The Effect of Credit Constraints on the College Drop-Out Decision A Direct Approach Using a New Panel Study / Todd R. Stinebrickner, Ralph Stinebrickner.

Format:

Book

Author/Creator:

Stinebrickner, Todd R.

Contributor:

National Bureau of Economic Research.

Stinebrickner, Ralph.

Series:

Working Paper Series (National Bureau of Economic Research) no. w13340.

NBER working paper series no. w13340

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2007.

Summary:

A serious difficulty in determining the importance of credit constraints in education arises because standard data sources do not provide a direct way of identifying which students are credit constrained. This has forced researchers to adopt a variety of indirect approaches. This paper differentiates itself from previous work by taking a direct approach for providing evidence about this issue which is made possible by unique longitudinal data that have been collected specifically for this type of purpose. Our results suggest that, while credit constraints likely play an important role in the drop-out decisions of some students, the large majority of attrition of students from low income families should be primarily attributed to reasons other than credit constraints.

Notes:

Print version record

August 2007.