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Abstract

This paper uses the 1987 National Postsecondary Student Aid Study to examine the influence of prices on within-year persistence by traditional college-age students enrolled in four-year colleges. The findings include: 1) within-year persistence was influenced by the amount of tuition charged; 2) tuition charges were negatively associated with within-year persistence in both public and private colleges; and 3) grant aid was positively associated with persistence in private colleges and negatively associated with persistence in public colleges. The authors conclude that the negative association between grants and persistence by students in public colleges is an artifact, attributable to an insufficient amount of grants available to students in public colleges.

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