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On Money and Motivation: A Quasi-Experimental Analysis of Financial Incentives for College Achievement

Citations

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Cited by:

  1. Eric Bettinger & Oded Gurantz & Laura Kawano & Bruce Sacerdote, 2016. "The Long Run Impacts of Merit Aid: Evidence from California’s Cal Grant," NBER Working Papers 22347, National Bureau of Economic Research, Inc.
  2. Lisa Barrow & Cecilia Elena Rouse, 2018. "Financial Incentives and Educational Investment: The Impact of Performance-based Scholarships on Student Time Use," Education Finance and Policy, MIT Press, vol. 13(4), pages 419-448, Fall.
  3. Richard Murphy & Gill Wyness, 2023. "Testing Means-Tested Aid," Journal of Labor Economics, University of Chicago Press, vol. 41(3), pages 687-727.
  4. Damon Clark & David Gill & Victoria Prowse & Mark Rush, 2020. "Using Goals to Motivate College Students: Theory and Evidence From Field Experiments," The Review of Economics and Statistics, MIT Press, vol. 102(4), pages 648-663, October.
  5. Rajashri Chakrabarti & Nicole Gorton & Joydeep Roy, 2018. "Getting ahead by spending more? Local community response to state merit aid programs," Staff Reports 872, Federal Reserve Bank of New York.
  6. Elena Mattana & Juanna Joensen, 2016. "Student Aid, Academic Achievement, and Labor Market Behavior," 2016 Meeting Papers 1102, Society for Economic Dynamics.
  7. Lindsay C. Page & Jennifer E. Iriti & Danielle J. Lowry & Aaron M. Anthony, 2019. "The Promise of Place-Based Investment in Postsecondary Access and Success: Investigating the Impact of the Pittsburgh Promise," Education Finance and Policy, MIT Press, vol. 14(4), pages 572-600, Fall.
  8. Islam,Asad & Kwon,Sungoh & Masood,Eema & Prakash,Nishith & Sabarwal,Shwetlena & Saraswat,Deepak, 2020. "When Goal-Setting Forges Ahead but Stops Short," Policy Research Working Paper Series 9406, The World Bank.
  9. José Montalbán, 2019. "Countering moral hazard in higher education: The role of performance incentives in need-based grants," Working Papers halshs-02160365, HAL.
  10. Mumford, Kevin J. & Patterson, Richard & Yim, Anthony, 2024. "College Course Shutouts," IZA Discussion Papers 16859, Institute of Labor Economics (IZA).
  11. Joshua Angrist & Philip Oreopoulos & Tyler Williams, 2014. "When Opportunity Knocks, Who Answers?: New Evidence on College Achievement Awards," Journal of Human Resources, University of Wisconsin Press, vol. 49(3), pages 572-610.
  12. David L. Sjoquist & John V. Winters, 2015. "State Merit Aid Programs and College Major: A Focus on STEM," Journal of Labor Economics, University of Chicago Press, vol. 33(4), pages 973-1006.
  13. Jeffrey T. Denning & Todd R. Jones, 2021. "Maxed Out?: The Effect of Larger Student Loan Limits on Borrowing and Education Outcomes," Journal of Human Resources, University of Wisconsin Press, vol. 56(4), pages 1113-1140.
  14. John Bound & Michael F. Lovenheim & Sarah Turner, 2012. "Increasing Time to Baccalaureate Degree in the United States," Education Finance and Policy, MIT Press, vol. 7(4), pages 375-424, September.
  15. Dinarte Diaz,Lelys Ileana & Ferreyra,Maria Marta & Urzua,Sergio & Bassi,Marina, 2021. "What Makes a Program Good ? Evidence from Short-Cycle Higher Education Programs in LatinAmerica and the Caribbean," Policy Research Working Paper Series 9722, The World Bank.
  16. Duchini, Emma, 2017. "Is college remedial education a worthy investment? New evidence from a sharp regression discontinuity design," Economics of Education Review, Elsevier, vol. 60(C), pages 36-53.
  17. David E. Frisvold & Melinda Pitts, 2018. "State Merit Aid Programs and Youth Labor Market Attachment," NBER Working Papers 24662, National Bureau of Economic Research, Inc.
