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
Author(s): Elvira Nica, Catalina Ioana BonciuSubject(s): Business Economy / Management, Higher Education
Published by: Addleton Academic Publishers
Keywords: student loan; financial aid system; US; postsecondary degree;
Summary/Abstract: The accessibility 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.
Journal: Economics, Management, and Financial Markets
- Issue Year: 12/2017
- Issue No: 2
- Page Range: 74-80
- Page Count: 7
- Language: English
- Content File-PDF
