Student Loan Debt Call-in Session
Student loans have received considerable media attention in recent months as researchers and policymakers voice growing concern about the heavy debt loads assumed by students and their parents. Overall student loan debt now exceeds $1 trillion. Both college enrollments and the costs of attendance are increasing and are expected to continue to rise. While such loans support the education of millions of students nationwide, observers debate the short- and long-term implications of this trend. Join community development practitioners, policymakers, and academics from across the country at 3 p.m. ET Wednesday, August 29, for a Federal Reserve call-in session to learn more.
The session will focus on the drivers of student loan debt, factors contributing to increased student loan delinquencies and defaults, student population segments that may be especially affected, and initiatives to address the needs of student borrowers. Session presenters will include:
This event is part of the Federal Reserve’s Connecting Communities series, which is a national initiative intended to provide community development practitioners, financial institution representatives, policymakers, and others with timely information on emerging and important community and economic development topics.