The impact of student loans on college access, completion, and returns

2017 ◽  
Vol 11 (6) ◽  
pp. e12480 ◽  
Author(s):  
Amanda R. Baker ◽  
Benjamin D. Andrews ◽  
Anne McDaniel
Keyword(s):  
College Access ◽  
Student Loans ◽  
The Impact

scholarly journals Widening access to higher education for low-income students: a Brazilian case study (1990s-2016)

2018 ◽  
Vol 23 (0) ◽  
Author(s):  
LEONARDO CIVINELLI TORNEL DA SILVEIRA
Keyword(s):  
Higher Education ◽  
Low Income ◽  
Student Loans ◽  
Higher Education Institutions ◽  
Access To Higher Education ◽  
Higher Education Access ◽  
Widening Access ◽  
Education Participation ◽  
The Government ◽  
The Impact

ABSTRACT This article analyses the widening access policies implemented by Brazil during the 1990s and in 2016. It cites and evaluates the different strategies used by the government, such as student loans, needs-based and race-based quotas. In the context of a highly privatized sector, in which for-profit higher education institutions account for over half of the existing higher education institutions in Brazil, the results display a relative growth in higher education access based on minorities and needs-based communities. However, it also showcases some trends not achieved as originally planned by the government (specially increasing higher education participation in regions other than the south and the southeast) and serves as a point requiring further research to evaluate the influence on the lives of students and graduates. This study uses government and publicly available sources to analyse the impact of this strategy over time.

Improving College Access at Low-Income High Schools? The Impact of GEAR UP Iowa on Postsecondary Enrollment and Persistence

2018 ◽  
Vol 40 (3) ◽  
pp. 399-419 ◽  
Author(s):  
Nicholas A. Bowman ◽  
Sanga Kim ◽  
Laura Ingleby ◽  
David C. Ford ◽  
Christina Sibaouih
Keyword(s):  
College Access ◽  
Low Income ◽  
College Enrollment ◽  
High School Graduates ◽  
Gear Up ◽  
Postsecondary Enrollment ◽  
Education Status ◽  
K 12 ◽  
Undergraduate Programs ◽  
The Impact

GEAR UP (Gaining Early Awareness and Readiness for Undergraduate Programs) is a federal program designed to promote college access and success for students from low-income backgrounds. Although some literature has examined K–12 outcomes, little research has explored the extent to which GEAR UP achieves its intended postsecondary objectives. The present study used a difference-in-differences design with a sample of 17,605 students to explore the impact of GEAR UP Iowa on college enrollment and persistence. The findings indicate that GEAR UP Iowa promotes the college enrollment of high school graduates by 3 to 4 percentage points, whereas it appears to have no effect on college persistence. Results are similar regardless of students’ socioeconomic status, race/ethnicity, sex, and K–12 special education status.

Pushing the Boulder Uphill: The Persistence of First-Generation College Students

NASPA Journal ◽  
2004 ◽  
Vol 41 (3) ◽  
Author(s):  
Patricia Somers ◽  
Shawn R Woodhouse ◽  
James E. Cofer
Keyword(s):  
College Students ◽  
First Generation ◽  
Student Loans ◽  
First Generation College Students ◽  
Student Aid ◽  
Grade Point ◽  
First Generation College ◽  
High Test Score ◽  
Almost All ◽  
The Impact

This study examined the impact of background, aspirations, achievement, college experiences, and price on the persistence of first-generation (F-gen) and continuing generation (C-gen) college students at 4-year institutions using the National Postsecondary Student Aid Study of 1995–96 (n = 24,262). We found differences between the two groups on the effect size for almost all of the significant variables. F-gen students were more sensitive to financial aid and averse to student loans than their peers. However, even variables such as high income, high test score, and high grade point average, which similar studies have found to be significant and positively associated with persistence, did not influence the persistence of F-gen students in this study.

scholarly journals Parents, Partners, Plans, and Promises: The Relational Work of Student Loan Borrowing

