https://github.com/emmarhoffmann/analysis-of-student-debt-among-first-generation-college-students

Explores the financial landscape of first-generation college students, analyzing patterns in student debt based on factors like median income, net price of attendance, and enrollment size.
https://github.com/emmarhoffmann/analysis-of-student-debt-among-first-generation-college-students

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Explores the financial landscape of first-generation college students, analyzing patterns in student debt based on factors like median income, net price of attendance, and enrollment size.

• Host: GitHub
• URL: https://github.com/emmarhoffmann/analysis-of-student-debt-among-first-generation-college-students
• Owner: emmarhoffmann
• Created: 2024-09-05T20:19:05.000Z (5 months ago)
• Default Branch: main
• Last Pushed: 2024-09-09T13:58:34.000Z (4 months ago)
• Last Synced: 2024-09-09T16:53:59.170Z (4 months ago)
• Homepage:
• Size: 608 KB
• Stars: 0
• Watchers: 1
• Forks: 0
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

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README

        
# Analysis of Student Debt Among-First-Generation College Students

## Overview

This project investigates the disparities in student debt among first-generation college students. It uses statistical analysis to explore how factors such as college locale, median income, and enrollment size impact student debt across different percentiles of first-generation student populations. The analysis is performed using R, with various graphs and statistical methods to support conclusions.

## Key Questions

- How is student debt distributed among first-generation student percentiles?

- What is the correlation between first-generation student percentage and student debt?

- How do median income, enrollment size, and locale affect student debt?

  

## Hypothesis

Significant disparities exist in student debt levels among first-generation students, influenced by multiple factors identifiable through statistical analysis.

## Methodology

The dataset consists of variables like FirstGen, Debt, MedIncome, NetIncome, Enrollment, Locale, and State. The analysis involves data cleaning, descriptive statistics, and graphical representation using R.

## Results

- **Debt Variation**: Debt increases with higher first-generation student percentages.

- **Income Influence**: Higher median income correlates with lower debt levels.

- **Enrollment**: Larger colleges tend to have higher student debt.

- **State-Level Analysis**: Significant variation in debt and first-generation student percentage across states.

## Files

- `Analysis Scripts.Rmd`: Contains the R code used for the analysis.

- `Analysis Report.pdf`: Detailed report of the findings.

## Conclusion

This project highlights the financial challenges faced by first-generation college students and provides data-driven insights that could inform policies to reduce student debt disparities.

## References

- Data sourced from Lock5stat.com datasets.