A Poison Pell for Public Colleges? Pell Grants and Funding for Public Colleges in the U. S.

Stone, Joe A. (2016): A Poison Pell for Public Colleges? Pell Grants and Funding for Public Colleges in the U. S.

Abstract

This study links federal Pell grants to college students in the United States to the decades-long decline in state-local funding for public colleges. The effect is at least as significant as other explanations based on taxes, Medicaid, or K-12 funding. Estimates are obtained from multiple identification strategies, including a crossover, repeated-measures (RM) design—a powerful design particularly well suited to the Pell program. The results offer a compelling example of how federal funding can induce an unintended cascade of effects even when it is given to individuals, not as traditional inter-governmental grants.

• Item Type: MPRA Paper
• Language: English
• Keywords: college, tuition, education, Pell, Medicaid, taxes
• Subjects: H - Public Economics > H0 - General; I - Health, Education, and Welfare > I2 - Education and Research Institutions; J - Labor and Demographic Economics > J0 - General

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