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• W3124362211 startingPage "251" @default.
• W3124362211 abstract "We analyze a Massachusetts merit aid program that gives high-scoring students tuition waivers at in-state public colleges with lower graduation rates than available alternative colleges. A regression discontinuity design comparing students just above and below the eligibility threshold finds that students are remarkably willing to forgo college quality and that scholarship use actually lowered college completion rates. These results suggest that college quality affects college completion rates. The theoretical prediction that in-kind subsidies of public institutions can reduce consumption of the subsidized good is shown to be empirically important. (JEL H75, I22, I23, I28)" @default.
• W3124362211 created "2021-02-01" @default.
• W3124362211 creator A5054179306 @default.
• W3124362211 creator A5063938178 @default.
• W3124362211 date "2014-10-01" @default.
• W3124362211 modified "2023-10-11" @default.
• W3124362211 title "Merit Aid, College Quality, and College Completion: Massachusetts' Adams Scholarship as an In-Kind Subsidy" @default.
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• W3124362211 doi "https://doi.org/10.1257/app.6.4.251" @default.
• W3124362211 hasPublicationYear "2014" @default.
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