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ERIC Number: EJ947294
Record Type: Journal
Publication Date: 2010
Pages: 22
Abstractor: As Provided
Reference Count: 56
ISSN: ISSN-0884-9153
Money Matters: The Influence of Financial Factors on Graduate Student Persistence
Strayhorn, Terrell L.
Journal of Student Financial Aid, v40 n3 p4-25 2010
National statistics indicate that approximately 50 percent of all graduate students fail to complete their degree; thus, understanding the factors that influence their persistence is an important research objective. Using data from a nationally representative sample of bachelor's degree recipients, the study aimed to answer three questions: What proportion of 1992-1993 bachelor's degree recipients enrolled in graduate school by 2003? Of those, what proportion persisted in graduate school? Controlling for background and academic differences, what effect do financial factors have on persistence in graduate school? Descriptive and hierarchal binomial logistic regression results suggest that 36 percent of bachelor's degree recipients has enrolled in a graduate program by 2003; 74 percent of initial enrollees has persisted by 2003, and financial factors (e.g., total loan, tuition reduction, deferment status) were related to persistence. Implications for future policy, practice, and research are highlighted. (Contains 3 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
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A