  18. Zachary Mabel, 2020. "Aiding or Dissuading? The Effects of Reducing Lifetime Eligibility Limits for Need-Based Aid on Bachelor’s Degree Attainment and Time to Completion," Research in Higher Education, Springer;Association for Institutional Research, vol. 61(8), pages 966-1001, December.
  19. Denny, Kevin & Doyle, Orla & McMullin, Patricia & O'Sullivan, Vincent, 2014. "Money, mentoring and making friends: The impact of a multidimensional access program on student performance," Economics of Education Review, Elsevier, vol. 40(C), pages 167-182.
  20. Laajaj, Rachid & Moya, Andrés & Sánchez, Fabio, 2022. "Equality of opportunity and human capital accumulation: Motivational effect of a nationwide scholarship in Colombia," Journal of Development Economics, Elsevier, vol. 154(C).
  21. Scott-Clayton, Judith & Zafar, Basit, 2019. "Financial aid, debt management, and socioeconomic outcomes: Post-college effects of merit-based aid," Journal of Public Economics, Elsevier, vol. 170(C), pages 68-82.
  22. Herranz-Zarzoso, Noemí & Sabater-Grande, Gerardo, 2018. "Monetary incentives and self-chosen goals in academic performance: An experimental study," International Review of Economics Education, Elsevier, vol. 27(C), pages 34-44.
  23. Di Xu & Sabrina Solanki & Ashley Harlow, 2020. "Examining the Relationship Between 2-year College Entry and Baccalaureate Aspirants’ Academic and Labor Market Outcomes: Impacts, Heterogeneity, and Mechanisms," Research in Higher Education, Springer;Association for Institutional Research, vol. 61(3), pages 297-329, May.
  24. Valerie Bostwick & Stefanie Fischer & Matthew Lang, 2022. "Semesters or Quarters? The Effect of the Academic Calendar on Postsecondary Student Outcomes," American Economic Journal: Economic Policy, American Economic Association, vol. 14(1), pages 40-80, February.
  25. Elena Mattana & Juanna Joensen, 2014. "Student Aid, Academic Achievement, and Labor Market Behavior: Grants or Loans?," 2014 Meeting Papers 707, Society for Economic Dynamics.
  26. Francesca Modena & Giulia Martina Tanzi & Enrico Rettore, 2018. "The effect of grants on university drop-out rates: evidence on the Italian case," Temi di discussione (Economic working papers) 1193, Bank of Italy, Economic Research and International Relations Area.
  27. Roy Y. Chan, 2022. "Do Credit Momentum Policies Through the 15 to Finish Improve Academic Progression and Completion of Low-Income, First-Generation Students? Evidence from a College Promise Program," Research in Higher Education, Springer;Association for Institutional Research, vol. 63(8), pages 1394-1426, December.
  28. Dennis A. Kramer & Justin C. Ortagus & T. Austin Lacy, 2018. "Tuition-Setting Authority and Broad-Based Merit Aid: The Effect of Policy Intersection on Pricing Strategies," Research in Higher Education, Springer;Association for Institutional Research, vol. 59(4), pages 489-518, June.
  29. Fitzpatrick, Maria D. & Jones, Damon, 2016. "Post-baccalaureate migration and merit-based scholarships," Economics of Education Review, Elsevier, vol. 54(C), pages 155-172.
  30. Scott Carrell & Bruce Sacerdote, 2017. "Why Do College-Going Interventions Work?," American Economic Journal: Applied Economics, American Economic Association, vol. 9(3), pages 124-151, July.
  31. Beneito, P. & Boscá, J.E. & Ferri, J., 2018. "Tuition fees and student effort at university," Economics of Education Review, Elsevier, vol. 64(C), pages 114-128.
  32. Nicholas W. Hillman & Erica Lee Orians, 2013. "Financial Aid's Role in Meeting State College Completion Goals," Education Finance and Policy, MIT Press, vol. 8(3), pages 349-363, July.
  33. Rodriguez, Viviana, 2023. "Student effort response to shifts in university admission policies," Economics of Education Review, Elsevier, vol. 93(C).
