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Loan burdens and educational outcomes
ARTICLE

Economics of Education Review Volume 20, Number 6 ISSN 0272-7757 Publisher: Elsevier Ltd

Abstract

There is widespread concern among educators, policy makers, and students that the current generation of college graduates is being unduly burdened with debt. This study examines the impact of debt on the educational outcomes of recent graduating seniors from a set of private, expensive, highly selective colleges and universities. In particular, I investigate the relationship between borrowing levels and the likelihood of pursuing a graduate degree, a professional degree, and the career plans of the college class of 1998. The central conclusion drawn from this analysis is that students do not appear to be significantly influenced by their debt.

Citation

Monks, J. Loan burdens and educational outcomes. Economics of Education Review, 20(6), 545-550. Elsevier Ltd. Retrieved December 5, 2020 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

Full text is availabe on Science Direct: http://dx.doi.org/10.1016/S0272-7757(00)00030-3

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