Towards a typology of debt attitudes among contemporary young UK undergraduates

Paying for Higher Education in England: Funding Policy and Families

“…Research carried out in the late 1990s found that the most debt-averse students were those from the poorest backgrounds and those who are most under-represented in the student population (Callender, 2002; see also Archer et al, 2002;McCaig, 2011). However, qualitative research carried out following the 2006 changes to the student loans architecture, found that many students from lower social class backgrounds expressed positive views about debt believing it would offer them the opportunity to access higher-level careers (Harrison et al, 2015).…”

Financial literacy and student attitudes to debt: A cross national study examining the influence of gender on personal finance concepts

“…The questionnaire used was developed from interview data results reported in Harrison, Chudry, Waller, & Hatt (2015). The original questionnaire was piloted in England in December 2012, with a number of subsequent refinements made.…”

Student budgets and widening participation: Comparative experiences of finance in low and higher income undergraduates at a northern red brick university

“…Whilst it is not possible to determine how many lower income students were put off by the post‐2012 changes, the relationship between debt aversion and university entry may have been overstated, and graduate numbers have not demonstrated a decline (c.f., Antonucci, ; Callender & Mason, ; Harrison, Chudry, Waller, & Hatt, ; Hordósy & Clark, in press; Jones, ; Usher, ). However, the debt associated with the cost of tuition is compounded by the cost of living whilst at university—and there is a growing evidence base, both in the UK and elsewhere, to suggest that these costs can have a detrimental impact on performance and retention (Dougherty & Callender, ; Goldrick‐Rab, ; Richardson, Elliott, Roberts, & Jansen, ).…”