This study used the National Postsecondary Student Aid Survey (NPSAS:87 and NPSAS:93) to examine how debtload influences undergraduate persistence decisions at both public and private colleges. Tuition prices continued to have a significant negative effect on persistence; however, that effect decreased from 198 7 to 1993 in all cases. At every level, private school students were more sensitive to the effects of debtload than public school students. This finding was especially significant in the 1993 model.
Cofer, James and Somers, Patricia
"A Comparison of the Influence of Debtload on the Persistence of Students at Public and Private Colleges,"
Journal of Student Financial Aid: Vol. 30
, Article 3.
Available at: http://publications.nasfaa.org/jsfa/vol30/iss2/3