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Author:Turner, Sarah 

Briefing
The Potential Impact of Public Service Student Loan Forgiveness in the Fifth District

The Public Service Loan Forgiveness program offers government and nonprofit workers relief from outstanding federal loans after 10 years of employment. In October 2021, the Department of Education temporarily waived certain requirements, making many public service workers retroactively eligible for loan relief. This waiver expires on Oct. 31, 2022, creating a risk that many eligible beneficiaries will not access benefits. The program may be especially important in the Fifth District, which has a higher share of public service workers than the U.S. as a whole.
Richmond Fed Economic Brief , Volume 22 , Issue 29

Briefing
Transitioning from High School to College: Differences across Virginia

In Virginia, there are substantial differences across school districts in college enrollment and, conditional on college enrollment, attendance at high-resource colleges and universities. School districts in low-income and relatively rural areas tend to demonstrate the weakest outcomes, but income and geography do not fully account for the observed differences. Whether limited enrollment at a broad range of colleges arises from gaps in academic preparation, difficulty in navigating the application process, or individual preference matters greatly for public policy.
Richmond Fed Economic Brief , Issue December

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