Discussion Paper

Who Borrows for College—and Who Repays?


Abstract: Student loans are increasingly a focus of discourse among politicians, policymakers, and the news media, resulting in a range of new ideas to address the swelling aggregate debt. Evaluating student loan policy proposals requires understanding the challenges faced by student borrowers. In this post, we explore the substantial variation in the experiences of borrowers and consider the distributional effects of various policy options.

Keywords: heterogeneity; household finance; consumer credit panel; student loans; ccp;

JEL Classification: D1;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Liberty Street Economics

Publication Date: 2019-10-09

Number: 20191009