ERIC Number: EJ1346791
Record Type: Journal
Publication Date: 2022-Aug
Pages: 20
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1521-0251
EISSN: EISSN-1541-4167
Social Capital's Impact on College Graduation Rates, Debt, and Student Loan Defaults
Joanis, Steve; Burnley, James; Mohundro, J. D.
Journal of College Student Retention: Research, Theory & Practice, v24 n2 p366-385 Aug 2022
This study extends the literature on education economics and student retention by examining social capital as a predictor of college graduation rates, student debt levels, and student loan default rates. Coleman's social capital theory is employed to understand how social influences can impact students through external social support (i.e., social capital). The study uses school-level data from the U.S. Department of Education's Integrated Postsecondary Education Data System and two social capital measures. Results suggest that social capital, at both the state and the community level, significantly influences graduation rates, student debt levels, and loan default rates. Implications for theory and practice are discussed.
Descriptors: Social Capital, Social Influences, College Students, Graduation Rate, Debt (Financial), Loan Default
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A