  34. Gerard, Francois & Rokkanen, Miikka & Rothe, Christoph, 2015. "Identification and Inference in Regression Discontinuity Designs with a Manipulated Running Variable," IZA Discussion Papers 9604, Institute of Labor Economics (IZA).
  35. Benjamin M. Marx & Lesley J. Turner, 2015. "Borrowing Trouble? Student Loans, the Cost of Borrowing, and Implications for the Effectiveness of Need-Based Grant Aid," NBER Working Papers 20850, National Bureau of Economic Research, Inc.
  36. Marina Bassi & Lelys Dinarte-Diaz & Maria Marta Ferreyra & Sergio Urzua, 2023. "What Makes a Program Good? Evidence from Short-Cycle Higher Education Programs in Five Developing Countries," CESifo Working Paper Series 10255, CESifo.
  37. Charles T. Clotfelter & Steven W. Hemelt & Helen F. Ladd, 2018. "Multifaceted Aid For Low‐Income Students And College Outcomes: Evidence From North Carolina," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 278-303, January.
  38. Penney, Jeffrey & Lehrer, Steven F. & Bernal, Gloria L. & Reyes, Luis Carlos, 2023. "Do opportunities for low-income students at top colleges promote academic success? Evidence from Colombia's Ser Pilo Paga program," CLEF Working Paper Series 64, Canadian Labour Economics Forum (CLEF), University of Waterloo.
  39. Welch, Jilleah G., 2014. "HOPE for community college students: The impact of merit aid on persistence, graduation, and earnings," Economics of Education Review, Elsevier, vol. 43(C), pages 1-20.
  40. François Gerard & Miikka Rokkanen & Christoph Rothe, 2020. "Bounds on treatment effects in regression discontinuity designs with a manipulated running variable," Quantitative Economics, Econometric Society, vol. 11(3), pages 839-870, July.
  41. Aguirre, Josefa, 2021. "Long-term effects of grants and loans for vocational education," Journal of Public Economics, Elsevier, vol. 204(C).
  42. Yuanyuan Chen & Zichen Deng, 2019. "Liquidity Constraint Shock, Job Search and Post Match Quality—Evidence from Rural-to-Urban Migrants in China," Journal of Labor Research, Springer, vol. 40(3), pages 332-355, September.
  43. Jeffrey T. Denning & Eric R. Eide & Kevin J. Mumford & Richard W. Patterson & Merrill Warnick, 2022. "Why Have College Completion Rates Increased?," American Economic Journal: Applied Economics, American Economic Association, vol. 14(3), pages 1-29, July.
  44. Todd R. Jones & Daniel Kreisman & Ross Rubenstein & Cynthia Searcy & Rachana Bhatt, 2022. "The Effects of Financial Aid Loss on Persistence and Graduation: A Multi-Dimensional Regression Discontinuity Approach," Education Finance and Policy, MIT Press, vol. 17(2), pages 206-231, Spring.
  45. Jeffrey T. Denning & Benjamin M. Marx & Lesley J. Turner, 2019. "ProPelled: The Effects of Grants on Graduation, Earnings, and Welfare," American Economic Journal: Applied Economics, American Economic Association, vol. 11(3), pages 193-224, July.
  46. Lindsay C. Page & Judith Scott-Clayton, 2015. "Improving College Access in the United States: Barriers and Policy Responses," NBER Working Papers 21781, National Bureau of Economic Research, Inc.
  47. Hämäläinen, Ulla & Koerselman, Kristian & Uusitalo, Roope, 2017. "Graduation Incentives Through Conditional Student Loan Forgiveness," IZA Discussion Papers 11142, Institute of Labor Economics (IZA).
  48. Lisa Barrow & Cecilia Elena Rouse & Amanda McFarland, 2020. "Who Has the Time? Community College Students’ Time-Use Response to Financial Incentives," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 48(1), pages 35-52, March.
  49. Conger, Dylan & Turner, Lesley J., 2017. "The effect of price shocks on undocumented students' college attainment and completion," Journal of Public Economics, Elsevier, vol. 148(C), pages 92-114.
