ERIC Number: EJ1181136
Record Type: Journal
Publication Date: 2018
Pages: 18
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: N/A
Available Date: N/A
Student Loan Debt, Educational Attainment, and Tenure Choice
Miller, Joshua J.; Nikaj, Silda
Education Economics, v26 n4 p393-410 2018
Using the Educational Longitudinal Study of 2002 (ELS 2002), a unique survey that tracks High School sophomores to young adulthood, we estimate the relationship between student loan debt, educational attainment, and tenure choice. We improve upon prior studies by matching pre-treatment characteristics through coarsened exact matching (CEM) and jointly modelling the decision to leave the parental home and tenure choice. Our analysis suggests effects are large in magnitude and robust for degree non-completers that incurred student loan debt. Non-completers that incurred student loan debt are nearly 7.8 percentage points less likely to own a home than otherwise similar bachelor degree holders.
Descriptors: Decision Making, Dropouts, Bachelors Degrees, High School Students, Longitudinal Studies, Debt (Financial), Student Financial Aid, Housing, Ownership, Control Groups, Experimental Groups, Correlation, Socioeconomic Status, Academic Ability, College Entrance Examinations, Young Adults, Probability, Statistical Analysis, Employment, Student Characteristics, Educational Attainment
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A