Three Key Facts from the Center for Microeconomic Data’s 2022 Student Loan Update

Daniel Mangrum, Joelle Scally and Crystal Wang

No 20220809, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: Today, researchers from the Center for Microeconomic Data released the 2022 Student Loan Update, which contains statistics summarizing who holds student loans along with characteristics of these balances. To compute these statistics, we use the New York Fed Consumer Credit Panel (CCP), a nationally representative 5 percent sample of all U.S. adults with an Equifax credit report. For this update, we focus on individuals with a student loan on their credit report. The update is linked here and shared in the student debt section of the Center for Microeconomic Data’s website. In this post, we highlight three facts from the current student loan landscape.

Keywords: student; loans (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2022-08-09
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