JSM 2015 Preliminary Program

Online Program Home
My Program

Abstract Details

Activity Number: 129
Type: Contributed
Date/Time: Monday, August 10, 2015 : 8:30 AM to 10:20 AM
Sponsor: Social Statistics Section
Abstract #315651 View Presentation
Title: Differences in Student Debt Among Demographic Groups in Those Recently Graduating with a Bachelors Degree 2011--2012
Author(s): Bailey C. Ingraham Lopresto*
Companies: Christiana Care-Value Institute
Keywords: Bayesian methods ; student loan debt ; cluster analysis ; demographic disparities
Abstract:

A bachelor's is considered one of the basic ways to improve an individual's increase of long-term earnings. For many fields, a bachelor's is required to be taken seriously as a candidate for desirable employment, even entry level. The amount of debt to obtain a degree also has major impacts on future earnings, savings, and investment in retirement. Analyses have looked at initial income in recent graduates and described the harsh impacts of lower income for women and minorities on repaying what was assumed equal debt upon graduation. This analysis questions the assumption of equal debt burden among demographic groups. A discrepancy in debt burden between demographic groups indicates disparities and disadvantages in achieving similar financial success. This study focuses on two major outcomes: Average student debt per borrower and proportion of each demographic group receiving loans for those bachelor graduates from a 4-year college in Virginia. Outcomes will be compared between men, women, Caucasian and Minority subgroups using Bayesian methods and cluster modeling at the college level. We will evaluate our hypothesis by calculating credible intervals around the outcomes.


Authors who are presenting talks have a * after their name.

Back to the full JSM 2015 program





For program information, contact the JSM Registration Department or phone (888) 231-3473.

For Professional Development information, contact the Education Department.

The views expressed here are those of the individual authors and not necessarily those of the JSM sponsors, their officers, or their staff.

2015 JSM Online Program Home