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An Empirical Analysis That Forecast A High Likelihood Of Emergency Loan Need Between Ages 27 To 41 Among Graduate Students For Policy Decisions, Efosa C. Idemudia, Ralph Ferguson

Faculty Publications -School of Business

The increase in graduate schools’ enrollments due to the global recession poses a complex challenge for graduate school deans and policy decisions. The data indicate that between the ages 27 to 41 emergency loan need is high among graduate students. As more non-traditional students seek admission into graduate school, there may be a prescribed role for the emergency loan in order to reduce the level of borrowing necessary among traditional as well as non-traditional graduate students for effective policy decision making. Analysis of emergency loan recipients provides insight for future researchers to investigate other critical factors that influence emergency loan …