Date of Graduation
Bachelor of Science in Business Administration
Rennie, Craig G.
Stamenov, Venstislav M
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.
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