Students' Expectations of Debt in UK Higher Education

Autor/in	Bachan, Ray
Titel	Students' Expectations of Debt in UK Higher Education
Quelle	In: Studies in Higher Education, 39 (2014) 5, S.848-873 (26 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0307-5079
DOI	10.1080/03075079.2012.754859
Schlagwörter	Foreign Countries; Student Attitudes; Expectation; Debt (Financial); Higher Education; Gender Differences; Ethnicity; Questionnaires; Maximum Likelihood Statistics; Risk; Financial Support; Part Time Employment; Income; Parent Financial Contribution; Student Financial Aid; Student Loan Programs; Predictor Variables; United Kingdom + Suchen Sie Ihr Suchwort? Ausland; Schülerverhalten; Expectancy; Erwartung; Hochschulbildung; Hochschulsystem; Hochschulwesen; Geschlechterkonflikt; Ethnizität; Fragebogen; Risiko; Finanzielle Förderung; Part-time employment; Teilzeitbeschäftigung; Einkommen; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Prädiktor; Großbritannien
Abstract	The funding of students in UK higher education (HE) has undergone radical reform over the past two decades. Using a unique dataset, this paper investigates student expectations of debt. We find that a student's gender, ethnicity, and year of study play an important role in determining their expected debt. Students in receipt of financial support from their parents and those with part-time jobs anticipate a lower level of debt. We also find that the higher a student discounts future income, the greater their expected debt, and the more risk averse a student the lower the expected debt. Our findings also suggest that a student's expected earnings post-graduation has a positive impact on current debt. If the level of student debt--which is expected to rise in the future--compromises access to HE, then the close targeting of student financial aid is warranted and an equitable repayment framework needs development. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10