了解社区大学生贷款违约

IF 1.7 Q2 EDUCATION & EDUCATIONAL RESEARCH
Lyle McKinney, Jacob P. Gross, A. Burridge, Brittany Inge, Alexander Williams
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引用次数: 2

摘要

目的:我们研究的目的是在具有全国代表性的社区大学生样本中确定与联邦贷款违约相关的因素。指导性研究问题是:对于借联邦贷款的社区大学生来说,人口统计学、学术和入学特征在多大程度上与违约有关?方法:使用“开始中学后学生纵向研究”(BPS:04/09)的数据,我们的分析重点关注在社区大学(即公立两年制院校)开始中学后职业生涯但没有转到四年制院校的学生入学六年后的贷款偿还结果。分析方法包括描述性统计和多项逻辑回归。结果:与不使用联邦贷款的同龄人相比,借款人更有可能是女性、未婚、收入较低、接受佩尔助学金的人,并且完全是全日制的。回归结果表明,与仍在还款的借款人相比,拖欠还款的人更有可能是男性、第一代大学、收入较低、参加了劳动力证书和申请了副学士学位课程、横向调动和未完成学业的人。值得注意的是,三分之二的违约者的未偿债务不超过5000美元。结论:许多传统上在社区大学成功率最低的学生群体也是更容易拖欠贷款的群体。相对较低的债务水平仍然会给社区大学借款人带来严重的经济困难。我们建议对联邦贷款政策和制度实践进行几项修改,以帮助减少社区大学借款人的违约人数。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Understanding Loan Default Among Community College Students
Objective: The purpose of our study was to identify the factors associated with federal loan default among a nationally-representative sample of community college students. The guiding research question was: For community college students who borrow federal loans, to what extent do demographic, academic, and enrollment characteristics relate to default? Methods: Using data from the Beginning Postsecondary Students Longitudinal Study (BPS:04/09), our analysis focused on loan repayment outcomes six years after enrollment for students who began their postsecondary careers at a community college (i.e., a public, two-year institution) and had not transferred to a four-year institution. The analytic methods included descriptive statistics and multinomial logistic regression. Results: Compared to their peers who did not use federal loans, borrowers were more likely to be female, unmarried, lower-income, a Pell Grant recipient, and enrolled exclusively full-time. Regression results indicated that compared to borrowers still in repayment, defaulters were more likely to be male, first-generation college, lower-income, enrolled in workforce certificate and applied associate degree programs, lateral transfers, and non-completers. Notably, two-thirds of the defaulters had $5,000 or less in outstanding debt. Conclusions: Many of the student groups that have traditionally experienced the lowest rates of success at the community college are also the populations more likely to default on their loans. Relatively low levels of debt can still place severe financial hardship on community college borrowers. We propose several modifications to federal loan policy and institutional practices that could help reduce the number of community college borrowers who default.
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来源期刊
Community College Review
Community College Review EDUCATION & EDUCATIONAL RESEARCH-
CiteScore
2.40
自引率
7.70%
发文量
22
期刊介绍: The Community College Review (CCR) has led the nation for over 35 years in the publication of scholarly, peer-reviewed research and commentary on community colleges. CCR welcomes manuscripts dealing with all aspects of community college administration, education, and policy, both within the American higher education system as well as within the higher education systems of other countries that have similar tertiary institutions. All submitted manuscripts undergo a blind review. When manuscripts are not accepted for publication, we offer suggestions for how they might be revised. The ultimate intent is to further discourse about community colleges, their students, and the educators and administrators who work within these institutions.
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