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A Boost for the Middle Class

An Evaluation of No-Loan Policies and Elite Private College Enrollment

Dados Bibliográficos

ID9010656
AutoresKelly Ochs Rosinger (0000-0003-4019-8296, ,, autor correspondente), Andrew Belasco (Transitions Optical (United States)), Andrew S Belasco (College Transitions LLC, Atlanta, Georgia, USA), James C Hearn (0000-0003-4659-3756, ,)
Ano2018
Volume90
Fascículo1
Páginas27-55
Data de publicação2018-07-19
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoThe Journal of Higher Education (JOURNAL)
Identificadores do periódicoISSN: 0022-1546 • E-ISSN: 1538-4640
EditoraTaylor & Francis (PUBLISHER • GB)
DOI10.1080/00221546.2018.1484222
OpenAlexW2882977852
IdiomaEN
Citações recebidas10
Referências citadas34

In response to goals of expanding access as well as public pressure to leverage substantial endowment resources toward increasing affordability, numerous elite colleges have enacted policies aimed at improving access and affordability by replacing student loans with grants in financial aid packages. No-loan policies, however, differ in the extent to which they expand affordability: Some policies offer a universal discount by replacing loans with grants for all aid-eligible students, while others offer narrowly targeted discounts to students based on income, Pell Grant eligibility status, or another means-tested threshold. We leveraged newly available Equality of Opportunity Project Mobility Report Card data and a difference-in-differences design using unweighted and weighted comparison groups to examine the relationship between adoption of universal and targeted no-loan policies and economic diversity at elite colleges. We found that colleges offering universal discounts experienced increased enrollment among middle-class students. Our study indicates universal no-loan policies represent one strategy to increase access and affordability for the middle-class in the elite reaches of higher education. The study also, however, raises questions about the policies’ effectiveness in addressing access for low-income students and efficiency in targeting aid

Access to Higher Education · Business · Economic growth · Economics · Elite · Endowment · Higher education · Leverage (statistics · Loan · Political science · Politics · Finance · Global Educational Reforms and Inequalities · Higher Education Research Studies · School Choice and Performance

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  • Consolidation of Class Advantages in the Wake of the Great Recession

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Obras citantes distintas10
Citações por ano1,43
Intervalo de citações2019 - 2024 (6)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 10
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