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US Bank Lending Interest Rate vs US College Enrollment
US Bank Lending Interest Rate and US College Enrollment correlate at r = -0.61 over 38 years (1971–2021), p < 0.0001. With the time trend removed, r = -0.09. Interpret with caution.
Verdict: Interpret with caution. Much of the apparent link is driven by a shared time trend: r falls from -0.61 to -0.09 once the trend is removed.
- Pearson r
- -0.61
- p-value
- < 0.0001
- Years compared (n)
- 38 (1971–2021)
- 95% confidence interval
- -0.78 to -0.36
- Correlation with the time trend removed
- -0.09
Sources
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
- US College Enrollment (% gross): World Bank. US College Enrollment (World Bank indicator SE.TER.ENRR).
Related pairs
- US Nuclear Power Generation vs US College Enrollment (r = +0.97)
- US Median Age vs US College Enrollment (r = +0.96)
- US Life Expectancy vs US College Enrollment (r = +0.94)
- US Infant Mortality vs US College Enrollment (r = -0.94)
- US Population vs US College Enrollment (r = +0.93)
- US College Enrollment vs US Urban Population (r = +0.93)
Correlation does not imply causation. How the verdict is worked out.