In addition, previous studies have established that students’ awareness towards
education debt has been being influenced by their peers, friends, professionals (Flint,
1997; Thein & Herr, 2001) and media in general (Dynarski, 1994). As of date, there has
been no thorough investigation on the ways in which media—such as such as
newspapers, television, radio and the internet—influence awareness towards loan
repayment issues. Other important factors include students’ perceptions of impacts of
loans following graduation, all of which have been found in the previous studies to
delay an educational loan repayment; however, thus far, no study has examined the link
between perceptions concerning the impact of loan following graduation with students’
attitude towards loan repayment. Furthermore, there is so far no clear conceptual model
which integrates all of the aforementioned factors.