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Annotated Bibliography

Author(s):Young Invincibles
Title:High debt, low information: A survey of student loan borrowers
Source:http://www.younginvincibles.org/News/Releases/P...
Date:2012
Organization:Young Invincibles
Short Description:This report takes a first look at the experiences of high-debt borrowers by analyzing survey data from about 6,500 undergraduate and graduate student loan borrowers, fully 25 percent of which have outstanding loan balances at or exceeding $100,000.
Annotation:This report takes a first look at the experiences of high-debt borrowers by analyzing survey data from about 6,500 undergraduate and graduate student loan borrowers, fully 25 percent of which have outstanding loan balances at or exceeding $100,000. The population that participated in the survey therefore provides insight into the experiences of the 5 percent of borrowers in the United States with the highest debt levels. The analysis aims to help determine the factors that borrowers did not understand when making their loan decisions, the loan characteristics they said influenced their decision-making, and the sources of information upon which they relied.
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Associated Keywords:
Borrowing/Student Debt
Documents
Financial Aid, Affordability, Tuition, and Costs

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