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Title: Federal Financial Aid, Educational Attainment, and Family Formation: Re-Examining the Social Security Student Benefit Program
Resulting in 1 citation.
1. Groves, Lincoln
Lopoo, Leonard M.
Federal Financial Aid, Educational Attainment, and Family Formation: Re-Examining the Social Security Student Benefit Program
Presented: Miami FL, Association for Public Policy Analysis and Management (APPAM) Annual Fall Research Conference, November 12-14, 2015
Cohort(s): NLSY79
Publisher: Association for Public Policy Analysis and Management (APPAM)
Keyword(s): Educational Attainment; Family Formation; Financial Assistance; Panel Study of Income Dynamics (PSID); Program Participation/Evaluation

Permission to reprint the abstract has not been received from the publisher.

Using the NLSY79 and a difference-in-differences model, our preliminary results show that the SSSB [Social Security Student Benefit] program had no overall effect on the educational attainment of recipients. However, these initial results do not consider the distributional effects of the program. Additional analyses show that the elimination of the program for individuals aged 18 to 22 created large reductions in the likelihood of Associate's degree receipt. In contrast, the benefits had small and statistically insignificant effects on earning a Bachelor's degree. We test the robustness of our result using similar cohorts from the PSID, and our results are consistent with those found in the NLSY79.
Bibliography Citation
Groves, Lincoln and Leonard M. Lopoo. "Federal Financial Aid, Educational Attainment, and Family Formation: Re-Examining the Social Security Student Benefit Program." Presented: Miami FL, Association for Public Policy Analysis and Management (APPAM) Annual Fall Research Conference, November 12-14, 2015.