College on Credit: How Borrowers Perceive Their Education Debt

By S. Baum, M. O'Malley. ˜The œJournal of student financial aid, 2003

216 citations recorded by the source corpus.

The fourth survey of student loan borrowers in repayment reveals that education debt burdens remain manageable for most borrowers. A clear majority of those in repayment report that the benefits of the educational opportunities made possible through borrowing are well worth any problems associated with paying off the loans. There are, however, indications that nega-tive attitudes towards education debt are increasing over time. borrowers from low-income repayment when for debt

Subfields: Education

View Paper: https://www.semanticscholar.org/paper/81c128ecb2c8c786a590c4644fe12da2843753d8

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Education

Citations in the corpus

College students and financial distress: exploring debt, financial satisfaction, and financial anxiety (2013, methodology): “Utilizing the Nellie Mae survey of student loan borrowers in repayment, Baum and O’Malley (2003) found student loan debt implications reach beyond early adulthood, with borrowers having a reduced ability to purchase a home by 0.”
The Development, Evaluation, and Validation of a Financial Stress Scale for Undergraduate Students (2010, background): “Student loan debt has been reported as a deterrent to seeking graduate education (Baum & O’Malley, 2003).”
Financial Aid: A Broken Bridge to College Access? (2007, background): “…1998), the 2002 survey found that home ownership rates declined by 0.2 percentage points for every additional $1,000 in student loans.15 In other words, for every additional $5,000 accumulated in student loans, a borrower’s likelihood of owning a home decreased by 1 percent (Baum & O’Malley, 2006).”
Childhood Financial Socialization and Young Adults' Financial Management (2013, background): “…socioeconomic status, on the financial practices of transitioning adults, have been extensively studied (Asinof & Chaker, 2002; Baek & Hong, 2004; Baum & O’Malley, 2003; Joo, Grable, & Bagwell, 2001; Lyons, 2004; Shenk, 1997), and socialization theories have also been applied to financial…”