Today, college students are taking on more and more loans in order to pursue their education. What factors impact their ability to pay off this debt following graduation? In July 2016, the Center for Analysis of Postsecondary Education and Employment (CAPSEE), released a working paper entitled "Early Labor Market and Debt Outcomes for Bachelor's Degree Recipients: Heterogeneity by Institution Type and Major, and Trends Over Time." Authored by Judith Scott-Clayton of the Community College Research Center at the Columbia Teacher's College, this 34-page report examines both the earnings and student loan debt of individuals who graduated from four year colleges between 1993 and 2008. The data for this report comes from the National Center for Educational Statistics Baccalaureate and Beyond (B&B) Survey. Scott-Clayton conducts a quantitative analysis to compare the financial outcomes of students across type of schools (e.g. public, private, "selective," etc) and majors.
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