Student loans disbursed and tuition are recorded in thousands of 2014 dollars

Student loans disbursed and tuition are recorded in thousands of 2014 dollars

Figure 3 plots estimates of the marginal effect of student loan debt against the borrower’s age for several different specifications, along with 95% and 90% confidence intervals robust to clustering at the home state level

veteran personal loans

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

personal loans las vegas bad credit

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

This table reports second-stage instrumental variable probit estimates of the effect of student loans on the probability of becoming a homeowner by age 26

http://getbadcreditloan.com/payday-loans-ia/

Variable Probability of Homeownership by Age 26
Full Sample No Pell(6) PSE Only(7)
(1) (2) (3) (4) (5)
Student loans disbursed ?.023* ?.016* ?.013 ?.013 ?.013 ?.018* ?.020*
(.014) (.008) (.009) (.008) (.009) (.009) (.012)
Tuition .004 ?.000 .001 .001
(.003) (.001) (.003) (.003)
Ever public 4 year .221*** .081** .062* .061* .063* .062** .086*
(.078) (.033) (.035) (.035) (.037) (.028) (.046)
No college ?.088*** ?.077*** ?.077*** ?.080*** ?.105***
(.016) (.016) (.016) (.017) (.025)
Associate’s/certificate .157*** .156*** .156*** .161*** .175*** .145***
(.032) (.031) (.031) (.030) (.037) (.045)
Bachelor’s .224*** .226*** .226*** .233*** .217*** .236***
(.035) (.037) (.037) (.038) (.032) (.029)
Master’s or more .314*** .332*** .331*** .331*** .320*** .339***
(.080) (.082) (.082) (.080) (.071) (.083)
Degree of unknown type .236*** .235*** .235*** .235*** .276*** .207***
(.052) (.048) (.048) (.048) (.058) (.070)
Ever public 2 year ?.046** ?.027 ?.027 ?.031 ?.034* ?.047
(.018) (.020) (.020) (.021) (.018) (.029)
Ever private 4 year not for profit .117* .093 .093 .099 .114* .148
(.069) (.072) (.072) (.077) (.066) (.101)
Ever private 2 year not for profit .085*** .076* .076* .083** .123*** .088**
(.031) (.041) (.041) (.042) (.045) (.041)
Ever private for profit .001 ?.003 ?.003 ?.004 .057 .007
(.022) (.022) (.022) (.024) (.041) (.035)
Ever Pell .019 .008 .008 .012 .041
(.037) (.037) (.037) (.039) (.059)
College major controls No Yes Yes Yes Yes Yes Yes
Home state economic controls No No No Yes No No No
Home state and cohort fixed effects No No Yes Yes No No No
Home statebycohort fixed effects No No No No Yes Yes Yes
Observations 33,435 33,435 33,435 33,435 33,310 26,399 17,927

Note. Continue reading