Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 13, 2022 erstellt
Description:
We examine effects on productivity, employment, and debt outcomes among college students whose parents reside in areas that experience disastrous climate events. After disruptions, treated students exhibit poorer academic performance, withdraw from more courses and enroll in fewer STEM courses. Effects of disruption are stronger for middle class students relying on family income to pay for college. Students mostly mitigate financial disruption with additional part-time employment. Ultimately, disrupted students are 7% more likely to default on student loans. We find stronger adverse effects among male and non-white students. Overall, these results shed light on the intra-family consequences of financial stress