Jun
19
Today, more than 40 million Americans hold student loans. The U.S. Department of Education reports that more than 8 million federal student loan borrowers—close to 20 percent—are in default and have not made a payment in at least a year. In addition, close to 3 million William D. Ford Federal Direct Loan Program (the largest federal student loan program, commonly known as direct loan) borrowers are more than 30 days delinquent.
Please join us as we launch a new line of work centered around student loans with an expert discussion of which borrowers are most at risk for delinquency and default, what research is needed to address tough questions, and where policymakers should focus their efforts.