With the costs of higher education increasing, the need to search for alternative ways to fund these expenses has also increased. While grants, scholarships, personal savings, and financial assistance from parents, may be effective for some, this is not the case for all students as some are inclined to use student loans to fund their higher…

For students with a significant amount of student loan debt, the excitement of graduating from college can be overshadowed by feelings of anxiety and fear. Debt perception is about more than the cost of a college degree, the amount of financial aid received, or the value families place on education. In this article, the author tells a story about…

University students and university personnel are important contributors to the economy of the United States regarding excessive student loan debt. As such, a lack of financial literacy is a significant problem. The purpose of this single descriptive qualitative case study was to describe the experiences of certain individual university students…

Due to the increased financial pressure--exacerbated by the COVID-19 pandemic--that students in higher education need to endure, considerable attention is being drawn towards the determinants of student financial anxiety. A conflicting picture has been captured about financial literacy, which has been shown to either be associated with better…

Many scholars have argued that it may be more costly to attend a far-away college than it is to attend a nearby college. If this is true, students who live in areas where colleges are few and far between may face higher costs than those with ample college options. This study assesses the plausibility of this line of reasoning by examining the…

The rising growth of student debt among Black women postgraduates highlights an alarming trend impacting social class attainment and economic mobility. Federal loan programs increase college access for students of color; however, these programs also contribute to racial disparities that influence students' academic outcomes and financial…

Universities have created more than 14,000 new master's degree programs in the last two decades, and much of this is likely driven by an effort to increase institutional revenues during challenging financial times. But this expansion in graduate education creates a risk that these new programs fail to generate a return on investment to students or…

The US Supreme Court will hear arguments next month about whether President Biden has the authority to forgive up to $20,000 in student debt for millions of borrowers. Part of the Biden administration's legal argument rests on the claim that borrowers as a group were made worse off financially by the pandemic. Urban Institute's analysis indicates…

As federal policymakers consider changes to income-driven repayment (IDR) schemes, research examining the characteristics and financial behaviors of student loan borrowers participating in IDR is necessary. Using the nationally representative Survey of Consumer Finances, we examined the demographics of IDR enrollment. Counter to expectations,…

Obtaining a college degree is positively correlated with gains in socioeconomic mobility. However, college is expensive. Given the importance of college in increasing social mobility, lawmakers have proposed eliminating student debt. Joe Biden, for example, has incorporated eliminating student debt into his presidential campaign promise. While…

Philosophical discussions about leisure time often take place on an abstract level. But leisure time does not exist a priori to lived experience in concreate situations. Its existence, or the lack thereof, is often predicated on the material conditions of daily life. In this article the very real conditions of indebted life are the starting point…

In the context of this paper, and higher education institutional practice, a "hold" is defined as a means an institution may employ to prevent a student from completing an action, such as registering for a class or accessing an official transcript. Holds are most often used as an attempt to motivate a student to take an action sought by…

The purpose of this study was to understand the impact of implicit education debt on African American mothers lived reality, as these women pursue PhDs. Using Collins' (2000) Black Feminist Thought and the Racial Opportunity Cost (ROC) as theoretical frameworks, the study presents the voices of African American mothers in doctoral programs who…

According to public discourse, one of the most critical college access and affordability issues is the nation's rising student loan debt. Public concern over the rising cost of college and the use of education loans has incited a great debate on if a student loan debt crisis exists, and if so, for who? Researchers have found that, among federal…

This study aims to investigate the mediating effect of self-esteem in the path from the burden of debt to job-search behavior among South-Korean low-income youths under a economic recession. Using data from the Second Panel Study on the Participants of the Youth Hope Growing Account (YHGA) program in Korea, this study tested a theoretical model…