Finance and Economics Discussion Series: Accessible versions of figures for 2017-032

Where Credit is Due: The Relationship between Family Background and Credit Health

Accessible version of figures


Figure 1

Dad

BA Plus

x-axis y-axis
241.8 0.0003013
255.6 0.0004373
269.5 0.0005527
283.3 0.0006414
297.2 0.0006955
311.0 0.0007071
324.9 0.0006663
338.7 0.0005626
352.6 0.0005098
366.4 0.0004975
380.3 0.0004870
394.1 0.0004848
407.9 0.0005038
421.8 0.0005219
435.6 0.0005373
449.5 0.0005555
463.3 0.0005760
477.2 0.0005923
491.0 0.0006294
504.9 0.0006669
518.7 0.0007116
532.5 0.0007804
546.4 0.0008811
560.2 0.0010015
574.1 0.0010992
587.9 0.0011759
601.8 0.0012485
615.6 0.0013219
629.5 0.0014172
643.3 0.0014976
657.1 0.0015546
671.0 0.0016152
684.8 0.0017106
698.7 0.0018432
712.5 0.0019983
726.4 0.0022394
740.2 0.0026090
754.1 0.0031444
767.9 0.0038236
781.7 0.0043916
795.6 0.0047375
809.4 0.0047592
823.3 0.0044310
837.1 0.0037989
851.0 0.0029556
864.8 0.0020412
878.7 0.0011906
892.5 0.0005972
906.4 0.0002476
920.2 0.0000701


Dad

Less than College

x-axis y-axis
236.0 0.0006990
250.2 0.0009480
264.3 0.0011575
278.4 0.0013183
292.6 0.0014242
306.7 0.0014683
320.9 0.0014490
335.0 0.0013506
349.2 0.0011477
363.3 0.0010065
377.4 0.0009554
391.6 0.0009291
405.7 0.0009125
419.9 0.0008882
434.0 0.0008596
448.2 0.0008419
462.3 0.0008446
476.4 0.0008861
490.6 0.0009549
504.7 0.0010315
518.9 0.0011096
533.0 0.0012040
547.1 0.0012944
561.3 0.0013847
575.4 0.0014471
589.6 0.0014938
603.7 0.0015189
617.9 0.0015387
632.0 0.0015602
646.1 0.0015680
660.3 0.0015716
674.4 0.0015732
688.6 0.0016096
702.7 0.0016826
716.8 0.0018248
731.0 0.0020212
745.1 0.0023177
759.3 0.0026267
773.4 0.0028747
787.6 0.0030106
801.7 0.0029822
815.8 0.0027941
830.0 0.0024650
844.1 0.0020242
858.3 0.0015251
872.4 0.0010275
886.6 0.0005776
900.7 0.0002743
914.8 0.0001023
929.0 0.0000240


Mom

BA Plus

x-axis y-axis
239.2 0.0003355
253.2 0.0004683
267.1 0.0005868
281.1 0.0006760
295.0 0.0007296
309.0 0.0007493
322.9 0.0007296
336.9 0.0006581
350.8 0.0005698
364.8 0.0005406
378.7 0.0005346
392.7 0.0005360
406.6 0.0005479
420.6 0.0005626
434.5 0.0005615
448.5 0.0005686
462.4 0.0006017
476.4 0.0006383
490.3 0.0006764
504.3 0.0007038
518.2 0.0007450
532.2 0.0008047
546.1 0.0008966
560.1 0.0009943
574.0 0.0010620
588.0 0.0011124
601.9 0.0011888
615.9 0.0012684
629.8 0.0013566
643.8 0.0014151
657.7 0.0014745
671.7 0.0015399
685.6 0.0016480
699.6 0.0017901
713.5 0.0020018
727.5 0.0023055
741.4 0.0027318
755.4 0.0032836
769.3 0.0038754
783.3 0.0043067
797.2 0.0045419
811.2 0.0044785
825.1 0.0041365
839.1 0.0035338
853.0 0.0027705
867.0 0.0019624
880.9 0.0012010
894.9 0.0006285
908.8 0.0002866
922.8 0.0000867


