Money for nothing: Estimating the impact of student aid on participation in higher education
Money for nothing: Estimating the impact of student aid on participation in higher education
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DOI：
10.1016/j.econedurev.2014.09.005
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发表时间：
2014-12-01
影响因子：
2.2
通讯作者：
Wyness, Gill
中科院分区：
文献类型：
--
作者：
Dearden, Lorraine;Fitzsimons, Emla;Wyness, Gill
了解高等教育财政政策如何影响高等教育决策，对于理解政府如何促进人力资本积累具有重要意义。然而，关于学生资助在鼓励美国以外地区的高等教育参与方面的有效性，严重缺乏证据，而在英国则根本没有证据。本文利用了2004年在英国进行的一项改革，当时为来自低收入家庭的学生引入了生活费补助，自1999年以来一直被废除。这项改革与其他任何政策变化都是独立进行的，并且没有影响到来自相对富裕家庭的学生，使他们成为潜在的对照组。我们使用差异中的差异框架来评估改革对高等教育本科生参与的影响。我们发现赡养补助金的积极影响，每增加1000笔补助金，参与率就会提高3.95个百分点。(C) 2014年作者。Elsevier Ltd.出版。
Understanding how higher education (HE) finance policy can affect HE decisions is important for understanding how governments can promote human capital accumulation. Yet there is a severe lack of evidence on the effectiveness of student aid in encouraging HE participation outside of the US, and none at all for the UK. This paper exploits a reform that took place in the UK in 2004, when maintenance grants were introduced for students from low income families, having been abolished since 1999. This reform occurred in isolation of any other policy changes, and did not affect students from relatively better off families, making them a potential control group. We use a difference-in-difference framework to estimate the effect of the reform on HE undergraduate participation. We find a positive impact of maintenance grants, with a 1000 increase in grants leading to a 3.95 percentage point increase in participation. (C) 2014 The Authors. Published by Elsevier Ltd.