How Has the Post-9/11 GI Bill Affected Veteran Students' College Loans? A Longitudinal Analysis of NPSAS Using Propensity Score Weighting.
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| Title: | How Has the Post-9/11 GI Bill Affected Veteran Students' College Loans? A Longitudinal Analysis of NPSAS Using Propensity Score Weighting. |
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| Authors: | Zhang, Liang (AUTHOR) |
| Source: | Journal of Higher Education. 2024, Vol. 95 Issue 1, p1-29. 29p. |
| Subjects: | Loans, Student financial aid, Nonprofit organizations, Veterans' benefits, Student loans |
| Abstract: | Using data from four waves of the National Postsecondary Student Aid Study (NPSAS) in 2004, 2008, 2012, and 2016, this study examines the effect of the PGIB on veterans' student loans. Results indicate that the PGIB has significantly affected veteran students' borrowing behavior, with an average $1,100 reduction in Stafford Loans. Veteran students attending for-profit institutions experience a larger loan decrease than their peers at public and private nonprofit institutions. In addition, loan reductions have occurred mainly at the extensive margin. The decrease in student loans is relatively small compared to the increase in veterans' education benefits under the PGIB, partly due to a rise in the cost of attendance after the implementation of the PGIB, driven by a higher proportion of veteran students attending for-profit institutions. Finally, loan reductions vary across veteran students. [ABSTRACT FROM AUTHOR] |
| Copyright of Journal of Higher Education is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Psychology and Behavioral Sciences Collection |
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| Header | DbId: pbh DbLabel: Psychology and Behavioral Sciences Collection An: 174710445 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: How Has the Post-9/11 GI Bill Affected Veteran Students' College Loans? A Longitudinal Analysis of NPSAS Using Propensity Score Weighting. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Zhang%2C+Liang%22">Zhang, Liang</searchLink> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Higher+Education%22">Journal of Higher Education</searchLink>. 2024, Vol. 95 Issue 1, p1-29. 29p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Loans%22">Loans</searchLink><br /><searchLink fieldCode="DE" term="%22Student+financial+aid%22">Student financial aid</searchLink><br /><searchLink fieldCode="DE" term="%22Nonprofit+organizations%22">Nonprofit organizations</searchLink><br /><searchLink fieldCode="DE" term="%22Veterans'+benefits%22">Veterans' benefits</searchLink><br /><searchLink fieldCode="DE" term="%22Student+loans%22">Student loans</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Using data from four waves of the National Postsecondary Student Aid Study (NPSAS) in 2004, 2008, 2012, and 2016, this study examines the effect of the PGIB on veterans' student loans. Results indicate that the PGIB has significantly affected veteran students' borrowing behavior, with an average $1,100 reduction in Stafford Loans. Veteran students attending for-profit institutions experience a larger loan decrease than their peers at public and private nonprofit institutions. In addition, loan reductions have occurred mainly at the extensive margin. The decrease in student loans is relatively small compared to the increase in veterans' education benefits under the PGIB, partly due to a rise in the cost of attendance after the implementation of the PGIB, driven by a higher proportion of veteran students attending for-profit institutions. Finally, loan reductions vary across veteran students. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Journal of Higher Education is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=pbh&AN=174710445 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1080/00221546.2023.2171215 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 29 StartPage: 1 Subjects: – SubjectFull: Loans Type: general – SubjectFull: Student financial aid Type: general – SubjectFull: Nonprofit organizations Type: general – SubjectFull: Veterans' benefits Type: general – SubjectFull: Student loans Type: general Titles: – TitleFull: How Has the Post-9/11 GI Bill Affected Veteran Students' College Loans? A Longitudinal Analysis of NPSAS Using Propensity Score Weighting. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Zhang, Liang IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 01 Text: 2024 Type: published Y: 2024 Identifiers: – Type: issn-print Value: 00221546 Numbering: – Type: volume Value: 95 – Type: issue Value: 1 Titles: – TitleFull: Journal of Higher Education Type: main |
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