Changing State of the US Consumer

Credit implications of student loan relief beyond the borrowers

The Biden administration’s recently announced relief for student loan borrowers, including debt forgiveness of up to $20,000, will have effects across a wide range of credit sectors as well as the broader economy. Join experts from Moody’s with insights on schools, lenders, exposed asset-backed securities, and the macroeconomic consequences. Speakers will cover both the recent announcement, the big picture for higher education, and how we got here, as well as specific types of fallout with likely or potential credit implications.

Event registration is now closed. Click above to register your interest to the on-demand.

Event registration is now closed. Click above to register your interest to the on-demand.

  • Agenda keyboard_arrow_down
    13:30 - 14:30
    EDT

    Topics of Discussion:

    • Which households will be most and least affected by the plan, and what are the implications for the economy and specific groups over the longer term?
    • What will the impacts be on the securitization market, including for Federal Family Education Loan Program (FFELP) transactions? And, what do the latest policy moves say about “social risk”?
    • What impact will the plans have on future students and their schools and lenders, and what issues in the broader topic are still lingering after the recent action?
    • How will the plan affect student loan servicers and different types of lending?
  • Speakers keyboard_arrow_down
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    Warren Kornfeld Senior Vice President, North America Banks and Finance Companies Moody's Investors Service Bio
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    Susan Fitzgerald Associate Managing Director – Public Finance Moody's Investors Service Bio
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    Joseph Grohotolski Vice President - Senior Analyst Moody's Investors Service Bio
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    Cris deRitis Deputy Chief Economist Moody's Analytics Bio
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    William Black Managing Director - Consumer Structured Finance Ameircas Moody's Investors Service Bio