<p>
</p>
<p>Many of those students end up as what the linked study called “credit constrained,” and those students end up applying only at colleges with a low list price (e.g., state universities). </p>
<p><a href=“http://www.economics.harvard.edu/faculty/hoxby/papers/aidpaper.pdf[/url]”>http://www.economics.harvard.edu/faculty/hoxby/papers/aidpaper.pdf</a></p>