Community Development Events

$1 Trillion in Student Loan Debt: The Story Behind the Numbers

A Federal Reserve System Connecting Communities® Audioconference
August 29, 2012

Student loan debt now surpasses the $1 trillion mark, and many students struggle to make their payments. Join this audioconference to learn about:

• The drivers of the rising levels of student loan debt
• The reasons contributing to the increased volume of student loan delinquencies and defaults
• The segment of student populations that may be especially impacted
• Initiatives to address the needs of student borrowers

Speakers

• Sandy Baum, Senior Fellow, Graduate School of Education and Human Development, The George Washington University
• Rohit Chopra, Student Loan Ombudsman, Consumer Financial Protection Bureau
• Ajita Talwalker, Senior Policy Advisor, Office of the Undersecretary, Department of Education

Date and Time

• Wednesday, August 29
  2 p.m.–3:15 p.m. CDT

Location

• This is an audioconference. Registration is required. Once registered, you will receive an email containing the call-in information.

Registration

• Register online
• For registration questions, please contact Amy Vaughn at 314-444-8914 or amy.d.vaughn@stls.frb.org.

Ask the Speakers Questions

• For questions for the speakers BEFORE the call, email communities@stls.frb.org by Monday, Aug. 27.
• For questions for the speakers DURING the call, email communities@stls.frb.org, and we will cover as many of them as possible during the Q&A session.

Resources on Student Loan Debt and Tuition Assistance—National

• CollegeBoard
• Community College Research Center, Institute on Education and the Economy, Teachers College, Columbia University
• Consumer Financial Protection Bureau, "Private Student Loans," report to the Senate Committee on Banking, Housing and Urban Affairs; Senate Committee on Health, Education, Labor and Pensions; House Committee on Financial Services; and House Committee on Education and the Workforce, July 20, 2012
• Federal Reserve Bank of Kansas City, "Student Loans: Overview and Issues,", August 2012
• Federal Reserve Bank of Kansas City, Tenth District Consumer Credit Report, Fourth Quarter 2011
• Federal Reserve Bank of New York, Quarterly Report on Household Debt and Credit
• FinAid: The SmartStudent Guide to Financial Aid
• Institute for Higher Education Policy
• National Consumer Law Center
• U.S. Department of Education
• U.S. Department of Education, Advisory Committee on Student Financial Assistance
• U.S. Department of the Treasury, Financial Literacy and Education Commission