Analysis of Factors Related to Default [microform] / Mark Dynarski
- Bib ID:
- 5555209
- Format:
- Book and Microform
- Author:
- Dynarski, Mark
- Online Version:
- https://eric.ed.gov/?id=ED354801
Broken link? let us search Trove , the Wayback Machine , or Google for you.
- Description:
-
- [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1991
- 64 p.
- Summary:
-
This paper analyzes the factors associated with student loan default in the Guaranteed Student Loan (GSL) program for higher education. The paper provides an overview of the National Postsecondary Student Aid Study (NPSAS) Student Loan Recipient Survey, and, using data from the survey, presents a descriptive analysis of student loan recipients and of default rates, broken down by various demographic, socioeconomic, and educational-level groupings. Also, the paper explores the underlying factors that determine default, using multivariate statistical techniques. Three key results are reported based on the analysis. First, that a borrower's ability to pay is a powerful determinant of default. Second, that the default rates differ significantly by level of educational attainment. Finally, that default rates differ significantly by the characteristics of borrowers. In summarizing these key results, the report finds that: (1) borrowers leaving school with lower incomes, whose monthly GSL payments are higher, and who have more dependents are more likely to default; (2) borrowers who do not complete high school or their postsecondary education programs are more likely to default; and (3) Black and Hispanic borrowers are more likely to default, after controlling for income, education, and other individual characteristics. Contains seven references. (GLR)
- Notes:
-
- Sponsoring Agency: Department of Education, Washington, DC. Office of Planning, Budget, and Evaluation.
- Contract Number: 88001001.
- Contract Number: 90109001.
- Policymakers.
- May also be available online. Address as at 14/8/18: https://eric.ed.gov/
- Reproduction:
- Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive.
- Subject:
-
- Academic Achievement
- Comparative Analysis
- Credit (Finance)
- Ethnic Groups
- Financial Problems
- Higher Education
- Individual Characteristics
- Loan Default
- Loan Repayment
- Multivariate Analysis
- Paying for College
- Postsecondary Education
- Socioeconomic Influences
- Student Loan Programs
- Guaranteed Student Loan Program
- Other authors/contributors:
- Available From:
- ERIC
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1991
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Request this item
Request this item to view in the Library’s reading room.
Feedback
Similar items
- Student loans as a means of financing higher education : lessons from international experience / Maureen Woodhall
- Student loans: a review of experience in Scandinavia and elsewhere
- Evaluation of the Federal Direct Loan Program [microform] : Repayment Survey of Borrowers Participating in the Federal Direct Loan and Federal Family Education Loan Programs. Volume One: Summary Report [and] Volume Two: Technical Appendices
- Effects of the Higher Education Administration Charge on campus-based loan schemes : submission to the Honourable Minister for Employment, Education and Training, Mr John Dawkins, from the Australian and New Zealand Student Services Association / prepared by Vincent E. Callaghan
- Sinchư̄a phư̄a kānsưksā / Phensī Wāiwānon ... [et al.]