Biden student loan relief plan allows increased borrowing, less repayment
The Biden plan is expected to boost participation in the income-driven repayments that lower the payment burden. Imposing a cap on a borrower’s income to qualify for cancellation or increasing the cancellation amount for low-income borrowers could alleviate the regressive nature of broad loan cancellation.
September 27, 2022
Research Department Working Papers
A Rescue or a Trap?—An Analysis of Parent PLUS Student Loans
Parents taking out loans for their children’s college educations may face an excessive debt burden that jeopardizes their own financial security. This paper examines the experience of Parent Loan for Undergraduate Students (PLUS) borrowers using administrative data from a large student loan guaranty agency.
September 09, 2022
Research Department Working Papers
The Impact of Minority Representation at Mortgage Lenders
This paper studies links between the labor market for loan officers and access to mortgage credit.
June 21, 2022
Pandemic mortgage relief headed off delinquencies, but what happens now?
As more Texas mortgages exit forbearance, ZIP codes with larger vulnerability will be at particular risk for financial stress.
February 25, 2022
The Federal Reserve is updating the Community Reinvestment Act. Here’s how you can help
Whether you are a community-service organization member, an economic development professional or simply interested in helping communities in our region thrive, your comments and ideas are a critical part of ensuring an inclusive financial services industry.
January 13, 2021
Southwest Economy, Fourth Quarter 2020
Go Figure: Loan Delinquencies Start to Climb After Falling with Stimulus and Relief
COVID-19 stimulus and loan relief helped Texas borrowers avoid falling behind on loan payments in 2020's second quarter.
December 21, 2020
Texas subprime borrowers rely on unconventional home loans
How do low- and moderate-income Texans fare in becoming homeowners?
November 20, 2019
Texas Consumer Credit Series
Student Loans Part 1: Get the Numbers Right
Student loan borrowing presents an exception to the trend of lower household debt since the recent recession. The total amount of student loan debt almost tripled in a decade, from about $346 billion in fourth quarter 2004 to $1.12 trillion in second quarter 2014, based on the Federal Reserve Bank of New York Consumer Credit Panel/Equifax data.
November 18, 2016
Texas Consumer Credit Series
Student Loans Part 2: Borrowing for a Future
While rising student debt remains a source of concern in the U.S., student loans nevertheless play an important role in financing higher education. The number of student borrowers in Texas and the amount borrowed continue to climb, as shown in Part 1 of the Federal Reserve Bank of Dallas' analysis of student loan activity in the state. Even so, Texans have low student loan debt compared with borrowers across the U.S.
November 16, 2016
New Era for Payday Lending: Regulation, Innovation and the Road Ahead
This article provides an overview of the latest in Texas' payday lending field and low-cost alternatives.
November 11, 2016