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- C The High School Longitudinal Study of 2009 The High School Longitudinal Study of 2009 (HSLS:09) is a representative panel of ninth-grade students in the United States beginning in 2009 who attended high schools that had both ninth and eleventh grades (U.S. Department of Education, 2020a). The survey collection occured over several waves, with the most recent wave being the collection of post-secondary transcripts and student records for those enrolled in post-secondary education. We use the public version of the HSLS:09, where this information is reported up to and including the 2015-2016 academic year (Duprey et al., 2020).
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- D The 2019 Survey of Consumer Finances The Survey of Consumer Finances (SCF) is a triennial survey sponsored by the Federal Reserve Board and the U.S. Department of the Treasury. We use the 2019 wave of the SCF (Board of Governors of the Federal Reserve System, 2019). Table 37 contains SCF codebook variable codes corresponding to variables discussed in the text.
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- Table 29: Structure of the Public-Use HSLS:09 Wave Base Year 1st Follow-up 2013 Update HS Transcripts 2nd Follow-up PS Transcripts + SR Calendar Year(s) 2009 (Fall) 2012 (Spring) 2013 (Summer) 2013-2014 2016 2015-2016 Academic Year (if enrolled) 1st year HS (Fall) 3rd year HS (Spring) Graduated HS Graduated HS 3rd year PS (Spring) Summer after 3rd year PS Questionnaire Student X X Parent X X Student/Parent X Sample Member X Counselor [1] X X Aministrator [2] X X Teacher [3] X Institution Attended X X 1 Lead counselor at student’s high school. 2 Administrator (principal) at student’s high school. 3 Math or science teacher at student’s high school.
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- Table 31: Educational attainment outcomes versus expectations Panel Sample Skill Sample obs Group obs % Persisted BA % Expect BA Over-optimism A Fall 2013 enrollees 1 2,356 155 48 76 29 2 659 71 80 9 3 1,542 83 93 10 B Ever enrolled 1 3,531 404 21 62 41 2 1,080 51 76 25 3 2,047 74 91 16 C Expect MA+ 1 1,356 57 44 100 56 2 310 70 100 30 3 989 83 100 17 D Parent expectations 1 1,021 62 38 76 38 2 277 71 92 21 3 682 81 94 13 Notes: Table 31 compares realized and expected bachelor’s degree attainment. Samples vary across panels. Weights are PETS-SR student records longitudinal weights. Source: HSLS:09.
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- Table 32: Grant aid by persistence status Panel A: dollar amounts Persistence status Group obs Total Need Merit Share of $ Did not persist 501 7,790 3,373 4,417 0.20 Persisted 1,855 9,889 4,463 5,427 0.80 Panel B: uptake rates Persistence status Group obs Either Need Merit Both Did not persist 501 0.78 0.18 0.32 0.29 Persisted 1,855 0.75 0.21 0.28 0.27 Notes: Table 32 reports grant aid by persistence status in the HSLS:09. Panel A gives dollar amounts and share of total grant dollars by persistence status; panel B gives the composition of grants received by persistence status, on average. Sample: students who enrolled in a four-year program in the fall of 2013. Weights are PETS-SR student records longitudinal weights. Source: HSLS:09.
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