Working Paper
The Effect of Student Loan Payment Burdens on Borrower Outcomes
WP 24-08 – Rising student loan debt and concerns over unaffordable payments provide a rationale for the broad class of “income-driven repayment” (IDR) plans for federal student loans.
Featured Work
Report
Special Four-Report Series on Student Loan Payments Resumption
In a four-part series of special reports, the Federal Reserve Bank of Philadelphia studies the financial and economic impacts of the federal student loan payments resumption.
Report
Back in the Loan Game: What Can We Expect from the Student Loan Payment Resumption?
The student loan repayment landscape has evolved rapidly, with many borrowers resuming payments for the first time since the payment pause began in April 2020. Here we analyze current publicly available payments data and share insights from a July 2023 survey by the Consumer Finance Institute (CFI).
Working Paper
The Racial Wealth Gap, Financial Aid, and College Access
WP 22-32 – We examine how the racial wealth gap interacts with financial aid in American higher education to generate a disparate impact on college access and outcomes.