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Full-Text Articles in Education
Is Student Loan Debt Discouraging Homeownership Among Young Adults?, Jason N. Houle, Lawrence Berger
Is Student Loan Debt Discouraging Homeownership Among Young Adults?, Jason N. Houle, Lawrence Berger
Dartmouth Scholarship
Amid concern that rising student loan debt has social and economic consequences for young adults, many suggest that student loan debt is leading young adults to forgo home buying. However, there is little empirical evidence on this topic. In this study, we use data from the National Longitudinal Survey of Youth 1997 to estimate associations of student loan debt with homeownership, mortgage amount, and home equity. We use a variety of methodological techniques and test several model specifications. While we find a negative association between debt and homeownership in some models, the association is substantively modest in size and is …
Local Responses To Federal Grants: Evidence From The Introduction Of Title I In The South, Elizabeth U. Cascio, Nora Gordon, Sarah Reber
Local Responses To Federal Grants: Evidence From The Introduction Of Title I In The South, Elizabeth U. Cascio, Nora Gordon, Sarah Reber
Dartmouth Scholarship
We analyze the effects of the introduction of Title I of the 1965 Elementary and Secondary Education Act, a large federal grants program designed to increase poor students' educational services and achievement. We focus on the South, the poorest region of the country. Title I increased school spending by $0.50 on the dollar in the average southern school district and by more in districts with less ability to offset grants through local tax reductions. Title I-induced increases in school budgets appear to have reduced high school dropout rates of whites, but not blacks.