Sunday Midday Learning Opps

In Search of Higher Ed’s Affordability Grail: New Insights on the Student Loan Burden

  • Sunday, July 14
  • 01:45 PM - 03:00 PM
  • Austin Conv Center
  • Level 4, 14

Speakers

Jeff Amburgey

Vice President for Finance

Berea College

Berea, Kentucky

Erica Deadman

Vice President, Consumer Research Lead

JPMorgan Chase Institute

Washington, District of Columbia

Rafael Rivera

Associate Dean for Admission and Financial Aid & Assistant Professor of Radiology

New York University School of Medicine, NYU Langone Health

New York, New York

Christopher Ruhl

Senior Vice President, Strategic Initiatives

Purdue University

West Lafayette, Indiana

Description

For many students, graduates, and families, the growing student loan burden drives the conversation of where to go to college and what choices to make after graduating. To what extent does student loan debt hinder one’s ability to save for significant expenses? How do wage fluctuations impact student loan affordability? Using proprietary data, the JPMorgan Chase Institute researched how an individual's student loan payments are linked directly to income, spending, saving, and borrowing. This sets the stage for a discussion of student loan debt and prompts the question, “What can institutions do to make college more affordable?”. The JPMorgan Institute will be joined by speakers from three universities who will provide concrete examples of innovative steps they have taken to address their students’ debt burden.

Learning Objectives

  • Understand the relationship between student loan debt and real-life post-graduation decisions, backed by data from a comprehensive study
  • Discuss unique strategies some institutions are employing to reduce the debt burden for their students
  • Exchange ideas on enhancing college affordability