The Federal Stafford loan program is the largest source of financial aid to students who attend college in the United States. Here we utilize the increase in Stafford loan limits that occurred between 2006 and 2008 to identify how a pooled cross-section of first-time freshmen at the University...

Beginning in 2011, credit unions in the United States have been required to report in their quarterly call reports their holdings of private student loans. Since this time, private student loans have been the fastest growing loan product among credit unions. The empirical results here indicate...