schools, little is known about the effect of these programs on the credit behaviors of young adults. Using a panel of credit …: Georgia, Idaho, and Texas. We compare the credit scores and delinquency rates of young adults in each of these states pre- and … have higher relative credit scores and lower relative delinquency rates than those in control states. …

We analyze the interactions between two different forms of unsecured credit and their implications for default behavior … of young U.S. households. One type of credit mimics credit cards in the United States and the default option resembles a … bankruptcy filing under Chapter 7; the other type of credit mimics student loans in the United States and the default option …

This paper assesses the role that monetary policy plays in the decision to default using a General Equilibrium model … of which depends on monetary policy. The decision to default is endogenous and depends on the relative value of the … collateral to face value of the loan. Default results in foreclosure, higher borrowing costs, inefficient investment and a …

government student loans, the terms on student loans in the private market are based on credit status. We quantify the importance … of the private market for student loans and of credit status for college investment in a general equilibrium … heterogeneous life-cycle economy. We find that students with good credit status invest in more college education (compared to those …