Student Loans and Homeownership

Student Loans Repayment and Recovery: International Comparisons

Student Loans Repayment and Recovery: International Comparisons Student loans schemes are in operation in more than seventy countries around the world. Most loans schemes benefit from sizeable built-in government subsidies and, in addition, are subject to repayment default and administrative costs that are not passed on to student borrowers. We probe two issues in this paper, for 44 loans schem...

Risky Human Capital and Alternative Bankruptcy Regimes for Student Loans

I study the implications of various bankruptcy regimes for student loans on college investment, human capital accumulation, and earnings in a heterogeneous life-cycle economy with risky human capital investment. The option to discharge one’s debt under a liquidation regime helps alleviate some of the risk of investing in human capital. However, dischargeability triggers exclusion from borrowing...

Student loans in Canada: an analysis of borrowing and repayment

This paper reports the results of an econometric analysis of the borrowing and repayment patterns of Canadian bachelor’s level university graduates, using data from the National Graduates Survey (NGS) of the class of 1990. After confirming the intuition that the level of borrowing is determined by supply-side rather than by demand-side factors, we analyze the repayment experience of the graduat...

Introduction [to Student Loans and the Dynamics of Debt]

Advantages and Disadvantages of Student Loans Repayment Patterns

It is a difficulty problem to choice repayment patterns of student loan. “Conventional mortgage-type loan” and “Income contingent loan” has been performed in many countries. These loan repayment manners have their own characteristics. In this paper, we discuss their advantages and disadvantages, and would provide policy choice for student loans programs in China. These suggestions maybe supply ...