Mom

Less than College

x-axis y-axis
237.5 0.0006586
251.6 0.0009046
265.7 0.0011097
279.7 0.0012620
293.8 0.0013604
307.9 0.0013913
322.0 0.0013472
336.1 0.0012257
350.1 0.0010191
364.2 0.0009274
378.3 0.0008876
392.4 0.0008701
406.5 0.0008596
420.6 0.0008393
434.6 0.0008135
448.7 0.0007925
462.8 0.0007827
476.9 0.0008139
491.0 0.0008764
505.0 0.0009540
519.1 0.0010329
533.2 0.0011302
547.3 0.0012378
561.4 0.0013552
575.5 0.0014429
589.5 0.0015003
603.6 0.0015395
617.7 0.0015653
631.8 0.0015964
645.9 0.0016123
660.0 0.0016155
674.0 0.0016205
688.1 0.0016493
702.2 0.0017100
716.3 0.0018429
730.4 0.0020276
744.4 0.0023254
758.5 0.0026814
772.6 0.0030041
786.7 0.0032088
800.8 0.0032240
814.9 0.0030503
828.9 0.0027104
843.0 0.0022411
857.1 0.0016896
871.2 0.0011282
885.3 0.0006240
899.3 0.0002885
913.4 0.0001016
927.5 0.0000218


Max Pell

0 <= Pell Grant < Max

x-axis y-axis
242.0 0.0004149
255.9 0.0006064
269.8 0.0007729
283.7 0.0008986
297.6 0.0009666
311.5 0.0009665
325.4 0.0008913
339.3 0.0007517
353.2 0.0006905
367.1 0.0006649
381.0 0.0006492
394.9 0.0006491
408.8 0.0006599
422.7 0.0006677
436.6 0.0006641
450.5 0.0006502
464.4 0.0006491
478.3 0.0006708
492.2 0.0007173
506.1 0.0007723
520.0 0.0008448
533.9 0.0009418
547.8 0.0010630
561.7 0.0011859
575.6 0.0012947
589.4 0.0013667
603.3 0.0014253
617.2 0.0014736
631.1 0.0015243
645.0 0.0015622
658.9 0.0015807
672.8 0.0016089
686.7 0.0016624
700.6 0.0017694
714.5 0.0019202
728.4 0.0021652
742.3 0.0025155
756.2 0.0030238
770.1 0.0036041
784.0 0.0040584
797.9 0.0042821
811.8 0.0041939
825.7 0.0037958
839.6 0.0031493
853.5 0.0023607
867.4 0.0015349
881.3 0.0008369
895.2 0.0003839
909.1 0.0001385
923.0 0.0000346


Max Pell

Maximum Pell Grant

x-axis y-axis
227.3 0.0010932
241.4 0.0013698
255.6 0.0015953
269.7 0.0017959
283.8 0.0019571
298.0 0.0020657
312.1 0.0021068
326.2 0.0020708
340.4 0.0019487
354.5 0.0017258
368.6 0.0014238
382.7 0.0012292
396.9 0.0011716
411.0 0.0011362
425.1 0.0011182
439.3 0.0011020
453.4 0.0010806
467.5 0.0010778
481.7 0.0011029
495.8 0.0011403
509.9 0.0011996
524.0 0.0012646
538.2 0.0013209
552.3 0.0013534
566.4 0.0013857
580.6 0.0014242
594.7 0.0014567
608.8 0.0014790
623.0 0.0014940
637.1 0.0015093
651.2 0.0015163
665.3 0.0015061
679.5 0.0015136
693.6 0.0015374
707.7 0.0015896
721.9 0.0016618
736.0 0.0017475
750.1 0.0018139
764.3 0.0018398
778.4 0.0018218
792.5 0.0017618
806.6 0.0016563
820.8 0.0015027
834.9 0.0013178
849.0 0.0011023
863.2 0.0008639
877.3 0.0006297
891.4 0.0004235
905.6 0.0002457
919.7 0.0001185


Any Pell

No Pell Grant

x-axis y-axis
242.0 0.0003529
255.9 0.0005164
269.8 0.0006564
283.7 0.0007658
297.6 0.0008245
311.5 0.0008273
325.4 0.0007665
339.3 0.0006524
353.2 0.0006004
367.1 0.0005785
381.0 0.0005649
394.9 0.0005615
408.8 0.0005737
422.7 0.0005893
436.6 0.0005986
450.5 0.0006011
464.4 0.0006182
478.3 0.0006488
492.2 0.0007028
506.1 0.0007529
520.0 0.0008145
533.9 0.0009042
547.8 0.0010189
561.7 0.0011399
575.6 0.0012487
589.4 0.0013283
603.3 0.0014018
617.2 0.0014683
631.1 0.0015371
645.0 0.0015890
658.9 0.0016186
672.8 0.0016489
686.7 0.0017015
700.6 0.0018022
714.5 0.0019474
728.4 0.0022070
742.3 0.0025828
756.2 0.0031199
770.1 0.0037520
784.0 0.0042500
797.9 0.0044960
811.8 0.0044172
825.7 0.0040072
839.6 0.0033263
853.5 0.0024989
867.4 0.0016352
881.3 0.0008972
895.2 0.0004166
909.1 0.0001568
923.0 0.0000415


