Federal Credit Programs and Cointegration: The Case of Student Loans.

Hungerford, Thomas; Upshaw, Wayne

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Peer reviewed

ERIC Number: EJ490968

Record Type: Journal

Publication Date: 1994

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0272-7757

EISSN: N/A

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Federal Credit Programs and Cointegration: The Case of Student Loans.

Hungerford, Thomas; Upshaw, Wayne

Economics of Education Review, v13 n3 p235-42 1994

Focuses on a specific federal credit program (the guaranteed student loan program), using the Engle and Granger two-step procedure to estimate an error correction model of commercial student loan supply. Results indicate that the secondary market is an important determinant of commercial student loan lending and that commercial supply is inelastic in respect to rate of return. (11 references) (MLH)

Descriptors: College Students, Federal Programs, Higher Education, Human Capital, Mathematical Models, Student Loan Programs, Supply and Demand

Publication Type: Reports - Research; Numerical/Quantitative Data; Journal Articles

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

Authoring Institution: N/A

Identifiers - Laws, Policies, & Programs: Stafford Student Loan Program

Grant or Contract Numbers: N/A

Author Affiliations: N/A