@article{9b9b9894b214450c8f95c10b5a6fb9ea,
title = "The effects of state performance funding policies on student loan debt",
abstract = "Performance-based funding (PBF) policies are an increasingly common way for states to tie funding for public colleges and universities to student outcomes. Yet amid growing concerns about student debt, the potential exists for PBF to affect student debt and ability to repay loans in both intended and unintended ways. In this paper, we use the first comprehensive dataset of PBF policies to examine the effects of PBF on student debt. We found no effects of PBF on student debt in the two-year sector and some evidence of increased debt among university students from more affluent families.",
author = "Robert Kelchen and Justin Ortagus and Kelly Rosinger and Alex Cassell",
note = "Funding Information: Our research design is preregistered through the Open Science Framework at https://osf.io/5ehdg. We are grateful to Arnold Ventures, the Joyce Foundation, and the William T. Grant Foundation for their financial support of this research. We are grateful for excellent research assistance from Lynneah Brown, Karly Caples, Junghee Choi, Garam Chu, Sam Riggs, Yahya Shamekhi, and Nicholas Voorhees. We appreciate the feedback and suggestions during data collection from our advisory board members: Alisa Hicklin Fryar, Tiffany Jones, and David Tandberg. Publisher Copyright: {\textcopyright} 2022 Elsevier Ltd",
year = "2022",
month = dec,
doi = "10.1016/j.econedurev.2022.102328",
language = "English (US)",
volume = "91",
journal = "Economics of Education Review",
issn = "0272-7757",
publisher = "Elsevier Limited",
}