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The economics of student loan borrowing and repayment

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  • Wenli Li

Abstract

Reports in the popular press and policymakers? concerns about student loans have greatly intensified in recent years because of rising student loan balances and defaults. Even greater cause for concern arose as student loans outstanding passed credit card debt to become the single largest nonmortgage household debt in 2012. Worries about the risk of massive default have even prompted a comparison with the subprime mortgage crisis

Suggested Citation

  • Wenli Li, 2013. "The economics of student loan borrowing and repayment," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 1-10.
    • Handle: RePEc:fip:fedpbr:y:2013:i:q3:p:1-10
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2013/q3/brq313_economics-of-student-loan-borrowing-and-repayment.pdf
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    References listed on IDEAS

    as
    1. Felicia Ionescu, 2011. "The Interplay Between Different Types of Unsecured Credit and Amplification of Consumer Default," 2011 Meeting Papers 912, Society for Economic Dynamics.
    2. Rothstein, Jesse & Rouse, Cecilia Elena, 2011. "Constrained after college: Student loans and early-career occupational choices," Journal of Public Economics, Elsevier, vol. 95(1), pages 149-163.
    3. Song Han & Geng Li, 2011. "Household Borrowing after Personal Bankruptcy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(2‐3), pages 491-517, March.
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    Cited by:

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    2. Goldhaber, Dan & Krieg, John & Theobald, Roddy, 2020. "Effective like me? Does having a more productive mentor improve the productivity of mentees?," Labour Economics, Elsevier, vol. 63(C).

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