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ERIC Number: ED313942
Record Type: Non-Journal
Publication Date: 1989
Pages: 21
Abstractor: N/A
Reference Count: N/A
Characteristics of Stafford Loan Program Defaulters: A National Sample.
Beanblossom, Gary F.; Rodriguez, Blanca Rosa
This study examined characteristics differentiating defaulters on Stafford student loans (formerly Guaranteed Student Loans) from non-defaulters. Data were drawn from a sample of 100,000 records randomly selected from the fiscal year 1987 guarantee agency cumulative borrower file. A cohort of 7,382 borrowers taking out their last loan in FY 1983 was divided into defaulters and non-defaulters. The relationships of five variables (institution type, adjusted gross income, dependent/independent status, enrollment status--graduated or withdrew, and years of schooling completed) with each other and with default/non-default status were examined. The study also provides cohort default rates for various borrower subpopulations based on a large, national random sample, furnishes a comprehensive summary and critique of the literature, and suggests potentially fruitful avenues for further research. (MSE)
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Stafford Student Loan Program