Title
College Choices: The Economics of Where to Go, When to Go, and How to Pay for It (National Bureau of Economic Research Conferenc,New
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Aspiring college students and their families have many options. A student can attend an instate or an outofstate school, a public or private college, a twoyear community college program or a fouryear university program. Students can attend fulltime and have a bachelor of arts degree by the age of twentythree or mix college and work, progressing toward a degree more slowly. To make matters more complicated, the array of financial aid available is more complex than ever. Students and their families must weigh federal grants, state merit scholarships, college tax credits, and college savings accounts, just to name a few.In College Choices, Caroline Hoxby and a distinguished group of economists show how students and their families really make college decisionshow they respond to financial aid options, how peer relationships figure in the decisionmaking process, and even whether they need mentoring to get through the admissions process. Students of all sorts are consideredfrom poor students, who may struggle with applications and whether to continue on to college, to high aptitude students who are offered 'free rides' at elite schools. College Choices utilizes the best methods and latest data to analyze the college decisionmaking process, while explaining how changes in aid and admissions practices inform those decisions as well.
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