borrowers subject to the debt moratorium, as well as an increase in credit scores. We find a large stimulus effect, as borrowers …We evaluate the effects of the 2020 student debt moratorium that paused payments for student loan borrowers. Using … administrative credit panel data, we show that the payment pause led to a sharp drop in student loan payments and delinquencies for …

points), completion rates (1-3 percentage points), and reduce their students’ debt level (e.g., $500~$1000 lower for …

Mainstream economic research regards private debt as a determinant of GDP growth in the longrun. Levine (2005) surveys … in details this branch of literature and explains the channels by which debt fuels growth. In this paper we switch the … focus from the long to the short-run and study whether private debt has a significant impact on GDP growth in the short …

for-profit institutions take on more educational debt, have worse labor market outcomes, and are more likely to default …

Individuals with extensive debt may be granted debt relief in court. We provide a comprehensive evaluation of the … Danish debt relief program with data from court records linked to nationwide register data. Using event-study methods and … quasi-random assignment of applicants to court trustees with varying admission rates, we show that debt relief leads to a …