Any Pell

Pell Grant

x-axis y-axis
232.6 0.0008878
246.6 0.0011656
260.7 0.0013926
274.8 0.0015758
288.9 0.0017089
303.0 0.0017841
317.0 0.0017876
331.1 0.0017128
345.2 0.0015429
359.3 0.0012747
373.4 0.0011324
387.4 0.0010902
401.5 0.0010600
415.6 0.0010265
429.7 0.0009868
443.8 0.0009542
457.8 0.0009444
471.9 0.0009530
486.0 0.0009821
500.1 0.0010331
514.1 0.0010884
528.2 0.0011662
542.3 0.0012385
556.4 0.0013267
570.5 0.0013916
584.5 0.0014324
598.6 0.0014596
612.7 0.0014808
626.8 0.0014952
640.9 0.0014997
654.9 0.0015097
669.0 0.0015208
683.1 0.0015391
697.2 0.0015979
711.2 0.0016978
725.3 0.0018452
739.4 0.0020428
753.5 0.0022329
767.6 0.0023833
781.6 0.0024691
795.7 0.0024429
809.8 0.0023138
823.9 0.0021031
838.0 0.0018130
852.0 0.0014706
866.1 0.0011041
880.2 0.0007462
894.3 0.0004257
908.4 0.0002046
922.4 0.0000753

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Figure 2

BA Plus

x-axis y-axis
452.2 0.0000040
476.4 0.0000085
500.6 0.0000122
524.8 0.0000227
549.0 0.0000390
573.2 0.0000581
597.4 0.0000942
621.6 0.0001368
645.8 0.0001857
670.0 0.0002376
694.2 0.0003030
718.4 0.0003705
742.6 0.0004518
766.8 0.0005414
791.0 0.0006223
815.1 0.0007062
839.3 0.0008084
863.5 0.0009403
887.7 0.0010888
911.9 0.0012602
936.1 0.0014275
960.3 0.0015929
984.5 0.0017320
1008.7 0.0018626
1032.9 0.0019376
1057.1 0.0020184
1081.3 0.0020745
1105.5 0.0020497
1129.7 0.0020080
1153.9 0.0019187
1178.1 0.0018218
1202.3 0.0016745
1226.5 0.0015318
1250.7 0.0014155
1274.9 0.0012760
1299.0 0.0011690
1323.2 0.0010487
1347.4 0.0009280
1371.6 0.0008196
1395.8 0.0006983
1420.0 0.0005766
1444.2 0.0004622
1468.4 0.0003757
1492.6 0.0002993
1516.8 0.0002356
1541.0 0.0001824
1565.2 0.0001348
1589.4 0.0000866
1613.6 0.0000521
1637.8 0.0000232


Less than College

x-axis y-axis
395.6 0.0000171
420.9 0.0000389
446.2 0.0000606
471.5 0.0000810
496.8 0.0001084
522.0 0.0001516
547.3 0.0002057
572.6 0.0002614
597.9 0.0003382
623.2 0.0004322
648.4 0.0005580
673.7 0.0006925
699.0 0.0008470
724.3 0.0009931
749.6 0.0011393
774.8 0.0012897
800.1 0.0015005
825.4 0.0016899
850.7 0.0018460
876.0 0.0019487
901.2 0.0020142
926.5 0.0020488
951.8 0.0020437
977.1 0.0020027
1002.4 0.0019305
1027.6 0.0018577
1052.9 0.0017562
1078.2 0.0016807
1103.5 0.0015679
1128.8 0.0013893
1154.0 0.0011918
1179.3 0.0010373
1204.6 0.0008971
1229.9 0.0007866
1255.2 0.0006983
1280.4 0.0005932
1305.7 0.0004837
1331.0 0.0003861
1356.3 0.0002905
1381.6 0.0002111
1406.8 0.0001477
1432.1 0.0000999
1457.4 0.0000665
1482.7 0.0000506
1508.0 0.0000392
1533.2 0.0000309
1558.5 0.0000221
1583.8 0.0000127
1609.1 0.0000064
1634.4 0.0000031


