Advisory Committee Chair
Nevbahar Ertas
Advisory Committee Members
Erin L Borry
Thomas A Jacobs
Document Type
Thesis
Date of Award
2015
Degree Name by School
Master of Public Administration (MPA) College of Arts and Sciences
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.
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