How the Cost of College Affected Foreclosures During the Great Recession - Russell Sage

A new report in Demography by RSF grantees Jacob Faber and Peter Rich (New York University) examines how skyrocketing college tuitions may have affected home foreclosures during the Great Recession. Their study draws from data on intergenerational mobility constructed by RSF grantees Raj Chetty and Nathaniel Hendren (Harvard University). “We investigate a potential source of family financial overextension: the cost of sending children to college,” the authors write. https://www.russellsage.org/news/how-cost-college-affected-foreclosures-during-great-recession