No Pell Grant

x-axis y-axis
394.6 0.0000071
419.9 0.0000134
445.2 0.0000204
470.5 0.0000254
495.9 0.0000345
521.2 0.0000502
546.5 0.0000762
571.8 0.0001084
597.2 0.0001656
622.5 0.0002344
647.8 0.0003049
673.1 0.0003802
698.4 0.0004659
723.8 0.0005615
749.1 0.0006804
774.4 0.0008210
799.7 0.0009636
825.1 0.0011023
850.4 0.0012332
875.7 0.0013734
901.0 0.0015145
926.4 0.0016522
951.7 0.0017585
977.0 0.0018439
1002.3 0.0018880
1027.7 0.0019299
1053.0 0.0019457
1078.3 0.0019235
1103.6 0.0018697
1129.0 0.0017661
1154.3 0.0016339
1179.6 0.0014917
1204.9 0.0013632
1230.3 0.0012393
1255.6 0.0011396
1280.9 0.0010294
1306.2 0.0009350
1331.6 0.0008172
1356.9 0.0006952
1382.2 0.0005820
1407.5 0.0004620
1432.8 0.0003568
1458.2 0.0002734
1483.5 0.0002149
1508.8 0.0001652
1534.1 0.0001354
1559.5 0.0001034
1584.8 0.0000691
1610.1 0.0000404
1635.4 0.0000181


Pell Grant

x-axis y-axis
390.8 0.0000126
415.1 0.0000300
439.3 0.0000470
463.6 0.0000806
487.8 0.0001213
512.1 0.0001732
536.3 0.0002472
560.6 0.0003136
584.8 0.0004160
609.1 0.0005300
633.3 0.0006550
657.6 0.0007835
681.9 0.0009016
706.1 0.0010333
730.4 0.0011445
754.6 0.0012494
778.9 0.0013707
803.1 0.0015082
827.4 0.0016461
851.6 0.0017672
875.9 0.0018426
900.1 0.0018998
924.4 0.0019182
948.6 0.0018800
972.9 0.0018423
997.1 0.0018060
1021.4 0.0017498
1045.6 0.0016721
1069.9 0.0016068
1094.1 0.0015292
1118.4 0.0013932
1142.6 0.0012539
1166.9 0.0011384
1191.1 0.0010062
1215.4 0.0008710
1239.6 0.0007631
1263.9 0.0006475
1288.1 0.0005177
1312.4 0.0004039
1336.7 0.0003187
1360.9 0.0002465
1385.2 0.0001985
1409.4 0.0001644
1433.7 0.0001415
1457.9 0.0001144
1482.2 0.0000928
1506.4 0.0000748
1530.7 0.0000514
1554.9 0.0000297
1579.2 0.0000106

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Figure 3

Prime

x-axis y-axis
425.6 0.0000078
450.3 0.0000118
475.0 0.0000207
499.7 0.0000322
524.3 0.0000447
549.0 0.0000663
573.7 0.0000994
598.3 0.0001537
623.0 0.0002118
647.7 0.0002823
672.3 0.0003403
697.0 0.0003945
721.7 0.0004681
746.3 0.0005777
771.0 0.0007089
795.7 0.0008627
820.3 0.0010476
845.0 0.0012023
869.7 0.0013504
894.3 0.0014670
919.0 0.0015695
943.7 0.0016387
968.3 0.0017313
993.0 0.0018059
1017.7 0.0019054
1042.3 0.0019564
1067.0 0.0019848
1091.7 0.0019812
1116.3 0.0019028
1141.0 0.0017898
1165.7 0.0016686
1190.3 0.0015422
1215.0 0.0014215
1239.7 0.0013104
1264.3 0.0011802
1289.0 0.0010385
1313.7 0.0009133
1338.3 0.0007859
1363.0 0.0006645
1387.7 0.0005540
1412.3 0.0004471
1437.0 0.0003483
1461.7 0.0002783
1486.3 0.0002244
1511.0 0.0001805
1535.7 0.0001418
1560.3 0.0001023
1585.0 0.0000637
1609.7 0.0000358
1634.4 0.0000154


