DOI: 10.58809/eryl3647 ISSN:

Determinants of Average Student Debt

Karisa Schremmer, Sam Schreyer, null null, null null, null null, null null
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We explored the contributing factors of debt for the average college student. Our analysis examined how various institution, financial, and demographic variables played a role in the amount of debt a student accumulated over their undergraduate career. Our findings showed that students attending non-profit private institutions have on average less student loans than students who attend public institutions. Additionally, our results showed that African American students have a positive relationship with student debt and were the only demographic variable in our model that was significant.

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