New Report Projects Widespread Distress Among California Student Loan Borrowers in Latino/a Communities
ADVISORY | WASHINGTON, D.C.— The Student Borrower Protection Center (SBPC) and the UC Student Loan Law Initiative (SLLI) will host a virtual event today examining the overall burden posed by student debt and also releasing new research on the burdens specifically shouldered by borrowers in majority-Latino/a communities in California.
The new report, Student Loans in California: A Narrative of Racial Inequality, is available here: https://www.slli.org/student-loans-in-ca-report
Today’s virtual event will take place at 1:00 PM ET and will feature:
- Sultana Fouzia, Postdoctoral Scholar at UC Berkeley School of Law: Dr. Fouzia will present a new paper co-authored with SLLI Directors Prof. Dalié Jiménez and Prof. Jonathan Glater examining the prevalence and burden of student debt in California. This new analysis finds, for the first time, that Latino/a communities in California saw outsized benefits from the student loan payment pause and may face greater hardship as borrowers resume making payments this year.
- Marshall Steinbaum, Assistant Professor of Economics at the University of Utah and Senior Fellow in Higher Education Finance at Jain Family Institute: Prof. Steinbaum will also present a paper co-authored with Sérgio Pinto, a Fellow in Higher Education Finance at the Jain Family Institute and a doctoral candidate at the University of Maryland School of Public Policy. This paper utilizes credit reporting data to study student-debt-related outcomes, such as the long aftermath of labor market credentialization and consequent student loan non-repayment stemming from the run-up in student debt during and after the Great Recession.
Shortly after the conclusion of the virtual event, a recording will be shared here.
What: Virtual event showcasing new research on student debt
When: Wednesday, October 18, 2023 at 1 PM ET
About the UC Student Loan Law Initiative
The Student Loan Law Initiative (SLLI) is a partnership between the Student Borrower Protection Center, the University of California, Irvine School of Law and the University of California, Berkeley School of Law to develop a body of rigorous research around how to address the student loan crisis.
Learn more at www.slli.org.
About Student Borrower Protection Center
The Student Borrower Protection Center (SBPC) is a nonprofit organization focused on alleviating the burden of student debt for millions of Americans. The SBPC engages in advocacy, policymaking, and litigation strategy to rein in industry abuses, protect borrowers’ rights, and advance economic opportunity for the next generation of students.