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Policy makers and researchers are actively debating over the consequences of student debt for individuals’ choices and aggregate quantities in the US. Using micro-level data and focusing on entrepreneurial outcomes, I document that having a student loan is associated with a lower likelihood of...
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Amendments of 1992 negatively impacts entrepreneurship rates for students already in four-year college at the time of this …-dischargeable through personal bankruptcy, reduced the likelihood of entrepreneurship by student loan borrowers that were already in four … is mitigated when their ventures are successful. Our evidence indicates that student debt inhibits entrepreneurship by …
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randomized experiment. Half of the students who responded to an Internet questionnaire were given factual information on loan … conditions, whereas the other half did not receive such information. Six months later, students who received information have …
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In this paper, I provide an economic perspective on policy issues related to student debt in the United States. I lay out the economic rationale for government provision of student loans, summarize time trends in student borrowing, describe the US loan market, then turn to topics central to the...
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this "college premium", it has raised new questions about how growing numbers of students can make these investments. One …
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