Study: Students from middle-income families incur higher student loan debt
One of the working research papers being presented at the 107th Annual Meeting of the American Sociological Association in Denver this weekend deals with the disproportionate share of student debt that falls on students from families earning between $40,000 and $59,000.
Here is the official release on the paper by Jason N. Houle of the University of Wisconsin-Madison:
Here is the official release on the paper by Jason N. Houle of the University of Wisconsin-Madison:
Young adults from middle income families are more likely to rack up student loan debt — and in greater amounts — than students from both lower and higher income backgrounds, finds new research to be presented at the 107th Annual Meeting of the American Sociological Association.
“Many middle income families make too much money for their children to qualify for student aid packages,” said study author Jason N. Houle, a Robert Wood Johnson Health and Society Scholar at the University of Wisconsin-Madison. “While at the same time, they may not have the financial
