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Federal Reserve‑led "Big Data Project" finds counseling and peer networks shape college applications
Summary
Researchers from the Federal Reserve Bank of Minneapolis and partner institutions presented analysis showing students who access additional counseling services or who have informed peers are more likely to receive scholarships and attend higher‑selectivity colleges.
A research team led by the Federal Reserve Bank of Minneapolis presented findings on June 10 showing that school counseling services and peer networks influence where Hopkins seniors apply and the scholarship outcomes they receive.
Dr. Anusha Nath, a researcher at the Minneapolis Fed, described the Big Data Project, a multi‑partner effort that merged Hopkins student administrative records, survey responses and course histories to examine long‑term outcomes. Using a 2024 senior survey and linked administrative records, the researchers analyzed which seniors applied to college, where they applied and whether they reported receiving scholarships.
The sample analyzed by the team included 373 seniors. Dr. Nath reported that roughly 28% of those respondents…
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