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Student Loan Debt-- A Repeat Of The 2008 Housing Crisis
Thompson, Ryker
Thompson, Ryker
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2017
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2017-05-19
Abstract
The cost of tuition and the amount of student loan debt are a pertinent issues in higher education today. A common comparison to the tuition and student debt increase are housing prices and mortgage loans in 2008. The desired outcome of this research is to analyze the similarities and differences between the events leading up to the 2008 housing crisis and what is happening today with tuition prices and student loans. This research describes the different incentives of universities, students, and the Department of Education. The description of incentives is done through qualitative analysis from university professionals and students who experienced debt as well conceptualizing content from previous academic research on student debt. All research focuses on undergraduate tuition and debt on federal loans.
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Finance