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Full-Text Articles in Education
Learning From A Decade Of College Promise Scholarships, Michelle Miller-Adams, Brad J. Hershbein
Learning From A Decade Of College Promise Scholarships, Michelle Miller-Adams, Brad J. Hershbein
Brad J. Hershbein
The Upjohn Institute hosted a webinar Oct. 26, 2017 to hear from leaders in the place-based, or "promise" college scholarship movement. Funders of promise programs and local and state officials, including Michigan Gov. Rick Snyder, spoke on how such programs have benefited their communities and addressed future challenges.
The Merits Of Universal Scholarships: Benefit-Cost Evidence From The Kalamazoo Promise, Timothy J. Bartik, Brad J. Hershbein, Marta Lachowska
The Merits Of Universal Scholarships: Benefit-Cost Evidence From The Kalamazoo Promise, Timothy J. Bartik, Brad J. Hershbein, Marta Lachowska
Brad J. Hershbein
As higher education costs rise, many communities have begun to adopt their own financial aid strategy: place-based scholarships for students graduating from the local school district. In this paper, we examine the benefits and costs of the Kalamazoo Promise, one of the more universal and more generous place-based scholarships. Building upon estimates of the program's heterogeneous effects on degree attainment, scholarship cost data, and projections of future earnings by education, we examine the Promise’s benefit-cost ratios for students differentiated by income, race, and gender. Although the average rate of return of the program is 11 percent, rates of return vary …
The Distribution Of College Graduate Debt, 1990 To 2008: A Decomposition Approach, Brad J. Hershbein, Kevin Hollenbeck
The Distribution Of College Graduate Debt, 1990 To 2008: A Decomposition Approach, Brad J. Hershbein, Kevin Hollenbeck
Brad J. Hershbein
Despite tremendous recent interest in the subject of student debt by both researchers and policy makers, little is known about how the distribution of college graduate debt has been evolving and what factors can explain it. We use National Postsecondary Student Aid Study data from 1990 through 2008 to document the evolution of college graduate debt profiles. We find that growth in debt over the 1990s was rapid and occurred throughout the distribution; during the 2000s, in contrast, debt grew appreciably only for the top quartile. Employing several decomposition techniques, we exploit the richness of the data to explain these …
College Costs: Students Can't Afford Not To Know, Brad J. Hershbein, Kevin Hollenbeck
College Costs: Students Can't Afford Not To Know, Brad J. Hershbein, Kevin Hollenbeck
Brad J. Hershbein
No abstract provided.
Student Loans: A Multidimensional Public Policy Issue, Brad Hershbein, Kevin Hollenbeck
Student Loans: A Multidimensional Public Policy Issue, Brad Hershbein, Kevin Hollenbeck
Brad J. Hershbein
No abstract provided.