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Data on the Implementation of the 1958 National Defense Student Loan Program in the United States
Mingyan Ma1, Joshua Goodman1, Christine Mulhern2
1Boston University, Boston, USA.
Abstract:
We construct a novel dataset documenting the implementation of the National Defense Student Loan (NDSL) Program in the United States. This program began in 1958 and represented the beginning of the U.S. government's federal student loan program. We digitize measures from historical PDFs of reports produced by the U.S. Department of Health, Education, and Welfare and calculate how exposure to the program varied over time and across states from 1959 to 1963. These data can be used by researchers to understand the short- and long-term impacts of this large and novel program on a variety of individual and state outcomes.
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