ABOUT Project
Is college education the best investment after high school? How much will that investment cost? If student loan debt is inevitable, how much can I expect to pay given my demographic? We hope to answer these questions and more throughout this project by performing a detailed analysis on a dataset collected and published by Adam Looney at Brookings, a nonprofit public policy organization based in Washington, DC.
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Issues with student loans and financial aid touch nearly every college applicant across the nation. Tuition has increased exponentially over the last 50 years. This project is interesting because we hope to predict several key indicators like Overall Outstanding Principal Balance and Overall Repayment Rate for schools provided in the dataset. Additionally, we hope to predict student loan debt given indicators like the parent’s adjusted gross income (AGI) or an independent student’s AGI when applying to college.
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The beneficiaries of this project will be any college applicant looking to find information about student loan data given a school. This project will also give applicants an idea of what may be expected, given their financial makeup, regarding student loans at an institution.
RESEARCH INTERESTS
Data Mining
Data Analytics
Classifiers
Predictors