College student loans and subjective well-being in South Korea: How Do Student Borrowers Evaluate Their Lives during Studies and after Graduation?
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Kim, S. | - |
dc.contributor.author | Woo, M. | - |
dc.date.accessioned | 2021-08-31T19:21:58Z | - |
dc.date.available | 2021-08-31T19:21:58Z | - |
dc.date.created | 2021-06-17 | - |
dc.date.issued | 2020 | - |
dc.identifier.issn | 2671-4574 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/60748 | - |
dc.description.abstract | This article examined the effects of student loans on the subjective well-being (SWB) of Korean student loan borrowers by analyzing the Korean Education and Employment Panel (KEEP) survey data. In order to systematically investigate how student loans affected borrowers, we assessed their specific effects on the students, both during their studies and after they graduated. The findings are as follows. First, college seniors who experienced difficulties in making repayments reported lower SWB than did those who had not taken out student loans or those who had not experienced difficulties repaying loans. Remaining debt did not influence college seniors' SWB. Second, neither experiencing difficulties on making repayments nor the remaining debt influenced the SWB of college graduates when control variables were considered. Our investigation into why student loans seemingly presented no negative effects after graduation revealed some evidence for the suggestion that loan-takers' expectations regarding their ability to repay after graduation contributed to making the negative effects of student loan debt on happiness disappear. The results of this article demonstrated that student loans, as one measure of the economic status of young adults, can be a predictor of college students' SWB. However, in order to fully assess the effects of student loans on college graduates, an analysis of a longer period after graduation is needed. © 2020 Institute of Social Development and Policy Research, Seoul National University. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | Institute of Social Development and Policy Research, Seoul National University | - |
dc.title | College student loans and subjective well-being in South Korea: How Do Student Borrowers Evaluate Their Lives during Studies and after Graduation? | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Woo, M. | - |
dc.identifier.doi | 10.21588/jas/2020.49.2.001 | - |
dc.identifier.scopusid | 2-s2.0-85091881144 | - |
dc.identifier.bibliographicCitation | Journal of Asian Sociology, v.49, no.2, pp.121 - 161 | - |
dc.relation.isPartOf | Journal of Asian Sociology | - |
dc.citation.title | Journal of Asian Sociology | - |
dc.citation.volume | 49 | - |
dc.citation.number | 2 | - |
dc.citation.startPage | 121 | - |
dc.citation.endPage | 161 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.identifier.kciid | ART002610022 | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | scopus | - |
dc.description.journalRegisteredClass | kci | - |
dc.subject.keywordAuthor | College graduates | - |
dc.subject.keywordAuthor | College students | - |
dc.subject.keywordAuthor | Higher education | - |
dc.subject.keywordAuthor | Student loans | - |
dc.subject.keywordAuthor | Subjective well-being (SWB) | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
(02841) 서울특별시 성북구 안암로 14502-3290-1114
COPYRIGHT © 2021 Korea University. All Rights Reserved.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.