IV. Estimate
Inside section i expose our very own conclusions. Very first, into the point IV.An i identify some elementary correlations ranging from education loan personal debt and you may homeownership, along with just how these progress along the lives duration and you will vary by the degree height. For the part IV.B i show the outcome of many regressions, wanting to address this new endogeneity off student loan obligations from the handling to own observable features. The head personality method, using an important varying method and also the treatment/handle group creating, are detailed from inside the section IV.C. I next present the outcome from inside the section IV.D. In areas IV.Age and IV.F we talk about possible problems of our own distinguishing assumptions and manage a number of screening to validate them. Fundamentally, in point IV.G i estimate the outcome of figuratively speaking on individuals’ credit score and you will unpaid reputation therefore the measurements of the financial balance.
A good. Models off Loans and you will Homeownership
Profile step one plots the likelihood of ever before having started a real estate loan resistant to the individual’s many years for several degrees of pupil obligations. In the profile 1A, we compare people that went to college before many years 23 in place of delivering towards financial obligation having individuals who did borrow plus with people who didn’t attend college by the one to age.
