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This paper surveys the literature on student lending, emphasizing empirical studies of default, credit outcomes, and … earnings. Student loans exist to alleviate credit constraints, and in theory, may have different effects on outcomes through …
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Using data from the 2017 U.S. Survey of Household Economics and Decisionmaking (SHED), this study classifies student debt into three categories by beneficiary (self, spouse, and children) and examines the relationship between each category and financial well-being. The results show that the...
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