X hits on this document

PDF document

The Characteristics Associated with Student - page 43 / 94

288 views

0 shares

0 downloads

0 comments

43 / 94

Significant

0.01

0.06

0.28

Significant

0.01

0.06

0.30

Significant Significant

0.00 0.00

0.04 0.03

0.02 -0.26

Significant

0.00

0.03

-0.14

Significant

0.00

0.02

-0.23

Significant

0.00

0.02

-0.17

Significant

0.00

0.02

-0.23

Not significant

N/A

N/A

N/A

Not significant

N/A

N/A

N/A

Not significant

N/A

N/A

N/A

Not significant

N/A

N/A

N/A

Interestingly, though college GPA has the strongest relationship to default of any variable in the study, Class Rank, based upon borrowers’ GPAs in high school, is not strongly related to default. This situation could not exist if there was an extremely strong correlation between high school and college performance. But some students who had poor or average performances in high school achieve high GPAs in college and other students who ranked near the top of their classes in high school end up doing poorly in college. While it is perhaps disappointing that high school achievement is not a good predictor of success in college (or success in student loan repayment), it is heartening that some students can overcome their pasts and succeed in college (and in loan repayment). Furthermore, it appeals to common sense that outcomes such as graduation or loan repayment would depend more heavily upon the student performance that occurred shortly before the outcomes. In fact, as it turns out, High School Class Rank is of limited usefulness when the college GPA of a borrower is known. For the borrowers within any given category of college GPA (see the default table in the GPA subsection), knowing their high school class ranks adds no

Credits

Number of High School Biology Credits Number of High School Chemistry Credits Number of High School Foreign Language Credits

SAT Equivalency Score Number of High School Advanced Math Credits Number of High School Algebra II Credits Number of Advanced Placement Credits Number of High School Geometry Credits Number of High School English Credits Number of High School Computer Science Credits Number of High School Algebra I Credits Recommended High School Program

High School Class Rank Percentile

In general, the higher the class rank of a borrower, the less likely the borrower is to default. Borrowers with class ranks below the 25th percentile have a 12.8 percent default rate, compared to a 3.2 percent default rate for borrowers at or above the 90th percentile. With one exception, each group of successively higher class ranks has a lower default rate than the preceding group. Borrowers with class ranks between the 25th and 89th percentile have default rates ranging from 4.2 percent to 7.0 percent. However, there is not a statistically significant difference between the rates for the “25% - 49.9%” group and the “50% - 59.9%” group. Nor are there significant differences between the groups that occupy the 60th to the 89th percentiles. While Class Rank has the strongest association to default of any variable in the Preparedness section, the relationship is still relatively weak compared to other variables in the study.

40

0.06

0.06

0.00

  • -

    0.03

  • -

    0.03

  • -

    0.02

  • -

    0.02

  • -

    0.02 N/A N/A N/A N/A

Document info
Document views288
Page views288
Page last viewedTue Dec 06 13:15:46 UTC 2016
Pages94
Paragraphs7456
Words29247

Comments