The Impact of Student Loans on Homeownership

Authors

• Matthew Eric Click

Advisor(s)

Nevbahar Ertas

Committee Member(s)

Erin L Borry

Thomas A Jacobs

Document Type

Thesis

Date of Award

2015

Abstract

This thesis examines the relationship between student loan debt and homeownership. I hypothesize that a negative relationship exists, and control for a respondent’s age, household income, household size, race, gender, marital status, and level of education. Using a binary logistic regression model to examine data from the 2012 National Financial Capability Study (NFCS) and the 2014 Survey of Household Economic Decisions (SHED), I model the odds-ratios and predicted probabilities of homeownership for respondents with and without student loans. I find a decrease in the predicted probability of homeownership by 8.4% and 9.3% in the NFCS and SHED datasets, respectively. While I find that a negative relationship does exist, predicted probabilities show that other factors may exert a greater influence on homeownership, which produces recommendations for future research.

ProQuest Publication Number

Document on ProQuest

ISBN

978-1-339-31713-7

Comments

etdadmin_upload_394454

Recommended Citation

Click, Matthew Eric, "The Impact of Student Loans on Homeownership" (2015). All ETDs from UAB. 1393.
https://digitalcommons.library.uab.edu/etd-collection/1393