000			02799cam a22003497 4500
001			w18749
003			NBER
005			20211020110352.0
006			m o d
007			cr cnu||||||||
008			210910s2013 mau fo 000 0 eng d
100	1		_aLovenheim, Michael F.
245	1	0	_aDoes Federal Financial Aid Affect College Enrollment? Evidence from Drug Offenders and the Higher Education Act of 1998 / _cMichael F. Lovenheim, Emily G. Owens.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c2013.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w18749
500			_aFebruary 2013.
520	3		_aIn 2001, amendments to the Higher Education Act made people convicted of drug offenses ineligible for federal financial aid for up to two years after their conviction. Using rich data on educational outcomes and drug charges in the NLSY 1997, we show that this law change had a large negative impact on the college attendance of students with drug convictions. On average, the temporary ban on federal financial aid increased the amount of time between high school graduation and college enrollment by about two years, and we also present suggestive evidence that affected students were less likely to ever enroll in college. Students living in urban areas and those whose mothers did not attend college appear to be the most affected by these amendments. Importantly, we do not find that the law deterred young people from committing drug felonies nor did it substantively change the probability that high school students with drug convictions graduated from high school. We find no evidence of a change in college enrollment of students convicted of non-drug crimes, or of those charged by not convicted of drug offenses. In contrast to much of the existing research, we conclude that, for this high-risk group of students, eligibility for federal financial aid strongly impacts college investment decisions.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aH30 - General _2Journal of Economic Literature class.
690		7	_aI28 - Government Policy _2Journal of Economic Literature class.
690		7	_aK14 - Criminal Law _2Journal of Economic Literature class.
700	1		_aOwens, Emily G.
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w18749.
856	4	0	_uhttps://www.nber.org/papers/w18749
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w18749
942			_2ddc _cW-PAPER
999			_c329374 _d287936