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Money Changes Everything: The Relationship Between Financial Factors And Persistence For Financially Independent Undergraduate Students At A Kentucky Four-Year Public Institution, Ladonna Hunton
Dissertations
Research on factors related to persistence suggest that re-enrollment decisions are based upon an evaluation of the returns on investment in education. If students perceive that the costs of a college education outweigh the benefits, they will discontinue their involvement by choosing not to re-enroll. As a result, students’ choices to maintain their enrollment in postsecondary education can be an effective indicator of affordability. This study examined the degree to which financially independent undergraduate students’ persistence decisions are related to financial factors, including unmet need, total financial aid received, and type of financial aid received. The data examined in this …