Walter and Leonore Annenberg Auditorium, Gerald R. Ford School of Public Policy
Rich Cordray, founding director of the Consumer Financial Protection Bureau and Rohit Chopra, Commissioner on the Federal Trade Commission will keynote.
The massive dollar amounts associated with student loan debt and the impact on individuals and the financial stability of the overall economy has attracted the attention of journalists, economists, and average Americans. There are, however, several myths associated with these eye-popping numbers, and Susan Dynarski, Professor of public policy, education and economics will discuss a few of these myths in our January Blue Bag Lunch Talk.
For example, in a recent paper for Brookings, "The Trouble with Student Loans? Low Earnings, Not High Debt," Professor Dynarski debunks the popular notion that more student debt leads to higher student loan default rates.
In fact, research shows that default rates are highest among individuals with smaller loan balances. Students borrowing under $5,000 default at a rate of 34 percent, compared to 18 percent for those borrowing more than $100,000.
Among policy proposals advocated by Professor Dynarski to address the student loan crisis is to automatically enroll borrowers who are late on payments in income-based repayment, or adjust loan payments each pay period, similar to the current income-tax withholding system.
Causal Inference in Education Research Seminar (CIERS)
Education Policy Initiative is pleased to host a free and public conference in Washington, DC on student debt policies with international and US-based student loan experts.
The Education Policy Initiative and the School of Education welcome Rohit Chopra, senior fellow at the Center for American Progress, and Susan Dynarski, professor of education, public policy, and economics at the University of Michigan, to discuss the repercussions of the $1.3 trillion dollar student loan deficit on higher education and economic inequality.
The opening plenary session will take place on Thursday, October 24 and feature a Policy Talks @ the Ford School lecture with Roberto Rodríguez, special assistant to the president for education policy. Click here to read more about the plenary session with Roberto Rodríguez. About the conference: This topic has received extensive popular media coverage, but there has been a paucity of rigorous research, and what little there is has been isolated. The goal of the conference is twofold.
Free and open to the public Reception to follow Join the conversation on Twitter: #policytalks About the speaker: Roberto J. Rodríguez serves in the White House Domestic Policy Council as Special Assistant to the President for Education. Previously, Rodríguez was Chief Education Counsel to United States Senator Edward M. Kennedy (D-MA), Chairman of the Health, Education, Labor and Pensions (HELP) Committee.
Gerald R. Ford School of Public Policy
3rd Floor Seminar Room
CIERS: Causal inference in Education research seminar CIERS Mission: The objective of the Causal Inference in Education Research Seminar (CIERS) is to engage students and faculty from across the university in conversations around education research using various research methodies. This seminar provides a space for doctoral students and faculty from the School of Education, Ford School of Public Policy, and the Departments of Economics, Sociology, Statistics, and Political Science to discuss current research and receive feedback on works-in-progress.
