Do State Scholarships Affect College Tuition? Evidence from Georgia's HOPE Scholarship
Faculty Mentor(s) Name(s)
Dr. Brooke Conaway
Abstract
The presence of increasing returns to postsecondary education (Webber, 2022) and rising costs (NCES, 2022) have led to a proliferation of student aid policy in the United States. This includes not only a considerable expansion of federal loans and subsidies but also a widespread adoption of state-level scholarship programs. While rising prices certainly fuel public demand for scholarships, the inverse is lesser known: Does the expansion of scholarship programs drive prices up? Georgia’s HOPE Scholarship program, which has surpassed $13 billion in awards, provides me with a unique natural experiment to test the existence of such an effect.
Start Date
27-3-2024 2:30 PM
End Date
27-3-2024 2:38 PM
Location
Atkinson 107
Do State Scholarships Affect College Tuition? Evidence from Georgia's HOPE Scholarship
Atkinson 107
The presence of increasing returns to postsecondary education (Webber, 2022) and rising costs (NCES, 2022) have led to a proliferation of student aid policy in the United States. This includes not only a considerable expansion of federal loans and subsidies but also a widespread adoption of state-level scholarship programs. While rising prices certainly fuel public demand for scholarships, the inverse is lesser known: Does the expansion of scholarship programs drive prices up? Georgia’s HOPE Scholarship program, which has surpassed $13 billion in awards, provides me with a unique natural experiment to test the existence of such an effect.