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Boatman, Angela; Evans, Brent J.; Soliz, Adela – AERA Open, 2017
Although prior research has suggested that some students may be averse to taking out loans to finance their college education, there is little empirical evidence showing the extent to which loan aversion exists or how it affects different populations of students. This study provides the first large-scale quantitative evidence of levels of loan…
Descriptors: Student Loan Programs, Student Financial Aid, Resistance (Psychology), High School Seniors