Does Student Loan Debt Hinder Community Well-Being?

被引：2

作者：

Deller S. ^{[1
,2
]}

Parr J. ^{[2
]}

机构：

[1] Department of Agricultural and Applied Economics, Center for Community Economic Development, Economic Development Administration, University Center, University of Wisconsin-Madison, Madison, WI

[2] Center for Community Economic Development, Economic Development Administration, University Center, University of Wisconsin-Madison, Madison, WI

来源：

International Journal of Community Well-Being | 2021年 / 4卷 / 2期

关键词：

Community economic development; Community well-being; Student debt;

D O I：

10.1007/s42413-020-00107-1

中图分类号：

学科分类号：

摘要：

How the growth in student debt is impacting the well-being of the larger community is explored using U.S. county level data. Using tax return data from the Internal Revenue Service (IRS) we find that higher levels of student debt tends to be associated with lower levels of community well-being. Specifically, lower rates of home ownership, higher rental market stress, lower rates of entrepreneurship and poorer health behaviors. While the decision to take on student debt is an individual decision, local communities are uniquely positioned to help students make decisions around taking on debt and repayment options. © 2021, The Author(s), under exclusive licence to Springer Nature Switzerland AG part of Springer Nature.

引用

页码：263 / 285

页数：22

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