Previous studies suggest that a college degree is the great equalizer leveling playing field. However, rapidly growing educational debt of graduates might restrict their life chances throughout adulthood, particularly for those raised in socioeconomically disadvantaged families. This study uses data from National Survey College Graduates to examine whether parents’ socioeconomic status related ...

Abstract Subject and purpose of work: The paper focuses on the problems faced by farmers in obtaining repaying loans from institutional non-institutional sources. Materials methods: study was conducted Haryana state, India. It based a field survey involving 600 farmers. Proportionate sampling technique employed pre-tested schedules were filled during vis-a-vis interviews. Results: T he f inding...

This study identifies the correlates of legal financial obligation (LFO) debt repayment among persons sentenced to probation and transferred a specialized collections unit. Using bivariate tests logistic regression, results indicate that starting balance amounts, monthly payment enforcement actions (capias warrant) are strongest influences on likelihood full repayment. These some will struggle ...

We revisit the link between risk of sovereign default and costs. Contrary to prior literature, we show that higher costs may result in probabilities, lower bond prices, fiscal limits are not pinned down by economic fundamentals. Government debt sustainability depends on private investment behavior, which is affected expectations about defaults capital returns. argue this feedback loop gives ris...