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ERIC Number: EJ1000555
Record Type: Journal
Publication Date: 2012
Pages: 35
Abstractor: As Provided
Reference Count: 83
ISSN: ISSN-0884-9153
Should I Work or Should I Borrow? A Counterfactual Analysis on the Effect of Working While Enrolled and Debt on Baccalaureate Completion
Mendoza, Pilar
Journal of Student Financial Aid, v42 n2 p25-59 2012
Using the 2007-2008 National Postsecondary Student Aid Study, this study tested positively the hypothesis that college students are either likely to acquire debt above the national median or work more than 30 hours a week in order to graduate from a four year degree within six years. These results resonate with the theory of academic capitalism, in which higher education has become a private good that students have to purchase despite governmental programs to provide students with financial aid in the form of grants. This finding has important implications for college affordability. (Contains 10 tables.)
National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail:; Web site:
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A