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At What Cost? Student Loan Debt in the Bay Area

Author

Listed:
  • Sarika Abbi
  • Jacob DuMez
  • Bina Shrimali

Abstract

For most Americans, an investment in higher education is a key driver of economic security and mobility. However, rapidly rising costs of attendance, combined with stagnant wages and inadequate support systems for vulnerable borrowers have resulted in outcomes that are at odds with our collective vision of higher education as a crucial foundation for achieving the American Dream. This report highlights the local contours of this issue in the nine-county San Francisco Bay Area region, particularly for low-income communities and communities of color, using Federal Reserve Bank of New York Consumer Credit Panel/Equifax Data.

Suggested Citation

  • Sarika Abbi & Jacob DuMez & Bina Shrimali, 2019. "At What Cost? Student Loan Debt in the Bay Area," Community Development Research Brief, Federal Reserve Bank of San Francisco, issue 03, pages 01-52.
    • Handle: RePEc:fip:fedfcb:00005
    DOI: 10.24148/cdrb2019-03
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