank Branching

Financial Aid's Role in Meeting State College Completion Goals

2013 ◽  
Vol 8 (3) ◽  
pp. 349-363 ◽  
Author(s):  
Nicholas W. Hillman ◽  
Erica Lee Orians
Keyword(s):  
Higher Education ◽  
Financial Aid ◽  
College Completion ◽  
Application Process ◽  
Task Forces ◽  
Financial Aid Policy ◽  
State College ◽  
State Education ◽  
Eligibility Requirements ◽  
Higher Education Leaders

This brief utilizes the most recent and rigorous financial aid research to inform state higher education leaders about innovative and effective financial aid practices. By simplifying aid eligibility requirements, improving the aid application process, and engaging in early awareness efforts, states could improve the effectiveness of existing aid programs. Additionally, by targeting aid in ways that encourage college completion, more students (particularly those who are most constrained by finances) will improve their chances of earning postsecondary degrees. In recent years, several states have adopted goals of greatly increasing educational attainment levels, so we argue that innovative financial aid policy reform is one of the necessary steps toward meeting these goals. This brief can inform ongoing policy negotiations between state commissioners of higher education, state education task forces, and education and workforce legislative committees.

scholarly journals The Impact of Pell Grant Eligibility on Community College Students’ Financial Aid Packages, Labor Supply, and Academic Outcomes

2018 ◽  
Vol 40 (4) ◽  
pp. 557-585 ◽  
Author(s):  
Rina Seung Eun Park ◽  
Judith Scott-Clayton
Keyword(s):  
College Students ◽  
Community College ◽  
Labor Supply ◽  
Community College Students ◽  
Financial Aid ◽  
Academic Outcomes ◽  
Indirect Evidence ◽  
Pell Grant ◽  
Federal Loans ◽  
The Impact

In this article, we examine the effects of receiving a modest Pell Grant on financial aid packages, labor supply while in school, and academic outcomes for community college students. Using administrative data from one state, we compare students just above and below the expected family contribution cutoff for receiving a Pell Grant. We find that other financial aid adjusts in ways that vary by institution: Students at schools that offer federal loans borrowed more if they just missed the Pell eligibility threshold, but at other schools, students were instead compensated with higher state grants. Focusing on the loan-offering schools, we find suggestive evidence that receiving a modest Pell Grant leads students to reduce labor supply and increase enrollment intensity. We also provide indirect evidence that students’ initial enrollment choices are influenced by an offer of Pell Grants versus loans.

scholarly journals Institutional Barriers Contribute to Low College Completion Rates

2021 ◽  
Vol 1 (1) ◽  
pp. 18-24
Author(s):  
Lawrence Abele
Keyword(s):  
Financial Aid ◽  
Graduation Rates ◽  
College Completion ◽  
College Graduation ◽  
Completion Rates ◽  
Institutional Barriers ◽  
Transfer Credits ◽  
College Graduation Rates ◽  
College Completion Rates

Institutions contribute to low college graduation rates by creating barriers. These are six common ones: degree requirements poorly described, not offering needed courses, unnecessary registration holds, inappropriate placement of transfer credits, financial aid policies that do not benefit the most needy students and not recommending students complete 30 hours a year. All of these barriers can be removed at little or no cost to the institution.

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