  50. Carruthers, Celeste K. & Fox, William F., 2016. "Aid for all: College coaching, financial aid, and post-secondary persistence in Tennessee," Economics of Education Review, Elsevier, vol. 51(C), pages 97-112.
  51. Bernal, Gloria L. & Penney, Jeffrey, 2019. "Scholarships and student effort: Evidence from Colombia’s Ser Pilo Paga program," Economics of Education Review, Elsevier, vol. 72(C), pages 121-130.
  52. Benjamin L. Castleman & Bridget Terry Long, 2016. "Looking beyond Enrollment: The Causal Effect of Need-Based Grants on College Access, Persistence, and Graduation," Journal of Labor Economics, University of Chicago Press, vol. 34(4), pages 1023-1073.
  53. Patterson, Richard W. & Patterson, Robert M., 2017. "Computers and productivity: Evidence from laptop use in the college classroom," Economics of Education Review, Elsevier, vol. 57(C), pages 66-79.
  54. Deven E. Carlson & Alex Schmidt & Sarah Souders & Barbara L. Wolfe, 2020. "The Effects of Need-Based Financial Aid on Employment and Earnings: Experimental Evidence from the Fund for Wisconsin Scholars," NBER Working Papers 27125, National Bureau of Economic Research, Inc.
  55. Bifulco, Robert & Fletcher, Jason M. & Oh, Sun Jung & Ross, Stephen L., 2014. "Do high school peers have persistent effects on college attainment and other life outcomes?," Labour Economics, Elsevier, vol. 29(C), pages 83-90.
  56. Gerard, François & Rothe, Christoph & Rokkanen, Miikka, 2016. "Bounds on Treatment Effects in Regression Discontinuity Designs under Manipulation of the Running Variable, with an Application," CEPR Discussion Papers 11668, C.E.P.R. Discussion Papers.
  57. Melguizo, Tatiana & Sanchez, Fabio & Velasco, Tatiana, 2016. "Credit for Low-Income Students and Access to and Academic Performance in Higher Education in Colombia: A Regression Discontinuity Approach," World Development, Elsevier, vol. 80(C), pages 61-77.
  58. Minaya, Veronica & Agasisti, Tommaso & Bratti, Massimiliano, 2022. "When need meets merit: The effect of increasing merit requirements in need-based student aid," European Economic Review, Elsevier, vol. 146(C).
  59. Robert Bifulco & Jason M. Fletcher & Sun Jung Oh & Stephen L. Ross, 2012. "Do Classmate Effects Fade Out?," Working papers 2012-43, University of Connecticut, Department of Economics.
  60. Maria D. Fitzpatrick & Damon Jones, 2012. "Higher Education, Merit-Based Scholarships and Post-Baccalaureate Migration," NBER Working Papers 18530, National Bureau of Economic Research, Inc.
  61. Matsuda, Kazushige & Mazur, Karol, 2022. "College education and income contingent loans in equilibrium," Journal of Monetary Economics, Elsevier, vol. 132(C), pages 100-117.
  62. Otávio Bartalotti & Quentin Brummet, 2015. "Estimation and Inference in Regression Discontinuity Designs with Clustered Sampling," CARRA Working Papers 2015-06, Center for Economic Studies, U.S. Census Bureau.
  63. Cappelen, Alexander W & Charness, Gary & Ekström, Mathias & Gneezy, Uri & Tungodden, Bertil, 2017. "Exercise Improves Academic Performance," Working Paper Series 1180, Research Institute of Industrial Economics.
  64. Christopher Erwin, 2019. "Low-performing student responses to state merit scholarships," Working Papers 2019-02, Auckland University of Technology, Department of Economics.
  65. Vivian Yuen Ting Liu, 2020. "Is School Out for the Summer? The Impact of Year-Round Pell Grants on Academic and Employment Outcomes of Community College Students," Education Finance and Policy, MIT Press, vol. 15(2), pages 241-269, Spring.
  66. Carruthers, Celeste K. & Özek, Umut, 2016. "Losing HOPE: Financial aid and the line between college and work," Economics of Education Review, Elsevier, vol. 53(C), pages 1-15.
  67. Firoozi, Daniel, 2022. "The impact of post-admission merit scholarships on enrollment decisions and degree attainment: Evidence from randomization," Economics of Education Review, Elsevier, vol. 86(C).
