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The effect of student loan debt on graduates' lives and behaviour - perpetuating or challenging inequalities?

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This presentation by Professor Claire Callender discusses the findings from research exploring the relationship between student loan debt and graduates’ lives and behaviour. It focuses primarily on the interaction between two policy areas affecting young people in England – housing and student funding. The study, the first of its kind, examines the relationship between student loans – having borrowed for higher education and attitudes towards debt – and housing tenure at age 25, using the Next Steps longitudinal dataset. We find that young graduates who did not take out student loans to fund their higher education studies are more likely to own their home and less likely to rent or live with their parents than graduates who took out loans, or young people who never attended higher education. These results suggest that higher education funding policies and student loan debt play important roles in structuring young people’s housing in England.

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Bio

Claire Callender (BSc, PhD) is Professor of Higher Education Studies at Birkbeck, University of London and Professor of Higher Education Policy at UCL Institute of Education (IoE. At UCL, she is Deputy Director of  the Centre for Global Higher Education, an international research centre funded by the ESRC.

Claire’s research and writing focus on higher education student finances and its consequences. She has contributed to some of the most significant UK inquiries into student funding, and presented evidence to various Parliamentary Select Committees. She was a New Century Fulbright Scholar at the Harvard School of Education from 2007-2008. In 2017, she was awarded an OBE for services to higher education.

She is currently conducting research on student loan debt, examining its influences on graduates’ post-graduation behaviour and life choices with colleagues from the University of Michigan and the University of Twente.

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