Subprime

x-axis y-axis
391.7 0.0000244
416.7 0.0000473
441.7 0.0000722
466.8 0.0001080
491.8 0.0001526
516.8 0.0002227
541.9 0.0003147
566.9 0.0003936
591.9 0.0005177
617.0 0.0006636
642.0 0.0008134
667.0 0.0009762
692.1 0.0011662
717.1 0.0013308
742.1 0.0014569
767.2 0.0015803
792.2 0.0016851
817.2 0.0017488
842.3 0.0018266
867.3 0.0019003
892.3 0.0019834
917.4 0.0020620
942.4 0.0020821
967.4 0.0020362
992.5 0.0019363
1017.5 0.0017848
1042.6 0.0016054
1067.6 0.0014706
1092.6 0.0013354
1117.7 0.0011754
1142.7 0.0010126
1167.7 0.0008578
1192.8 0.0006979
1217.8 0.0005654
1242.8 0.0004818
1267.9 0.0004070
1292.9 0.0003404
1317.9 0.0002816
1343.0 0.0002230
1368.0 0.0001751
1393.0 0.0001306
1418.1 0.0000980
1443.1 0.0000732
1468.1 0.0000522
1493.2 0.0000327
1518.2 0.0000192
1543.2 0.0000147
1568.3 0.0000095
1593.3 0.0000049
1618.3 0.0000040

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Figure 4

Figures 4a and 4b plot the relationship between residualized SAT scores (x-axis) and residualized credit scores (y-axis) according to father’s education and Pell Grant recipiency, respectively. Residuals are obtained by a separate OLS regression for each variable on cohort effects and a constant. Each figure displays two upward sloping lines, indicating that the relationship between SAT scores and credit scores is positive. In Figure 4a, the line that denotes individuals whose fathers have at least a BA is always above the line that denotes individuals whose fathers have less than a BA, though it is also a bit less steep. In Figure 4b, a similar pattern can be observed for individuals who did not receive Pell versus those who did (where the former is always above the latter but also less steep). The discrepancy in slopes is larger for the Pell Grant-based measure of disadvantage.

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Appendix Figure 1

All 2008 Credit Scores for Base Cohort

x-axis y-axis
247.6 0.0012104
261.3 0.0019608
275.1 0.0025058
288.8 0.0027576
302.5 0.0026614
316.2 0.0021917
329.9 0.0015497
343.6 0.0013104
357.3 0.0012218
371.0 0.0011701
384.7 0.0011126
398.4 0.0010334
412.1 0.0009904
425.9 0.0010664
439.6 0.0011448
453.3 0.0011981
467.0 0.0012284
480.7 0.0012344
494.4 0.0012004
508.1 0.0011265
521.8 0.0011771
535.5 0.0012542
549.2 0.0013234
562.9 0.0013683
576.6 0.0014101
590.4 0.0014315
604.1 0.0014302
617.8 0.0014213
631.5 0.0014049
645.2 0.0013972
658.9 0.0013847
672.6 0.0013536
686.3 0.0013303
700.0 0.0013060
713.7 0.0013078
727.4 0.0013725
741.1  
754.9 0.0017883
768.6 0.0021243
782.3 0.0024670
796.0 0.0026925
809.7 0.0027236
823.4 0.0024953
837.1 0.0020419
850.8 0.0014698
864.5 0.0009018
878.2 0.0004709
891.9 0.0001975
905.7 0.0000598
919.4 0.0000194


2008 Credit Scores for SAT Test-takers

x-axis y-axis
241.5 0.0006018
255.4 0.0008578
269.3 0.0010655
283.2 0.0012054
297.2 0.0012739
311.1 0.0012570
325.0 0.0011461
338.9 0.0009366
352.8 0.0008262
366.8 0.0007912
380.7 0.0007671
394.6 0.0007536
408.5 0.0007507
422.4 0.0007419
436.4 0.0007273
450.3 0.0007151
464.2 0.0007218
478.1 0.0007524
492.0 0.0008025
505.9 0.0008565
519.9 0.0009191
533.8 0.0010049
547.7 0.0011186
561.6 0.0012305
575.5 0.0013233
589.5 0.0013842
603.4 0.0014357
617.3 0.0014787
631.2 0.0015245
645.1 0.0015562
659.1 0.0015665
673.0 0.0015890
686.9 0.0016344
700.8 0.0017231
714.7 0.0018556
728.6 0.0020677
742.6 0.0023729
756.5 0.0028113
770.4 0.0032967
784.3 0.0036630
798.2 0.0038263
812.2 0.0037191
826.1 0.0033471
840.0 0.0027683
853.9 0.0020745
867.8 0.0013577
881.8 0.0007434
895.7 0.0003429
909.6 0.0001246
923.5 0.0000299

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