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Social and Behavioral Sciences Commons

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Economics

Syracuse University

Economic growth

Honors Capstone Projects - All

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Full-Text Articles in Social and Behavioral Sciences

An Indentured Generation? The Effect Of Student Debt On Entrepreneurship In The United States, Lidia P. Medina May 2015

An Indentured Generation? The Effect Of Student Debt On Entrepreneurship In The United States, Lidia P. Medina

Honors Capstone Projects - All

This paper discusses the topical issue of rising student debt and the effect it has on employment decisions, particularly entrepreneurship. This paper aims to analyze this relationship using labor economic theories on investing and saving, labor decisions and risk aversion. Additionally, it discusses the role of entrepreneurship on economic growth and globalization using both historical and present-day data gathered from the National Longitudinal Survey of Youth (1997—2011), The Kauffman Research Center, and the US Department of Education.