Repayment Rates and Student Demographics in Higher Education
Explore the correlations between 5-year repayment rates, percentage of students receiving Pell grants, and SAT Math scores in higher education institutions. Data analysis reveals significant relationships that impact student loan repayment outcomes.
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Presentation Transcript
5-Year Repayment Rate vs Percentage of Borrowers who Receive Pell Correlation Coefficient: -0.8496 1 .8 5-Year Repayment Rate .6 .4 .2 0 0 .2 .4 .6 .8 1 Percent of Borrowers Receiving Pell Source: College Scorecard, Unit of analysis: OPEID6, R^2= 0.7218, N=3,865, Red line represents line of best fit (Y=-0.9233 X + 1.12), Units in decimals
5-Year Repayment Rate for Borrowers Receiving Pell vs 5-Year Repayment Rate for Borrowers who do not Receive Pell Correlation Coefficient: 0.8875 Source: College Scorecard, Unit of analysis: OPEID6, R^2= 0.7876, N=3,364, Green line represents line of best fit (Y=1.1X - 0.26 ), Red line represents y=x, Units in decimals
5-Year Repayment Rate vs SAT Math Midpoint Scores Correlation Coefficient: 0.6643 1 .8 5-Year Repayment Rate .6 .4 .2 0 300 400 500 600 700 800 SAT Math Midpoint Scores Source: College Scorecard, Unit of analysis: IPEDS unitid, R^2=0.4412, N= 1,187, Red line represents line of best fit (Y= 0.0013 X - 0.017), x-axis starts at 300, Percent Pell represented in decimals
Percent of Students Receiving Pell vs SAT Math Midpoint Scores Correlation Coefficient: -0.7073 1 Percent of Students Receiving Pell .8 .6 .4 .2 0 300 400 500 600 700 800 SAT Math Midpoint Scores Source: College Scorecard, Unit of analysis: IPEDS unitid, R^2=0.5003, N= 1,201, Red line represents line of best fit (Y= -0.0014 X + 1.108), x-axis starts at 300, Percent Pell represented in decimals