  68. Page, Lindsay C. & Scott-Clayton, Judith, 2016. "Improving college access in the United States: Barriers and policy responses," Economics of Education Review, Elsevier, vol. 51(C), pages 4-22.
  69. Azzolini, Davide & Martini, Alberto & Rettore, Enrico & Romano, Barbara & Schizzerotto, Antonio & Vergolini, Loris, 2018. "Testing a Social Innovation in Financial Aid for Low-Income Students: Experimental Evidence from Italy," IZA Discussion Papers 11625, Institute of Labor Economics (IZA).
  70. Solis, Alex, 2019. "Measuring the Effect of Student Loans on the College Dropout Rate," Working Paper Series 2019:8, Uppsala University, Department of Economics.
  71. Fricke, Hans & Lechner, Michael & Steinmayr, Andreas, 2018. "The effects of incentives to exercise on student performance in college," Economics of Education Review, Elsevier, vol. 66(C), pages 14-39.
  72. Phipps, Aaron & Amaya, Alexander, 2023. "Are students time constrained? Course load, GPA, and failing," Journal of Public Economics, Elsevier, vol. 225(C).
  73. Rajashri Chakrabarti & Joydeep Roy, 2013. "Merit Aid, Student Mobility, and the Role of College Selectivity," Staff Reports 641, Federal Reserve Bank of New York.
  74. Timothy J. Bartik & Brad J. Hershbein & Marta Lachowska, 2015. "The Effects of the Kalamazoo Promise Scholarship on College Enrollment, Persistence, and Completion," Upjohn Working Papers 15-228, W.E. Upjohn Institute for Employment Research.
  75. Angela Boatman & Bridget Terry Long, 2016. "Does Financial Aid Impact College Student Engagement?," Research in Higher Education, Springer;Association for Institutional Research, vol. 57(6), pages 653-681, September.
  76. Ferreyra,Maria Marta & Garriga,Carlos & Martin,Juan David & Sanchez Diaz,Angelica Maria, 2020. "Raising College Access and Completion : How Much Can Free College Help ?," Policy Research Working Paper Series 9428, The World Bank.
  77. Ghesla, Claus & Grieder, Manuel & Schmitz, Jan & Stadelmann, Marcel, 2020. "Pro-environmental incentives and loss aversion: A field experiment on electricity saving behavior," Energy Policy, Elsevier, vol. 137(C).
  78. David L. Sjoquist & John V. Winters, 2015. "State Merit-Based Financial Aid Programs And College Attainment," Journal of Regional Science, Wiley Blackwell, vol. 55(3), pages 364-390, June.
  79. Wright, Nicholas A., 2021. "Need-based financing policies, college decision-making, and labor market behavior: Evidence from Jamaica," Journal of Development Economics, Elsevier, vol. 150(C).
  80. Lisa Barrow & Lashawn Richburg-Hayes & Cecilia Elena Rouse & Thomas Brock, 2014. "Paying for Performance: The Education Impacts of a Community College Scholarship Program for Low-Income Adults," Journal of Labor Economics, University of Chicago Press, vol. 32(3), pages 563-599.
  81. Susanna Sten-Gahmberg, 2020. "Student Heterogeneity and Financial Incentives in Graduate Education: Evidence from a Student Aid Reform," Education Finance and Policy, MIT Press, vol. 15(3), pages 543-580, Summer.
  82. Iryna Johnson, 2022. "Merit Aid and Retention: Mediation and Moderation," Research in Higher Education, Springer;Association for Institutional Research, vol. 63(4), pages 713-739, June.
  83. Bulman, George, 2017. "Weighting recent performance to improve college and labor market outcomes," Journal of Public Economics, Elsevier, vol. 146(C), pages 97-108.
  84. Iriti, Jennifer & Page, Lindsay C. & Bickel, William E., 2018. "Place-based scholarships: Catalysts for systems reform to improve postsecondary attainment," International Journal of Educational Development, Elsevier, vol. 58(C), pages 137-148.
  85. Jeffrey T. Denning, 2019. "Born under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints," Journal of Human Resources, University of Wisconsin Press, vol. 54(3), pages 760-784.
