The Impact of Youth Debt on College Graduation
Bibliographic Data
| ID | 11344237 |
|---|---|
| Authors | Min Zhan (0000-0002-0596-7072, University of Illinois Urbana-Champaign, corresponding author) |
| Year | 2014 |
| Volume | 41 |
| Issue | 3 |
| Publication date | 2014-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of Sociology & Social Welfare (JOURNAL) |
| Journal identifiers | ISSN: 0191-5096 • E-ISSN: 0191-5096 |
| Publisher | WMU Department of Occupational Therapy (PUBLISHER) |
| DOI | 10.15453/0191-5096.3971 |
| OpenAlex | W4367337112 |
| Language | EN |
| Citations received | 5 |
| References cited | 12 |
This study examines the associations between educational loans and credit card debt with the possibility of college graduation among a group of youth who enrolled in college. It further investigates whether the associations differ by levels of parental assets. Results indicate that, after parental assets and other variables are considered, educational loans are positively related to college graduation; however, there is evidence that educational loans above $10,000 reduce the probability of college graduation. Parental assets are positively linked to youth’s college graduation, and the relationship between educational loans and college graduation is stronger among youth whose families have lower levels of financial assets. Credit card debt is positively related to college graduation only among families with modest financial assets. Policy implications are discussed
Actuarial science · Business · Credit card · Debt · Demographic economics · Economics · Graduation (instrument · Payment · Financial Literacy, Pension, Retirement Analysis · Higher Education Research Studies · Housing Market and Economics · Psychology · Finance
College Costs and Credit Cards
A systematic review and meta-analysis of the effects of need-based aid on students’ academic achievement
The impact of student loans on college access, completion, and returns
Challenges in Isolating the Effect of College Attainment and Debt Accumulation on Young Adult Self‐Concept
Changing Undergraduate Funding Mix and Graduate Degree Attainment
Black wealth, white wealth
No Longer Separate, Not Yet Equal
Black–White Achievement Gap and Family Wealth
Debt and Graduation from American Universities
Assets and liabilities, race/ethnicity, and children's college education
Taking stock of ten years of research on the relationship between assets and children's educational outcomes
Assets and liabilities, educational expectations, and children's college degree attainment
The Logic of Loans
Studying Attrition and Degree Completion Behavior among First-Generation College Students in the United States
Over the limit
Life Course Trajectories of Perceived Control and Their Relationship to Education
Youth debt, mastery, and self-esteem
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,56 |
| Citation span | 2017 - 2025 (9) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |