Browsing by Author "Denning, Jeffrey T."

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    Taking It to the Limit: Effects of Increased Student Loan Availability on Attainment, Earnings, and Financial Well-Being
    Black, Sandra E.; Denning, Jeffrey T.; Dettling, Lisa J.; Goodman, Sarena; Turner, Lesley J. (Annenberg Institute at Brown University, 2020-08-01)
    Growing reliance on student loans and repayment difficulties have raised concerns of a student debt crisis in the United States. However, little is known about the effects of student borrowing on human capital and long-run financial well-being. The authors use variation induced by recent expansions in federal loan limits, together with administrative schooling, earnings, and credit records, to identify the effects of increased student borrowing on credit-constrained students’ educational attainment, earnings, debt, and loan repayment. Increased student loan availability raises student debt and improves degree completion, later-life earnings, and student loan repayment while having no effect on homeownership or other types of debt.
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    Why Have College Completion Rates Increased?
    Denning, Jeffrey T.; Eide, Eric R.; Mumford, Kevin J.; Patterson, Richard W.; Warnick, Merrill (Annenberg Institute at Brown University, 2020-07-01)
    College completion rates declined from the 1970s to the 1990s. We document that this trend has reversed--since the 1990s, college completion rates have increased. The authors investigate the reasons for the increase in college graduation rates. Collectively, student characteristics, institutional resources, and institution attended do not explain much of the change. However, they show that grade inflation can explain much of the change in graduation rates. They also show that GPA is a strong predictor of graduation rates and that GPAs have been rising since the 1990s. They find that increases in college GPAs cannot be explained by student demographics, ability, and school factors. Further, they show that at a public liberal arts college, grades have increased over time conditional on final exam performance.
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    Why Have College Completion Rates Increased?
    Denning, Jeffrey T.; Eide, Eric R.; Warnick, Merrill (Annenberg Institute at Brown University, 2019-06-01)
    College completion rates declined from the 1970s to the 1990s. They document that this trend has reversed--since the 1990s, college completion rates have increased. They investigate the reasons for the increase in college graduation rates. Collectively, student characteristics, institutional resources, and institution attended do not explain much of the change. However, they document that standards for degree receipt may explain some of the change in graduation rates.