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New paper w/ Jon Mills abt coll financial aid, incl #freecollege. edworkingpapers.com/index.php/ai21…. We build on past res espec @dynarski @jscottclayton @saragoldrickrab @rkelchen & others, but our study is fairly different & relevant to Biden #AmericanFamiliesPlan. #EconTwitter #highered
We studied The Degree Project (TDP) for 10 years (& counting) using a randomized trial. 1/2 of 9th graders in Milwaukee were promised $12,000 for college, enough to cover all tuition/fees at the local 2y college ("free" 2y). Same funds could also be used at 4y colleges
There were strings attached. Students had to meet multiple merit req during HS: Obtain 2.5 GPA, 90% class attendance, on-time HS grad, fill out FAFSA. Our study & results are unusual in at least 6 ways:
