Explaining Student Loan Default Rates Across U.S. Universities

Authors

Austin Blea, Fort Hays State UniversityFollow
Sam Schreyer, Fort Hays State UniversityFollow

Classification

Empirical Undergraduate

Abstract

The question being asked in this research paper is what explains student loan default rates across the three types of United States universities. The three types of universities are non-profit, for-profit, and public. This paper uses regression analysis to regress several explanatory variables on the dependent variable, which is the default rate. The explanatory variables used are the median SAT scores for incoming freshman, admission percentage, the average net price to attend a university for students, percentage of the student body who is black, percentage of the student body who is taking all online classes, non-profit universities, and for-profit universities. The public universities variable is used as the base level group. The most important finding from this research is that high default rates do not rest on the university, but the type of students the university caters to.

Department/Program

Economics, Finance, & Accounting

Submission Type

online only poster

DOI

10.58809/KTAI9744

Date

4-22-2020

Rights

Copyright the Author(s)

Comments

For questions contact ScholarsRepository@fhsu.edu

Recommended Citation

Blea, Austin and Schreyer, Sam (2020) "Explaining Student Loan Default Rates Across U.S. Universities," SACAD: John Heinrichs Scholarly and Creative Activity Days: Vol. 2020, Article 7.
DOI: 10.58809/KTAI9744
Available at: https://scholars.fhsu.edu/sacad/vol2020/iss2020/7