NotesFAQContact Us
Search Tips
Back to results
Peer reviewed Peer reviewed
Direct linkDirect link
ERIC Number: EJ882232
Record Type: Journal
Publication Date: 2010
Pages: 29
Abstractor: As Provided
ISSN: ISSN-1521-0251
Understanding Racial Differences in the Effects of Loans on Degree Attainment: A Path Analysis
Museus, Samuel D.
Journal of College Student Retention: Research, Theory & Practice, v11 n4 p499-527 2009-2010
Recent trends in the financing of higher education have increased the urgency of understanding how financial aid affects degree attainment among college students. Specifically, increased reliance on loans in the composition of financial aid packages renders it critical for policymakers and institutional leaders to understand the impact of borrowing on degree attainment. This study was aimed at understanding the complex relationship between loan amounts and degree completion using path modeling techniques. Results reveal that the process by which loans influence attainment is complex and varies across racial groups. The direct effect of loans on degree attainment was positive for Black students and negative for their Asian, Latina/o, and White counterparts. That direct effect was strongest for Latina/o students. Loan amounts also exhibited several indirect influences on attainment, via their effects on various mediating variables, among all four groups. Implications for research, policy, and practice are discussed. (Contains 6 tables and 5 figures.)
Baywood Publishing Company, Inc. 26 Austin Avenue, P.O. Box 337, Amityville, NY 11701. Tel: 800-638-7819; Tel: 631-691-1270; Fax: 631-691-1770; 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
Identifiers - Assessments and Surveys: Beginning Postsecondary Students Longitudinal Study