Bound Volume Number
Honors Capstone Project
Date of Submission
Prof. Perry Singleton
Prof. Jeff Kubik
Arts and Science
student debt, entrepreneurship, youth employment, economic growth
Capstone Prize Winner
Won Capstone Funding
Behavioral Economics | Growth and Development
This paper discusses the topical issue of rising student debt and the effect it has on employment decisions, particularly entrepreneurship. This paper aims to analyze this relationship using labor economic theories on investing and saving, labor decisions and risk aversion. Additionally, it discusses the role of entrepreneurship on economic growth and globalization using both historical and present-day data gathered from the National Longitudinal Survey of Youth (1997—2011), The Kauffman Research Center, and the US Department of Education.
Medina, Lidia P., "An Indentured Generation? The Effect of Student Debt on Entrepreneurship in the United States" (2015). Syracuse University Honors Program Capstone Projects. 833.
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