Capitalizing on Time: Place-Based Aid and the Value of Lifting the Financial Burden for Low-Income Students

Authors

  • Amy Stich University of Georgia
  • William B. Walker, Jr. University of Georgia
  • Myla Cash-Williams University of Georgia
  • Daivon Jarrell Georgia State University

DOI:

https://doi.org/10.32674/8wch7938

Keywords:

Student Debt, promise programs, capital, qualitative research

Abstract

In this article, we present findings from a critical participatory action research (CPAR) study of Achieve Atlanta (AATL), a place-based, need-based grant program for students graduating from Atlanta Public Schools. The purpose of this research was to better understand how the AATL scholarship and its associated services shaped the experiences, opportunities, and positive outcomes of AATL Scholars, with specific attention to borrowing and debt repayment. We argue that lifting or reducing the debt burden allowed students to accumulate additional forms of dominant cultural capital, namely, time. We further argue that time, as a largely neglected form of capital, enabled students to be college students and provided the conditions for academic success.

Author Biographies

  • William B. Walker, Jr., University of Georgia

    William B. Walker, Jr. is a doctoral student at the Louise McBee Institute of Higher Education at the University of Georgia. 

  • Myla Cash-Williams, University of Georgia

    Myla Cash-Williams is a J.D. Candidate at the University of Georgia School of Law.

  • Daivon Jarrell, Georgia State University

    Daivon Jarrell is a recent graduate of Georgia State University's Bachelors Program in Physics.

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2026-10-01

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Special Issue - Beyond the Balance: Narratives from the Frontlines of Student Loan Debt

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Capitalizing on Time: Place-Based Aid and the Value of Lifting the Financial Burden for Low-Income Students. (2026). Higher Education Politics and Economics, 12(2), 160-188. https://doi.org/10.32674/8wch7938