Student Loan Debt and Riskiness

Time: 12.00 - 2.00 p.m.
Venue: Department of Sociology and Social Research, via Verdi, 26 - Trento, Meeting Room - Third Floor

Brown bag seminars - Organized by the Center for Social Inequality Studies (CSIS) research unit

In the past few decades, student loan debt among college graduates has increased dramatically. Students have been borrowing more and riskier loans. Financial risk may create new challenges later in life as young adult graduates leave the university and juggle their financial responsibilities, relationships, and living situations. Using the Baccalaureate and Beyond Longitudinal Study (B&B), we analyze the distribution of debt amounts and financial risk across individual and degree characteristics; furthermore, we investigate their association with later transitions, including leaving the parental home, marriage and childbearing. Our findings demonstrate how debt is stratified and has increased across cohorts. Its association with later life transitions also highlights how it may contribute to the reproduction of inequalities.

Speaker:

• Anna Manzoni

Anna Manzoni is Associate Professor at the Department of Sociology and Anthropology, North Carolina State University. She received her PhD from Tilburg University, the Netherlands, and spent two year as a Postdoctoral Associate at the Center for Research on Inequalities and Life Course at Yale University, USA. Her research focuses on social stratification, life course, family sociology, sociology of work and occupations, quantitative methods