Losing HOPE: Financial aid and the line between college and work
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The literature to date has shown that merit programs can lead to increases in college enrollment and performance.
“increases in college enrollment and performance (Bruce & Carruthers, 2014;Carruthers & Özek, 2016;);”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Carruthers & Özek, 2016
Losing HOPE scholarship leads to slightly higher near-term earnings; losing federal aid due to SAP leads to reductions in quarterly earnings over six years.
“Carruthers & Özek (2016) find that those who lose HOPE earn slightly more in the near term, while Scott-Clayton and Schudde (2020) find reductions in quarterly earnings over six years.”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Carruthers & Özek (2016)
When students lose access to financial aid because of performance requirements, they complete fewer credits and appear to leave college more quickly.
“Quasi-experimental studies of academic performance requirements in Tennessee's HOPE scholarship (Carruthers & Özek, 2016) as well as of Satisfactory Academic Progress (SAP) rules for federal aid recipients (Schudde & Scott-Clayton, 2016;Scott-Clayton & Schudde, 2020) find that when students lose access to financial aid because of performance requirements, they complete fewer credits and appear to”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Carruthers & Özek, 2016
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- Authors
- Carruthers, C. K., & Özek, U.
- Affiliations
- University of Tennessee at Knoxville (US)
- American Institutes for Research (US)
- Corresponding author
- Carruthers, Celeste K.
- Venue
- Economics of Education Review
- Publisher
- Elsevier BV
- Published
- 2016-08
- Volume
- 53
- Pages
- 1-15
- ISSN
- 0272-7757 (ISSN-L)
- OpenAlex
- W2397027846
- Cited by
- 79
- References
- 46
- Citations by year
- 2026: 3 · 2025: 6 · 2024: 4 · 2023: 2 · 2022: 9 · 2021: 11 · 2020: 5 · 2019: 9 · 2018: 10 · 2017: 4 · 2016: 7 · 2015: 4 · 2014: 4 · 2013: 1
- FWCI
- 44.39
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Economics of Education Review (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Education › Higher Education Research Studies
- Social Sciences › Education › School Choice and Performance
- Social Sciences › Sociology and Political Science › Intergenerational and Educational Inequality Studies
- Keywords
- financial aid, HOPE Scholarship, university dropout, student income, graduation, college enrollment
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