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Non-Completion, Student Debt, and Financial Well-Being: Evidence from the Survey of Household Economics and Decisionmaking

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Abstract

As the price of college and student loan debt has grown relative to inflation in recent decades, many have questioned the return on investment offered by a college degree. Recent research tends to highlight the importance of risk when examining the question of "is college worth the investment?" (Hendricks and Leukhina, 2018; Akers, 2021).

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  • Jacob Lockwood & Douglas A. Webber, 2023. "Non-Completion, Student Debt, and Financial Well-Being: Evidence from the Survey of Household Economics and Decisionmaking," FEDS Notes 2023-08-21, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2023-08-21
    DOI: 10.17016/2380-7172.3371
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    File URL: https://www.federalreserve.gov//econres/notes/feds-notes/non-completion-student-debt-and-financial-well-being-20230821.html
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