Chakrabarti, Rajashri; Gorton, Nicole; Lovenheim, Michael F. - 2020 - Revised September 2020
recent decades, appropriations for higher education have declined substantially. Despite concerns expressed by policymakers … and scholars that the declines in state support have reduced the return to education investment for public sector students …. Our results underscore the importance of state support for higher education in driving student debt outcomes and the long …