Understanding the Determinants of Debt Burden among College Graduates

Autor/inn/en	Chen, Rong; Wiederspan, Mark
Titel	Understanding the Determinants of Debt Burden among College Graduates
Quelle	In: Journal of Higher Education, 85 (2014) 4, S.565-598 (34 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-1546
DOI	10.1353/jhe.2014.0020
Schlagwörter	Debt (Financial); College Graduates; Institutional Characteristics; Databases; Regression (Statistics); Family Income; Correlation; Probability; Private Colleges; Public Colleges; State Aid; Merit Scholarships; Student Financial Aid; Government Role; College Role; Student Loan Programs; Undergraduate Study; Costs; Surveys; Loan Repayment; Student Characteristics; Statistical Analysis; Baccalaureate and Beyond Longitudinal Study (NCES) + Suchen Sie Ihr Suchwort? Hochschulabsolvent; Hochschulabsolventin; Datenbank; Regression; Regressionsanalyse; Familieneinkommen; Korrelation; Wahrscheinlichkeitsrechnung; Wahrscheinlichkeitstheorie; Privathochschule; Leistungsvergütung; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Grundstudium; Cost; Kosten; Survey; Umfrage; Befragung; Statistische Analyse
Abstract	This article examines debt burden among college graduates and contributes to previous research by incorporating institutional and state characteristics. Utilizing a combination of national datasets and zero-one inflated beta regression, we find several major themes. First, family income and college experiences are strongly associated with the probability of zero debt burden as well as the level of debt burden. Second, graduates from private institutions have a higher level of debt burden than graduates from a public institution. Lastly, state funding of merit-based aid programs play a role in reducing students' debt burden, but the effect disappears when accounting for the "Georgia effect." Conclusions and suggestions are made about the roles institutions and government can play in reducing debt burden among college graduates. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10