For many people in the United States, college paves the way to the middle class. Programs like Pell Grants and government backed loans help students afford a college degree. These programs help young Americans gain the skills they need to get a good job. But too many Ohioans struggle to afford college and pay back student loans. The Trump…

For many in the United States, debt is the price of upward mobility. An increasing number of jobs require some college, and wages are higher for people with college degrees. As states cut funding for higher education, colleges have passed the costs on to students. Nationally, 44.2 million people -- one sixth of the population -- hold a total of…

This study analyzes factors associated with anticipated difficulty with repayment of debt accumulated during college using a basic model of credit risk that includes socialization processes influencing college student financial decisions. The empirical analysis uses data from the 2010 Ohio Student Financial Wellness Study. Results provide evidence…