State merit-based financial aid programs increase the likelihood that college graduates will remain in their home state.
With the effects of the financial crisis still being felt across the U.S., having a highly educated population is now more important than ever. Seeking to encourage students into higher education, many states have implemented merit programs which provide college scholarships to in-state students. David Sjoquist and John Winters examine the effectiveness of these programs, finding that strong merit aid […]
