This paper examines the feasibility of an income-contingent loan system to finance tertiary education in Indonesia. Using graduates' income data from the 2015 National Labor Force Survey, we modeled the life-cycle income distribution of university graduates using unconditional quantile regression. We used these estimates to simulate different…

These Web Tables focus on the experiences of 2015-16 bachelor's degree recipients 1 year after completing their degree. The data are from the 2016/17 Baccalaureate and Beyond Longitudinal Study (B&B:16/17), a nationally representative, longitudinal sample survey of students who earned a bachelor's degree during the 2015-16 academic year.…

Student loans can help fill cost gaps created by insufficient grants, scholarships, and family income in funding a postsecondary education. Whereas receipt of grant aid does not require repayment, student loans must be repaid with interest. Loans provide students with additional choices, such as living independently (instead of living with parents…

In recent years, concerns have emerged both about declines in entrepreneurial activity, and about increases in the amount students borrow to finance postsecondary education--in the aggregate as well as on average. Because the financial obligations associated with student debt could limit access to credit for individuals seeking to start…

In this paper, we consider lessons for other countries about the design of student loans with income-contingent repayments (i.e. repayments calculated as "x" per cent of each borrower's subsequent income). Using a dataset of 20,000 simulated lifetime graduate earnings paths, we estimate the cost and distributional effects of reforms in…

The 2011 Occupy Wall Street protests brought countless media reports about unemployed college graduates struggling to repay their student loans and headlines sounding alarms that outstanding student loan debt will soon reach $1 trillion. Even though evidence is mixed on whether today's college graduates leave school with significantly more debt…

Government student loan schemes typically have implicit interest rate subsidies which, while these are a cost to taxpayers, they have the benefit of diminishing repayment burdens for graduates. Our goal is to illustrate the extent of both interest rate subsidies and repayment burdens with respect to Thailand's Student Loans Fund (SLF), using…

The extent to which an individual's total debt capacity is absorbed at the point of college graduation is examined, along with the graduate's self-imposed debt limits and the debt limits established by the marketplace. The findings are based on the a survey of creditors and the consumers who had student loans. Attention is also directed to data…

Results of a survey of 1983-1984 graduates of four-year institutions a year after graduation are presented. The data were obtained from the 1985 Recent College Graduates Survey of the U.S. Department of Education. Although it was found that the college debts of the 1983-1984 graduates were still moderate, it also provided evidence that the debt…

This report presents an analysis of the debt levels and debt burdens of recent 4-year college graduates, based on student-reported data from five national surveys taken over the period 1977 to 1990. Report sections first describe the data and methodology of the study; second, present these findings and identify specific sub-groups most likely to…

This report presents an analysis of the debt levels and debt burdens of recent college graduates, based on student-reported data from four national surveys taken over the period 1977 to 1986. The major findings of this study were the following: (1) one out of two 1986 college graduates had some undergraduate debt representing an increase from one…

A study of the debt levels of graduate and professional students is reported in narrative, data tables, and graphs. Highlights include: total annual borrowing through federal loan programs has accelerated dramatically, with more than a million graduate and professional students now borrowing nearly $8 billion per year; graduate and professional…