Examining the Influence of U.S. Undergraduate Student Debt on Low Socioeconomic Students

• In Event: Research In Progress Roundtable Session 5
  In Invited Roundtable: Equity and Opportunity in Higher Education: Affirmative Action, Student Debt, and Free Expression (Table 6)

Abstract

The default rate of student loan repayment is significantly higher, and many defaulters lack a degree in the United States. The educational loan is negatively impacting students’ academic and personal lives. This study will examine the influence of tuition and fees, non-tuition expenses, grants, and work-study on student loans for low-socioeconomic students in 4-year public universities. This quantitative, non-experimental, retrospective, and predictive study will examine the restricted-use National Postsecondary Student Aid Study (NPSAS:20) undergraduate dataset and will be analyzed using multiple linear regression. The findings may expand the body of knowledge in understanding the dynamics of student financial aid.

Author

• Bibek Luitel, Texas A&M University - Corpus Christi