Since the late 1990s, the mean education payment-to-income ratio, a marker for the transitory burden related to student loans, has fallen steeply while repayment terms have become longer. The overall level of student debt has dramatically increased, suggesting that the level of student debt and...

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 borrowers subject to the debt moratorium, as well...

Legislators have increasingly become concerned about their state’s economic well-being with regard to student loan debt, as state leadership has called for progressive action in reducing loan burdens among students (Ahlman & Gonzalez, 2019). One response to these calls has been to institute...