ERIC Number: ED419465
Record Type: RIE
Publication Date: 1998-Mar
Student Loans: Limited Information Is Available To Determine How Students' College Debt Affects Their School and Lifestyle Decisions.
General Accounting Office, Washington, DC. Health, Education, and Human Services Div.
This report responds to a congressional request to assess the availability of information on the extent to which the increasing burden of student debt affects: (1) students' choices about whether and where to enroll in college and whether or how much to borrow; (2) the length of time it takes to earn the baccalaureate degree and student choices regarding graduate school and employment; and (3) graduates' burden of repayment as reflected by the ability to save for retirement or invest in a home. A search of research studies and education databases, as well as interviews with representatives of the Department of Education and educational researchers, was conducted. Although the search identified 19 studies providing a general sense of some effects of the student debt burden, much of the information was dated or pertained to a limited population. Overall, the study was not able to identify current, comprehensive data or other information on the extent to which debt influences students' decisions concerning these areas. A table lists the limitations of the studies found and an enclosure summarizes each of the studies. (DB)
Descriptors: Bachelors Degrees, College Choice, College Students, Debt (Financial), Decision Making, Higher Education, Loan Repayment, Student Financial Aid, Student Loan Programs, Time to Degree
U.S. General Accounting Office, P.O. Box 37050, Washington, DC 20013; phone: 202-512-6000; fax: 202-512-6061 (first copy free, additional copies $2).
Publication Type: Information Analyses; Reports - Evaluative
Education Level: N/A
Authoring Institution: General Accounting Office, Washington, DC. Health, Education, and Human Services Div.