2020 ◽  
Vol 6 ◽  
pp. 237802312091500
Author(s):  
Abby Stivers ◽  
Elizabeth Popp Berman
Keyword(s):  
Student Loans ◽  
Family Formation ◽  
Quantitative Estimation ◽  
Family Members ◽  
Well Being ◽  
Student Loan ◽  
Relational Work ◽  
Group Variation ◽  
Economic Expectations ◽  
The Impact

When does student loan borrowing prompt relational work between borrowers and family members? Research on student loans has focused on quantitative estimation of the effects of borrowing on educational attainment, economic well-being, health, and life-course milestones. Drawing on 60 interviews with lawyers in the northeastern United States, the authors argue that student loans also have underappreciated relational effects, even for relatively privileged borrowers. Relational work around student loans is particularly visible during the decision to borrow, when establishing partnerships, and in transitioning to parenthood. It becomes prominent when there is a mismatch between family members’ economic expectations of one another and when shared expectations are difficult to fulfill. Scholars have implicitly assumed that difficulty repaying explains the impact of borrowing on family formation. Attention to relational work, however, shows how debt can create stressors even for borrowers capable of repayment and may help explain cross-group variation in how debt affects family decisions.

scholarly journals A Demand And Supply Analysis Of The Confluence Of Student Loan Stakeholder Interests

2015 ◽  
Vol 13 (1) ◽  
pp. 49
Author(s):  
Loreto Peter Alonzi ◽  
Robert Irons ◽  
Khalid A. Razaki
Keyword(s):  
Student Loans ◽  
Student Loan ◽  
Government Support ◽  
Educational Institutions ◽  
Demand And Supply ◽  
Stakeholder Interests ◽  
Perverse Incentives ◽  
Supply Model ◽  
Supply Analysis ◽  
The Impact

This paper addresses the question of why the student loan crisis has arisen through the use of a demand and supply model. The model serves as a framework for analyzing the student-borrower motivations (the demand side), the bank-lender motivations (the supply side), externalities that motivate government support for student loans, and the perverse incentives government regulations spawn for educational institutions and lenders. Analysis of the model reveals that the crisis is driven by students desire to increase their socioeconomic standing, by banks search for profits in a climate of decreasing risk, and by the governments efforts to lessen the impact of externalities.

scholarly journals RETIRING AND CAREGIVING IN THE AGE OF STUDENT LOANS: THE IMPACT OF STUDENT DEBT ON RETIREMENT AND LONGEVITY PLANNING

2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S42-S42
Author(s):  
Samantha Brady ◽  
Julie Miller ◽  
Alexa Balmuth ◽  
Lisa D'Ambrosio ◽  
Joseph Coughlin
Keyword(s):  
Student Loans ◽  
The United States ◽  
Student Loan ◽  
Student Loan Debt ◽  
Retirement Benefits ◽  
Loved One ◽  
Aging Parents ◽  
Loan Debt ◽  
Student Loan Defaults ◽  
The Impact

Abstract Saving for retirement and the ability to provide care for a loved one can be dramatically affected by student loan debt. Currently, approximately 44 million people of all ages in the United States carry the weight of over 1.4 trillion dollars of student loan debt. Student loan borrowers of all ages may experience lower financial preparedness for retirement as well as decreased ability to provide care for family members, including aging parents. While older adults hold a relatively small proportion of student loans, they are the fastest growing subset of student loan borrowers and have disproportionately high rates of student loan defaults. As a result of their defaults, the Social Security retirement benefits of Americans ages 65 and older experienced a 500% increase in offsets over the last decade. This presentation will spotlight an MIT AgeLab mixed methods study about how student loan borrowers between the ages of 51 and 75 experience student loans within family systems and perceive and prioritize longevity planning in light of their student loans. Data collected for this study include focus groups and a large national survey. Preliminary findings suggest that for older borrowers, student loans are generally one of several financial constraints that can inform spending and saving decisions. For most, student loan payments are regarded as stunting overall retirement savings while the minority regard the two separately. Older borrowers also tend to have increased financial and familial responsibilities, including caring for aging parents, that compete for borrowers’ limited financial and temporal resources.

Sign in / Sign up

Export Citation Format

Share Document