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Education Commons

Open Access. Powered by Scholars. Published by Universities.®

2015

Education Economics

Bard College

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Full-Text Articles in Education

Beneath The Human Capital Investment: Modelling Student Debt Awareness And A Critical Examination Of Financial Aid Materials Using Construal-Level Theory, Sophia Alecia Sutcliffe Jan 2015

Beneath The Human Capital Investment: Modelling Student Debt Awareness And A Critical Examination Of Financial Aid Materials Using Construal-Level Theory, Sophia Alecia Sutcliffe

Senior Projects Spring 2015

As student loans are increasingly utilized to invest in higher education, it is important to consider how students perceive and understand their loan commitments. Study 1 surveyed a sample of 147 Bard students on their attitudes towards debt and how much they knew about their loan commitments. Over half of the students sampled could not report how much they currently owed in student loans (N=76, 51.4%), 23.8% (N=35) could not identify the types of loans they held, 25.2% of participants could not provide an estimate of how much debt they expect to graduate with within a range of $5,000- $10,000, …