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Date: November 22, 2024 Fri
Time: 11:45 am
Time: 11:45 am
Results for colleges and universities (u.s.)
1 results foundAuthor: Lovenheim, Michael F. Title: Does Federal Financial Aid Affect College Enrollment? Evidence from Drug Offenders and the Higher Education Act of 1998 Summary: In 2001, amendments to the Higher Education Act made people convicted of drug offenses ineligible for federal financial aid for up to two years after their conviction. Using rich data on educational outcomes and drug charges in the NLSY 1997, we show that this law change had a large negative impact on the college attendance of students with drug convictions. On average, the temporary ban on federal financial aid increased the amount of time between high school graduation and college enrollment by about two years, and we also present suggestive evidence that affected students were less likely to ever enroll in college. Students living in urban areas and those whose mothers did not attend college appear to be the most affected by these amendments. Importantly, we do not find that the law deterred young people from committing drug felonies nor did it substantively change the probability that high school students with drug convictions graduated from high school. We find no evidence of a change in college enrollment of students convicted of non-drug crimes, or of those charged by not convicted of drug offenses. In contrast to much of the existing research, we conclude that, for this high-risk group of students, eligibility for federal financial aid strongly impacts college investment decisions. Details: Cambridge, MA: National Bureau of Economic Research, 2013. 45p. Source: Internet Resource: NBER Working Paper No. 18749: Accessed March 5, 2013 at: http://www.nber.org/papers/w18749 Year: 2013 Country: United States URL: http://www.nber.org/papers/w18749 Shelf Number: 127830 Keywords: Colleges and Universities (U.S.)Drug Abuse and CrimeDrug OffendersFinancial Assistance |