The impact of undergraduate debt on the graduate school enrollment of STEM baccalaureates

Lindsey E. Malcom, Alicia C. Dowd

Research output: Contribution to journalArticlepeer-review

59 Scopus citations

Abstract

How much student loan debt is too much, too little, or just right? One way of answering this question is by looking at standards for loan repayment. Current federal policy enacted July 1, 2009, as Income-Based Repayment (IBR) recognizes that a "financial hardship" exists when monthly student loan payments exceed 10% of discretionary income (Kittredge, 2010). Beyond that threshold, borrowers may apply to request smaller monthly payments. IBR was designed for those with high debt-to-income ratios persisting over a long period of time and also includes provisions for loan forgiveness, particularly for people in public service occupations.

Original languageEnglish (US)
Pages (from-to)265-305
Number of pages41
JournalReview of Higher Education
Volume35
Issue number2
DOIs
StatePublished - Jan 1 2012

All Science Journal Classification (ASJC) codes

  • Education

Fingerprint Dive into the research topics of 'The impact of undergraduate debt on the graduate school enrollment of STEM baccalaureates'. Together they form a unique fingerprint.

Cite this