Abstract

ABSTRACTUsing the Educational Longitudinal Study of 2002 (ELS 2002), a unique survey that tracks High School sophomores to young adulthood, we estimate the relationship between student loan debt, educational attainment, and tenure choice. We improve upon prior studies by matching pre-treatment characteristics through coarsened exact matching (CEM) and jointly modelling the decision to leave the parental home and tenure choice. Our analysis suggests effects are large in magnitude and robust for degree non-completers that incurred student loan debt. Non-completers that incurred student loan debt are nearly 7.8 percentage points less likely to own a home than otherwise similar bachelor degree holders.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

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.