Back to School: Federal Student Aid Policy and Adult College Enrollment Spring 2002 By Sarah TurnerNeil S. Seftor Back to School: Federal Student Aid Policy and Adult College Enrollment Back to School: Federal Student Aid Policy and Adult College Enrollment Much of the research examining the question of how federal financial aid affects decisions to enroll in college has focused on the behavior of students in the relatively narrow range immediately following high school graduation, leaving unanswered the question of how changes in the availability of aid affect the behavior of older students. This analysis examines the question of how changes in the means-tested federal Pell grant program affects enrollment decisions of potential students in their twenties and thirties. Our results indicate sizable effects of the introduction of the Pell grant program on college enrollment decisions for older students. The Journal of Human Resources Sarah Turner Read full bio Neil S. Seftor Related Content Sarah Turner The Right Way to Capture College “Opportunity”: Popular Measures Can Paint the Wrong Picture of Low-Income Student Enrollment Research Higher education may be one of the most important channels through which people can attain improved life outcomes based on their merit rather than family background. If qualified students from lower-income families are underrepresented in higher education, there is potentially a failure not just in equity but in economic efficiency as well. Pensions and K-12 Teacher Retirement: An Analysis Using National Teacher Data Research The retirement security landscape has changed drastically for most workers over the last thirty years – except for public school teachers and other state and local government employees. Many private-sector employers have stopped offering traditional retirement plans, while most state and local employees remain covered by defined benefit (DB) pension plans.