Determinants of Average Student Debt

Authors

Karisa Schremmer, Fort Hays State UniversityFollow
Sam Schreyer, Fort Hays State UniversityFollow

Classification

Empirical Undergraduate

Abstract

We explored the contributing factors of debt for the average college student. Our analysis examined how various institution, financial, and demographic variables played a role in the amount of debt a student accumulated over their undergraduate career. Our findings showed that students attending non-profit private institutions have on average less student loans than students who attend public institutions. Additionally, our results showed that African American students have a positive relationship with student debt and were the only demographic variable in our model that was significant.

Department/Program

Economics, Finance, & Accounting

Submission Type

online only poster

DOI

10.58809/ERYL3647

Date

4-22-2020

Rights

Copyright the Author(s)

Comments

For questions contact ScholarsRepository@fhsu.edu

Recommended Citation

Schremmer, Karisa and Schreyer, Sam (2020) "Determinants of Average Student Debt," SACAD: John Heinrichs Scholarly and Creative Activity Days: Vol. 2020, Article 75.
DOI: 10.58809/ERYL3647
Available at: https://scholars.fhsu.edu/sacad/vol2020/iss2020/75