Student Aid Reforms in Quebec: Is Changing the Clawback Rate Better than Changing the Base Grant?

2021 ◽  
pp. e2019073
Author(s):  
Pier-André Bouchard St-Amant ◽  
Hugo Morin

We examine two ways through which student financial aid can be reformed: a cut in the rate at which the aid is clawed back with earned income or an increase in the threshold at which this clawback applies. We present a theoretical and empirical analysis of these options. We show that both reduce incentives to work, although the clawback rate does so less. Cuts to clawbacks also deliver a bigger boost to financial aid for those most in need, although they may benefit students higher in the income distribution. We argue that governments might consider a policy that reduces clawback rates, but within a reasonable range of earned income.

2015 ◽  
Vol 26 (2) ◽  
pp. 197-210 ◽  
Author(s):  
Robert C. Lowry

Governments that want to subsidize goods or services can delegate responsibility for production to a public agency as part of its overall mission, subsidize production of specific outputs, or subsidize specific beneficiaries of excludable goods and services. For public postsecondary education, the corresponding funding mechanisms are operating appropriations that delegate authority to choose outputs and beneficiaries to public colleges and universities, grants and contracts, or student financial aid. Consistent with theories explaining delegation of policymaking authority, I find that the mix of funding mechanisms depends on institutions that affect planning capacity and oversight costs: States with more professional legislatures or statewide coordinating boards delegate less, that is, they spend more on grants and contracts and need-based student aid relative to appropriations. Relative use of grants and contracts decreases as the number of institutional governing boards increases, but use of need-based aid does not.


Author(s):  
Terry T. Ishitani ◽  
Stephen L. DesJardins

This study investigates the dropout behavior of college students in the United States. Previous attrition studies have typically focused on dropout at specific points in time, such as the first year of enrollment. In this study we examine the timing of dropout over a five-year period and find that factors that affect student dropout often have effects that change over time. For instance, the results demonstrate that students who receive financial aid generally have lower dropout rates than non-aided students. But of special interest is our findings that dropout rates vary depending on the amount and timing of student financial aid.


2018 ◽  
Vol 27 (1) ◽  
pp. 52-74
Author(s):  
Stefanie P. Herber ◽  
Michael Kalinowski

2020 ◽  
Vol 47 (8) ◽  
pp. 991-1001
Author(s):  
Irfan Ahmed ◽  
Ali Mohammad Medabesh

PurposeThis study quantifies empirically the induced impact of income distribution and consumption expenditure on the structures of agriculture production of Nigerian economy.Design/methodology/approachThe study calibrates an extended input-output model on a social accounting matrix (SAM) for Nigeria for the year 2010. Moreover, the study conducts a dispersion analysis to identify the key agriculture sectors/subsectors both in exogenous and endogenous setup.FindingsThis study presents an empirical analysis of propagation in the structure of production particularly in the structure of agriculture sector. It combines the aggregate and the disaggregated levels of analysis and identifies the key sectors/subsectors both in the exogenous and endogenous setup. The comparison of both findings confirms that the composition of income distribution and consumption expenditure significantly influences the composition and the aggregated and disaggregated order of structure of agriculture production.Originality/valueKnowledge of interindustry connections is vital in policy implications since the policy makers prefer strongly interconnected sectors to the sectors with poor industry linkages. These connections are estimated as forward and backward linkages, which provide indices to set the criteria for key sectors identification. This study presents an empirical analysis of propagation in the structure of production particularly in the structure of agriculture sector. It combines the aggregate and the disaggregated levels of analysis and identifies the key sectors/subsectors both in the exogenous and endogenous setup.


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