ERIC Number: EJ1080469
Record Type: Journal
Publication Date: 2015
Abstractor: As Provided
Reference Count: 79
Borrowing and Repaying Student Loans
Hillman, Nicholas W.
Journal of Student Financial Aid, v45 n3 Article 5 2015
This essay synthesizes the most recent and rigorous research on student loan debt. It focuses on basic questions about who borrows, how much, and whether debt affects behaviors. Answers to these questions are necessary for informing federal student loan policymaking, yet the research findings are surprisingly mixed because of poor data quality, research design challenges, and the growing heterogeneity of borrowers. This ambiguity makes federal policymaking difficult when questions about the benefits and burdens of student loan debt are left unanswered. By synthesizing the current research, this essay helps answer some of these questions while calling attention to others.
Descriptors: Student Loan Programs, Loan Repayment, Federal Aid, Student Financial Aid, College Students, Paying for College, Debt (Financial), Student Characteristics, Undergraduate Students, Income, Racial Differences, Ethnic Groups, Public Policy
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: firstname.lastname@example.org; Web site: http://www.nasfaa.org
Publication Type: Journal Articles; Information Analyses; Reports - Evaluative
Education Level: Higher Education; Postsecondary Education
Authoring Institution: N/A