| Abstract : |
A lot of attention has been paid in recent years to the individual issues of student debt and graduate entrepreneurship, both in the UK and abroad, and the synthesis of this information as provided by this report goes some way towards identifying what is already known about the subject and what still requires further work.
That said, the issue of how levels of graduate entrepreneurship are affected by the debt incurred during Higher Education is one that has received little attention in current scholarship. Moreover, most of the research that has been conducted on this topic is highly polarised: it either deals with student debt or graduate entrepreneurship, but does not investigate any correlation between the two. To compound matters further, there is also a lot of controversy surrounding many of the factors involved, and as a result the literature that exists can often be polemical in nature, using statistics to argue a case rather than presenting an objective perspective. The purpose of this report is to provide a foundation for further research in this sphere.
The scope and the subject matter of this report is justified by the fact that there is a well documented positive correlation, in the UK as well as abroad, between academic achievement and levels of entrepreneurship. Graduates are not only more likely to be entrepreneurs than non-graduates, the businesses they establish are also more likely to be successful than those set up by people lacking their levels of education.
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