Drawing on data from the Beginning Postsecondary Students Longitudinal Study (BPS:04/09) and the Postsecondary Education Transcript Study (PETS), this study examined the risks associated with losing credits in the process of transferring between colleges. The effects of credit loss are considered on the timing of degree completion and student loan…

The 2011 Budget Control Act eliminated the in-school interest subsidy for graduate and professional students borrowing under the Stafford Loan Program. As a result, starting on July 1, 2012, graduate and professional students borrowing Stafford Loans became responsible for the interest accruing during their in-school deferment period. This study…

Despite an increase in enrollments across public and private higher education sectors, Black/African American and Hispanic students in graduate and professional programs are disproportionately affected by educational debt. Using nationally-representative data from NPSAS:2000 and NPSAS:2016, findings show that, in general, Black/African American…

This study examines how primary funding sources during doctoral program including loans, RAships, TAships, fellowships, and personal/family support, are associated with career outcomes among STEM doctoral graduates. Using the 2013 Survey of Earned Doctorates (SED) data commissioned by the NSF, we conducted a series of logistic and multinomial…

Student out-migration is a well-studied topic covering more than 40 years of research. This literature has typically equated student out-migration to out-of-state enrollment and has classified all college attendance taking place in students' state of residence as in-state enrollment. This study argues that failing to capture students'…

This article examines debt burden among college graduates and contributes to previous research by incorporating institutional and state characteristics. Utilizing a combination of national datasets and zero-one inflated beta regression, we find several major themes. First, family income and college experiences are strongly associated with the…

The persistently low college attainment rates of youth from poor families are partly attributable to their uncertainty about college affordability. The current federal financial aid system does not provide specific information about college costs until just before college enrollment and the information is only available to students completing a…

Much of the focus of research on the impact of financial aid (debt in particular) has focused on undergraduate students. It is equally important to understand the impact of financial aid on graduate students, particularly since graduate students incur much higher levels of debt due to their prolonged time in higher education and because the rate…

Attempted to replicate and extend the findings of earlier Student Loan Recipient Survey of the 1987 National Postsecondary Student Aid Study (NPSAS:87) on student loan defaults. Analysis of 1,117 borrowers from 510 institutions indicated that besides certain precollege traits and high grade point averages, postcollege employment congruent with the…

This paper deals with the increasing tendency of government to finance higher education through students, a trend having important policy implications for higher education. This trend and numerous related governmental decisions have been based almost exclusively upon economic rationale. (Author)

An analysis of the federal Stafford Student Loan Program summarizes its successes, limitations, and numerous problems and explains why reform has not yet occurred. A policy stalemate in Congress, lack of a well-developed reform alternative, and newly professionalized and mobilized interest groups are seen as making change unlikely. (Author/MSE)

In general, students receiving financial aid in their freshman year show greater academic persistence than nonreceivers, but increasing amounts of aid per semester have nonsignificant negative impacts on the number of semesters attended in a four-year period. Persistence may be hampered by increasing loan burdens on students. (MSE)

Adoption of the Higher Education Act Amendments of 1992 formalized a significant shift in federal financial aid policy from grants to loans. A case study of the federal policy-making process and the effects of incremental and fragmented decision making, this legislation illustrates how shifts in the power of actors and constraints in the…

Differences in parents' socioeconomic status is correlated with differences in knowledge about student financial aid programs, successful completion of complex application procedures, and acceptance of loans as part of aid. (Author/MLW)

Analysis of National Postsecondary Student Aid Study data for 11,000 students in loan programs at 1,400 institutions found borrowers with similar earned degrees, marital status, number of dependent children, showed similar levels of income/loan default, regardless of racial/ethnic group. Findings dispute national policy and suggest that campuses…