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STUDENT LOANS – AN ESSENTIAL ELEMENT OF THE FINANCIAL AID SYSTEM IN THE US

STUDENT LOANS – AN ESSENTIAL ELEMENT OF THE FINANCIAL AID SYSTEM IN THE US The accesibility of loans eliminates credit limitations and meets the expense of educational opportunities to individuals who may not in different circumstances have been able to afford a postsecondary degree. The main objective of this paper is to explore and describe the impact of U.S. loan programs on individuals’ educational outcomes. Our analysis complements the growing literature on the consequences of federal loan assistance on financial aid and employment. JEL codes: I23; D83 Keywords: student loan; financial aid system; US; postsecondary degree http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

STUDENT LOANS – AN ESSENTIAL ELEMENT OF THE FINANCIAL AID SYSTEM IN THE US

Economics, Management, and Financial Markets , Volume 12 (2): 7 – Jan 1, 2017

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

The accesibility of loans eliminates credit limitations and meets the expense of educational opportunities to individuals who may not in different circumstances have been able to afford a postsecondary degree. The main objective of this paper is to explore and describe the impact of U.S. loan programs on individuals’ educational outcomes. Our analysis complements the growing literature on the consequences of federal loan assistance on financial aid and employment. JEL codes: I23; D83 Keywords: student loan; financial aid system; US; postsecondary degree

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2017

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