  86. Gregory B. Upton, 2016. "The Effects of Merit-Based Scholarships on Educational Outcomes," Journal of Labor Research, Springer, vol. 37(2), pages 235-261, June.
  87. Lovenheim, Michael F. & Owens, Emily G., 2014. "Does federal financial aid affect college enrollment? Evidence from drug offenders and the Higher Education Act of 1998," Journal of Urban Economics, Elsevier, vol. 81(C), pages 1-13.
  88. Judith Scott-Clayton & Lauren Schudde, 2016. "Performance Standards in Need-Based Student Aid," NBER Working Papers 22713, National Bureau of Economic Research, Inc.
  89. Adriana Camacho & Catherine Rodríguez & Fabio Sanchez, 2022. "Does financial aid for top international graduate programs boost education and earnings? Evidence from Colombia," Documentos CEDE 20124, Universidad de los Andes, Facultad de Economía, CEDE.
  90. Peter Arcidiacono & Michael Lovenheim, 2016. "Affirmative Action and the Quality-Fit Trade-Off," Journal of Economic Literature, American Economic Association, vol. 54(1), pages 3-51, March.
  91. Melissa Whatley, 2019. "Study Abroad Participation: An Unintended Consequence of State Merit-Aid Programs?," Research in Higher Education, Springer;Association for Institutional Research, vol. 60(7), pages 905-930, November.
  92. Braga, Breno & Malkova, Olga, 2020. "Hope for the Family: The Effects of College Costs on Maternal Labor Supply," IZA Discussion Papers 12958, Institute of Labor Economics (IZA).
  93. Daniele Bondonio & Fabio Berton, 2018. "The Impact of Degree Duration on Higher Education Participation: Evidence from a Large‐scale Natural Experiment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 80(5), pages 905-930, October.
  94. Nick Huntington-Klein & Andrew Gill, 2021. "Semester Course Load and Student Performance," Research in Higher Education, Springer;Association for Institutional Research, vol. 62(5), pages 623-650, August.
  95. Christopher Erwin & Melissa Binder, 2020. "Does Broad-Based Merit Aid Improve College Completion? Evidence from New Mexico's Lottery Scholarship," Education Finance and Policy, MIT Press, vol. 15(1), pages 164-190, Winter.
  96. Lauren Schudde & Judith Scott-Clayton, 2016. "Pell Grants as Performance-Based Scholarships? An Examination of Satisfactory Academic Progress Requirements in the Nation’s Largest Need-Based Aid Program," Research in Higher Education, Springer;Association for Institutional Research, vol. 57(8), pages 943-967, December.
  97. Paul Attewell & David Monaghan, 2016. "How Many Credits Should an Undergraduate Take?," Research in Higher Education, Springer;Association for Institutional Research, vol. 57(6), pages 682-713, September.
  98. Matsuda, Kazushige, 2020. "Optimal timing of college subsidies: Enrollment, graduation, and the skill premium," European Economic Review, Elsevier, vol. 129(C).
  99. Dylan Conger & Lesley J. Turner, 2015. "The Impact of Tuition Increases on Undocumented College Students' Attainment," NBER Working Papers 21135, National Bureau of Economic Research, Inc.
  100. Christopher Erwin & Melissa Binder & Cynthia Miller & Kate Krause, 2020. "Performance-based aid, enhanced advising, and the income gap in college graduation: Evidence from a randomized controlled trial," Working Papers 2020-06, Auckland University of Technology, Department of Economics.
  101. Veronica Rattini, 2022. "The Effects of Financial Aid on Graduation and Labor Market Outcomes: New Evidence from Matched Education-Labor Data," CESifo Working Paper Series 10010, CESifo.
  102. Bruce, Donald J. & Carruthers, Celeste K., 2014. "Jackpot? The impact of lottery scholarships on enrollment in Tennessee," Journal of Urban Economics, Elsevier, vol. 81(C), pages 30-44.
  103. Brandén, Gunnar, 2022. "Replacing student grants with loans. Evidence from a Swedish policy reform," Working Paper Series 2022:7, IFAU - Institute for Evaluation of Labour Market and Education Policy.
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