Date of Graduation
5-2013
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Finance
Advisor/Mentor
Rennie, Craig G.
Committee Member/Reader
Stamenov, Venstislav M
Abstract
In June 2010, student loan debt rose to over $800 billion, surpassing total credit card debt outstanding for the first time. Along with the increase in the amount borrowed to pay for education, so too, is the percentage of default rates. The analysis presented suggests that cohort default rates increase in number proportionately to annual unemployment rates, while exhibiting an inverse relationship with the average student loan debt upon graduation.
Citation
Ratcliff, J. (2013). A Study on Various Economic Factors Influencing Student Loan Cohort Default Rates. Finance Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/finnuht/15