College Choices: The Economics of Where to Go, When to Go, and How to Pay for It
College Choices: The Economics of Where to Go, When to Go, and How to Pay for It
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Abstract
Aspiring college students and their families have many options. A student can attend an in-state or an out-of-state school, a public or private college, a two-year community college program or a four-year university program. Students can attend full time and have a bachelor of arts degree by the age of twenty-three or mix college and work, progressing toward a degree more slowly. To make matters more complicated, the array of financial aid available is more complex than ever. Students and their families must weigh federal grants, state merit scholarships, college tax credits, and college savings accounts, to name just a few. This book shows how students and their families really make college decisions—how they respond to financial aid options, how peer relationships figure in the decision-making process, and even whether they need mentoring to get through the admissions process. Students of all sorts are considered—from poor students, who may struggle with applications and with deciding whether to continue on to college, to high-aptitude students who are offered “free rides” at elite schools. The book utilizes the best methods and latest data to analyze the college decision-making process, while explaining how changes in aid and admissions practices inform those decisions as well.
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Front Matter
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Introduction
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1
Going to College and Finishing College: Explaining Different Educational Outcomes
Sarah E. Turner
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2
The New Merit Aid
Susan Dynarski
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3
The Impact of Federal Tax Credits for Higher Education Expenses
Bridget Terry Long
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4
Education Savings Incentives and Household Saving: Evidence from the 2000 TIAA-CREF Survey of Participant Finances
Jennifer Ma
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5
How Financial Aid Affects Persistence
Eric Bettinger
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6
Do and Should Financial Aid Packages Affect Students' College Choices?
Christopher Avery andCaroline M. Hoxby
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7
Resident and Nonresident Tuition and Enrollment at Flagship State Universities
Michael J. Rizzo andRonald G. Ehrenberg
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8
Student Perceptions of College Opportunities: The Boston COACH Program
Christopher Avery andThomas J. Kane
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9
Peer Effects in Higher Education
Gordon C. Winston andDavid J. Zimmerman
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End Matter
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