This study examines attitudes of Americans toward borrowing to finance educational expenses over the period from 1959 to 1983. The study finds that overall Americans have had a consistently favorable view toward educational loans. However, not all Americans share this general enthusiasm for borrowing. People from low-income backgrounds, in particular, are less likely to have a positive attitude toward borrowing to finance educational expenses than are people from middle- or upper-income backgrounds.
Mortenson, Thomas G.
"Attitudes Toward Educational Loans,"
Journal of Student Financial Aid: Vol. 19
, Article 4.
Available at: https://ir.library.louisville.edu/jsfa/vol19/iss3/4