Jump to ContentJump to Main Navigation
College ChoicesThe Economics of Where to Go, When to Go, and How to Pay for It$
Users without a subscription are not able to see the full content.

Caroline M. Hoxby

Print publication date: 2004

Print ISBN-13: 9780226355351

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226355375.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 27 May 2020

Do and Should Financial Aid Packages Affect Students' College Choices?

Do and Should Financial Aid Packages Affect Students' College Choices?

Chapter:
(p.239) 6 Do and Should Financial Aid Packages Affect Students' College Choices?
Source:
College Choices
Author(s):

Christopher Avery

Caroline M. Hoxby

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226355375.003.0007

This chapter explores whether financial aid packages do or should affect students' college choices. It shows that the fascinating array of scholarships, grants, loans, and work-study programs exists because many parties want to alter meritorious students' college choices. The parties' objectives are diverse—from a purely altruistic desire to relax constraints facing the needy to a college's self-interested desire to enroll high-aptitude students who raise its profile or improve education for other students on campus. Their human capital and abilities are often thought to generate social spillovers. However, the behavior of high-aptitude students is also important purely for reasons of scientific inquiry. They are capable of the largest human capital investments in the nation. Observing them allows one to witness the forces that affect human capital investments at their most highly charged because the stakes are high.

Keywords:   financial aid, college choices, scholarships, grants, loans, work-study programs, high-aptitude students, human capital

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.