Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Education
An Economic Analysis Of Student Loan Default, Arianna Castonguay
An Economic Analysis Of Student Loan Default, Arianna Castonguay
Electronic Theses and Dissertations
Cumulative student loan debt in the United States has now surpassed $1.5 trillion. Moreover, since the turn of the century, cohort default rates of these loans have steadily risen across all types of institutions. The latest data from the U.S. Department of Education shows 10.8 percent of borrowers who entered repayment in fiscal year 2015 have defaulted within three years. In turn, the first chapter of this paper summarizes student loan policies as well as trends in debt and default. Furthermore, it highlights the consequences of high student debt and default for individual borrowers and the economy. Results show evidence …
Tennessee Promise: Impact On College Choice In Upper Northeast Tennessee, Jennifer R. Barber
Tennessee Promise: Impact On College Choice In Upper Northeast Tennessee, Jennifer R. Barber
Electronic Theses and Dissertations
The purpose of this correlational study was to explore the relationship between the new statewide two-year financial aid program, Tennessee Promise, and college choice among high school seniors in four counties in upper Northeast Tennessee. Independent variables included GPA, concern about ability to pay for college, and plans to attend a two-year or four-year institution. The dependent variables were scored on three dimensions: cost factors, social factors, and academic factors relating to college choice. Additionally, respondents reported perceptions of Tennessee Promise related to college choice. A 22-item survey was administered to high school seniors from four counties in upper Northeast …