The Consequences of Student Loan Credit Expansions: Evidence From Three Decades of Default Cycles

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dc.contributor.authorLooney, Adamen
dc.contributor.authorYannelis, Constantineen
dc.date.accessed2019-10-30en
dc.date.accessioned2019-12-19T19:56:51Zen
dc.date.available2019-12-19T19:56:51Zen
dc.date.issued2019-07-02en
dc.description.abstractThis paper studies the link between credit availability and student loan repayment using administrative federal student loan data. The authors demonstrate that expansions and contractions in federal student loan credit to institutions with high default rates explain most of the time series variation in student loan defaults between 1980 and 2010.en
dc.description.sponsorshipThe Brookings Institutionen
dc.format.mimetypeapplication/pdfen
dc.identifier.sourceurlhttps://www.brookings.edu/wp-content/uploads/2019/07/ES_20190712_LooneyYannelis_Student-Loans-Credit-Supply.pdfen
dc.identifier.urihttp://hdl.handle.net/10919/96124en
dc.language.isoenen
dc.publisherThe Brookings Institutionen
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en
dc.subjectstudent financial aiden
dc.subjectstudent loansen
dc.subjecteducation, higher--government policyen
dc.titleThe Consequences of Student Loan Credit Expansions: Evidence From Three Decades of Default Cyclesen
dc.typeArticleen
dc.type.dcmitypeTexten

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Higher Education Policy for Minorities in the United States