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…

Student loans are a crucial aspect of financing a college education for millions of Americans, yet we have surprisingly little empirical evidence concerning individuals' unwillingness to borrow money for educational purposes. This study provides the first large-scale quantitative evidence of levels of loan aversion in the United States. Using…

The functional competencies of 131 women offenders incarcerated in Texas were assessed and than compared to the functional competencies of 868 free-world women in Texas surveyed during the Adult Performance Level (APL) Project. The findings support the following conclusions: (1) women in the free-world are more functionally competent than women…