| For high-income students tuition was a positive influence on persistence in 1996 but not significant in 2000. Grants and work-study were positive in 1996 while only grants and loans were significant and positive in 2000.The results were analyzed in terms of shifting federal financial aid policies and proposed legislation for the reenactment of the Higher Education Act of 1965. It was suggested that Pell Grants be increased, income-contingent loan programs be expanded, federal work-study revised, and the federal role retargeted to provide greater opportunity and access for low-income and disadvantaged students. |
