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Results 1 - 2 of 2 for Federal Funds Rate [Author: IlSung Nam]

Is Student Debt Jeopardizing the Short-Term Financial Health of U.S. Households? - Review

In this study, the authors use the Survey of Consumer Finances to determine whether student loans are associated with household net worth. They find that median 2009 net worth ($117,700) for households with no outstanding student loan debt is nearly three times higher than for households with outstanding student loan debt ($42,800).

research.stlouisfed.org/.../

Student Loan Debt: Can Parental College Savings Help? - Review

Postsecondary education costs in the United States today are rising with an increasing shift from societal responsibility to individual burden, thereby driving greater student borrowing. Evidence suggests that (i) such student debt may have undesirable educational effects and potentially jeopardize household balance sheets and (ii) student loans may better support educational attainment and economic mobility if accompanied by other, non-repayable financial awards.

research.stlouisfed.org/.../review/2014/12/15/student-loan-debt-can-parental-college-savings-help

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