Media Advisory
New York Fed to Publish Blog Series on Student Loans
February 12, 2015

On Wednesday, February 18, the Federal Reserve Bank of New York’s Liberty Street Economics blog will begin a 3-part series examining the growth of student loan balances and repayment difficulties borrowers may face.  

The series will run through February 20 and feature the following posts:

“The Student Loan Landscape” looks at the trajectory of student debt since 2004 and will provide updated figures on the distribution of student loan borrowers by age and by average balance, as well as an update on their ability to obtain mortgages.

“Looking at Student Loan Defaults Through a Larger Window” creates cohort default rates and uncovers that performance by cohort worsened in the years leading up to the Great Recession. Moreover, defaults appear to be concentrated among the lowest balance borrowers. 

“Payback time? Measuring Progress on Student Debt Repayment” examines how fast (or slow) student borrowers are able to pay off their loans. The authors find delinquency and default rates might understate the true extent of borrower problems in the student loan market.

Please contact Kevin Sajdak at kevin.sajdak@ny.frb.org for more information.