Abbott, Brant; Gallipoli, Giovanni; Meghir, Costas; … - Cowles Foundation for Research in Economics, Yale University - 2013
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote … limits would have no salient effects. The short-run partial equilibrium effects of expanding tuition grants (especially their … need-based component) are sizeable. However, long-run general equilibrium effects are 3-4 times smaller. Every additional …
