Student debt among University of Latvia graduates: Repayment prospects under income-contingent student loan scheme

Global Debt Patterns: An International Comparison of Student Loan Burdens and Repayment Conditions

(EPI) is a non-partisan, non-governmental organization dedicated to policy-based research on educational opportunity for all students. With offices in Virginia Beach, VA, Toronto, ON, and Melbourne, Australia, EPI is a collective association of researchers and policy analysts from around the world dedicated to the mission of enhancing our knowledge of critical barriers facing students and famil...

Measuring Aversion to Debt: An Experiment Among Student Loan Candidates∗

This paper reports the results of an experiment designed to test for the presence of debt aversion. The population who participated in the experiment were recent financial aid candidates and the experiment focused on student loans. The goal is to shed new light on different aspects of the perceptions with respect to debt. These perceptions can prevent agents from choosing an optimal portfolio o...

Is Student Loan Debt Discouraging Home Buying Among Young Adults ?

Student Loan Debt and Economic Outcomes

This policy brief advances the growing literature on how student loan debt affects individuals’ other economic decisions. Specifically, it examines the impact of student loan liabilities on individuals’ homeownership status and wealth accumulation. The analysis employs a rich set of financial and demographic control variables that are not available in many of the existing studies that use credi...

Conventional Fixed-Schedule Versus Income Contingent Repayment Obligations: Is there a Best Loan Scheme?

As more countries are planning to inaugurate or enlarge student loan schemes, much of the debate is over the question of the optimal form of the repayment obligation: specifically, whether it should be according to a fixed schedule of payments or a percentage or earnings or income. This paper argues that the current fascination with income contingency is frequently based on a set of supposed ad...