Paying Back Student Loans: Demographic, Human Capital and Other Correlates of Default and Repayment Difficulty

Autor/inn/en	Pizarro Milian, Roger; Zarifa, David; Seward, Brad
Titel	Paying Back Student Loans: Demographic, Human Capital and Other Correlates of Default and Repayment Difficulty
Quelle	In: Higher Education Quarterly, 75 (2021) 1, S.77-97 (21 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	ORCID (Pizarro Milian, Roger)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0951-5224
DOI	10.1111/hequ.12248
Schlagwörter	Student Loan Programs; Loan Repayment; Loan Default; Foreign Countries; Human Capital; Predictor Variables; Disabilities; Geographic Regions; Demography; Postsecondary Education; Correlation; Canada + Suchen Sie Ihr Suchwort? Schuldnerverzug; Ausland; Humankapital; Prädiktor; Handicap; Behinderung; Demografie; Post-secondary education; Tertiäre Bildung; Korrelation; Kanada
Abstract	Government-sponsored student loans have emerged over the decades as a primary method of financing post-secondary education across most North American jurisdictions. Despite this, the empirical literature examining the correlates of repayment difficulty and default in Canada has remained stagnant in recent years. This study taps into an underutilised data source--the 2013 National Graduates Survey--to examine the relationship between demographics, human capital, borrowing behaviour and other known predictors and repayment difficulty. Our logistic regression models demonstrate that disability status, geographic region and borrowing behaviour are correlated with loan default and repayment difficulty, while failing to verify the existence of other demographic effects routinely found in the existing literature. We discuss the implications of these findings, along with multiple avenues for further empirical work on this topic within Canada. (As Provided).
Anmerkungen	Wiley. Available from: John Wiley & Sons, Inc. 111 River Street, Hoboken, NJ 07030. Tel: 800-835-6770; e-mail: cs-journals@wiley.com; Web site: https://www.wiley.com/en-us
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01