We also make use of two additional variables-living at home and paid work during term-time-that capture two possible ways in which students can reduce or avoid the need for loans. Living at home while at university is divided into three categories: never, partially and always. The middle category includes all those who entered higher education at wave 6 and changed accommodation in wave 7. Similarly, the variable coding for work during term-time includes a category for irregular work.
The models presented below use probit for consistency. Part of this research aims at analysing the importance of the nature of student loans. Læs videre “A description of tuition and maintenance loan take-up”