Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
© 2017 Kathleen E Kuosman
Since the creation of Federally subsidized loans in the late 1950s, trends in higher education have been characterized by exorbitant increases in tuition costs and student loan debt. I frame the analysis of this thesis by first synthesizing current theory on factors that are driving increases in tuition costs. Using Common Data Set data, I explore trends in tuition costs within the past decade and examine the impact of changes in student borrowing behavior on rates of application at top-tier liberal arts colleges and flagship universities. I find that tuition costs are increasing at rates that outpace GDP and CPI measures, but only marginally so. I also find that changes in parent loan borrowing and all other loan borrowing are statistically significant, but not economically significant, in their effect on application rates. I conclude by discussing the implications of my results and potential for future research.
Kuosman, Kathleen E., "An Examination of Trends in Tuition Costs and Student Borrowing Behavior in Higher Education" (2017). CMC Senior Theses. 1639.
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