Abstract
Data from the National Student Loan Data System and a college's student data base for cohort years 1993, 1994, and 1995 yielded descriptive statistics on 260 borrowers who defaulted on student loans at one public two-year college. After describing characteristics associated with defaulters, the author provides supporting information from a qualitative survey that elicited perceptions about loan defaulters from 12 respondents representing students, faculty, and staff at the college. Findings indicate that student background characteristics play as great a role in loan default behavior as institutional influences, and the author provides suggestions for future research and policy efforts.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.