Student Loan Debt and Aggregate Consumption Growth
Posted: 6 Jun 2018
Date Written: February 21, 2018
Abstract
Although student debt service is undoubtedly a source of severe financial strain for some individuals, in this discussion we show that the direct effect of increased student debt service on aggregate consumption growth is likely small.
Suggested Citation: Suggested Citation
Feiveson, Laura and Mezza, Alvaro and Sommer, Kamila, Student Loan Debt and Aggregate Consumption Growth (February 21, 2018). FEDS Notes No. 2018-02-21, Available at SSRN: https://ssrn.com/abstract=3703955 or http://dx.doi.org/10.17016/2380-7172.2127
Laura Feiveson (Contact Author)
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
Alvaro Mezza
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
Kamila Sommer
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
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