Drew M. Anderson is an associate economist at the RAND Corporation and a professor at the Pardee RAND Graduate School. He studies the economics of education and household financial decision making. He is particularly interested in public policies to alleviate poverty. At the intersection of all these topics are students' decisions about how to pay for college, and how these decisions are shaped by financial education and financial aid. Anderson is currently pursuing projects evaluating community college funding and organization, state-funded financial aid, the delivery and performance of student loans, and student financial literacy. College programs that are affordable and navigable have the potential to reduce inequality, and objective research can help them operate more efficiently. Anderson's research methods are primarily designing quasi-experiments and randomized experiments to uncover causal effects. He links together new sources of administrative data to support causal analysis as well as descriptive reporting. Before joining RAND, Anderson worked as a postdoctoral researcher at the University of Wisconsin-Madison, jointly at the Wisconsin HOPE Lab and the Center for Financial Security. Anderson has a Ph.D. and M.S. in economics from the University of Wisconsin-Madison, and a B.A. in mathematics and economics from Augustana University. He is also currently a lecturer teaching economic analysis at the UCLA Fielding School of Public Health.
Drew M. Anderson, "When Financial Aid is Scarce: The Challenge of Allocating College Aid Where It Is Needed Most," Journal of Public Economics, 190, 2020
Drew M. Anderson, Katharine M. Broton, Sara Goldrick-Rab, and Robert Kelchen, "Experimental Evidence on the Impacts of Need-Based Financial Aid: Longitudinal Assessment of the Wisconsin Scholars Grant," Journal of Policy Analysis and Management, 39(3), 2020
Drew M. Anderson, "What constitutes prudent spending from private college endowment funds? Evidence from underwater funds," Education Finance and Policy, 14(1), 2019
Drew M. Anderson and Sara Goldrick-Rab, "Aid after enrollment: Impacts of a statewide grant program at public two-year colleges," Economics of Education Review, 67, 2018
Drew M. Anderson and J. Michael Collins, "The impact of electronic payments for vulnerable consumers: Evidence from Social Security," Journal of Consumer Affairs, 52(1), 2018