This report adds to our understanding of student borrower experiences with and future expectations of student loan repayment, forbearance, and loan cancellation using responses to the January 2022 and April 2022 waves of the COVID-19 Survey of Consumers conducted by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI).
We study credit and payment markets to understand how they affect consumers and the economy.
WP 22-15 – We develop an economic theory to study the design of blockchain record-keeping protocols. Our main result characterizes the fundamental tradeoffs that arise when record-keepers must be provided with incentives to behave honestly.
The COVID-19 pandemic’s impact on school-age children may last for years. To gauge parents’ concerns about that impact, the Consumer Finance Institute (CFI) included student-related questions in recent editions of its COVID-19 Survey of Consumers as reflected in this latest research brief.
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
We regularly invite outside experts in consumer finance and payments to conduct independent research, collaborate with our staff economists and analysts, and participate in our events.
Recession Remedies examines and evaluates the breadth of the economic-policy response to COVID-19.