• Report

High School and Beyond. Student financial assistance: Student loans. Contractor report (CS-87-431c)

Citation

Brown, C. L., Choy, S., & Hoachlander, E. G. (1987). High School and Beyond. Student financial assistance: Student loans. Contractor report (CS-87-431c). Washington, DC: U.S. Department of Education, Center for Education Statistics.

Abstract

The distribution of student loans to the 1980 senior cohort of the High School and Beyond sample is examined. The sample of the senior cohort participated in the Second Follow-up survey in1984. Attention is directed to: who received loans, the types of loans awarded, the amount of loan aid, the availability and amount of loans related to the cost of attending the colleges, and whether the use of loans changed over time as students progressed through college. The sample was limited to students who were continuously enrolled in school: (1) 1980 high school seniors who entered postsecondary schools as full-time freshmen in 1980-1981and who continued to become seniors in 1983-1984; and (2)students who enrolled in less than 4-year courses who graduated or who stopped progressing through the college system. Included is information on the social and demographic characteristics of students who were more likely to receive any student loan, Guaranteed Student Loans or National Direct Student Loans, to finance the freshman year. The percentages of students from different income groups who received any loan are reported, along with the total student loan burdens incurred by students. (SW)