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- Title
Does Merit-Based Aid “Crowd Out” Need-Based Aid?
- Authors
Doyle, William
- Abstract
The advent of merit-based state financial aid programs has had several first order effects, such as changes in enrollment. However, these programs may also have second order effects, such as declining state support for need-based state financial aid programs. I hypothesize that the advent of merit-based state financial aid may be an example of Baumgartner and Jones’ punctuated equilibria. Results from estimation of models for dynamic panel data suggest instead that need-based aid has changed only incrementally in the states, without an observable effect of merit-based aid.
- Subjects
STUDENT financial aid; SCHOOL enrollment; HIGHER education; MERIT scholarships; EDUCABILITY; STUDENT financial aid administration; ECONOMIC conditions of students; FINANCIAL aid; SCHOLARSHIPS
- Publication
Research in Higher Education, 2010, Vol 51, Issue 5, p397
- ISSN
0361-0365
- Publication type
Article
- DOI
10.1007/s11162-010-9166-3