Data and Code for: Student Debt Relief and Racial Wealth Gaps
Principal Investigator(s): View help for Principal Investigator(s) Gerald E. Daniels Jr., Howard University; Venoo Kakar, San Francisco State University; Jeffrey Galloway, Howard University
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| Raw | 05/01/2024 12:57:AM | ||
| Temp | 05/01/2024 01:32:AM | ||
|
|
text/plain | 11.4 KB | 04/30/2024 08:30:PM |
|
|
application/x-stata-dta | 51.3 MB | 04/30/2024 08:30:PM |
|
|
application/x-stata-dta | 2.8 MB | 04/30/2024 08:30:PM |
|
|
text/csv | 166.8 KB | 04/30/2024 08:30:PM |
|
|
text/csv | 223 bytes | 04/30/2024 08:30:PM |
Project Description
Summary:
View help for Summary
The Biden-Harris Administration released a plan to cancel federal student loans for 43 million borrowers on August 24, 2022. While the Supreme Court struck down the Biden-Harris' student debt relief plan on June 30, 2023, the White House is now planning to use the Higher Education Act of 1965, a federal law that governs the student loan program, to bring about relief for student borrowers. This article estimates the potential impact of broad-based student debt relief on racial and ethnic wealth gaps. On average, federal student debt potentially eligible for relief explains 3% of the White-Black wealth gaps, suggesting that broad-based student debt relief could significantly mitigate racial wealth inequities.
Note: This is data and code accompanying the article.
Note: This is data and code accompanying the article.
Scope of Project
Subject Terms:
View help for Subject Terms
Student Loans;
Wealth Inequality;
Loan Forgiveness;
Racial Wealth Gaps
JEL Classification:
View help for JEL Classification
D14 Household Saving; Personal Finance
G51 Household Finance: Household Saving, Borrowing, Debt, and Wealth
H81 Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
I22 Educational Finance; Financial Aid
I24 Education and Inequality
D14 Household Saving; Personal Finance
G51 Household Finance: Household Saving, Borrowing, Debt, and Wealth
H81 Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
I22 Educational Finance; Financial Aid
I24 Education and Inequality
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.