The cost of post-secondary education (PE) continues to increase, which has contributed to elevating federal loan demand, and as of the fourth quarter of 2020, equaling a debt of $1.56 trillion in the US. The purpose of this research was to compare two post-secondary institutions for specific alignment with the local labor market, examine…

This study examined the effects of unsubsidized federal Stafford loans on six-year degree attainment at 4-year colleges and universities in the U.S., and how these differentially impact students across income groups. For this, nationally representative data from the Beginning Postsecondary Students (BPS:04/09) and the Integrated Postsecondary…

A common misperception suggests that a high-achieving student can easily complete a degree with very limited debt, and that students with high levels of debt are thus underachievers. This assumption is supported by memories of previous decades when it was realistically possible for most students to work their way through college. This view,…

Using the 2007-2008 National Postsecondary Student Aid Study, this study tested positively the hypothesis that college students are either likely to acquire debt above the national median or work more than 30 hours a week in order to graduate from a four year degree within six years. These results resonate with the theory of academic capitalism,…

Despite the substantial size of the population, relatively little research has focused on the status and experiences of undergraduate parents. Using descriptive analyses of data from the NPSAS:04, this study provides a starting point for campus administrators, public policymakers, and educational researchers who seek to identify ways to better…

Recent research on loan effects on student borrowers has focused on pre-college and post college behavior, neglecting the loan effects during the within-college period. This study integrated the student retention models and financial nexus model to investigate the effects of different kinds of financial aid on degree attainment of undergraduates…

Federal higher education policy has shifted over the past few decades from grants to loans as the primary means for providing access to postsecondary education for low- and moderate-income families. With this shift, policy makers have begun tracking student loan default rates as a key indicator of the efficacy of student loan programs. This effort…

This study finds that at one university, college major, ethnicity, grade point average, age, and number of semesters required to complete a degree are relevant in determining the student loan debts of recent college graduates. Gender is found to be irrelevant in determining student loan balances. A large percentage of recent graduates have student…

Examines the total direct and indirect effects of receiving financial aid on persistence to degree using a subsample of 1989 freshmen from the Beginning Postsecondary Student Survey. Analysis shows that although simply receiving financial aid is unrelated to persistence, the effects of financial aid on persistence appear to depend on type and…