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Fact Sheet

Student Loan Debt in California

By Jacob Jackson, Darriya Starr

Student borrowing in California has declined markedly over the past decade. Borrowing rates vary across the state’s public and private institutions; undergraduates at public universities are least likely to borrow, while students who attend for-profit schools are more likely to struggle to pay off loans.

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What Student Debt Relief Means for Californians

By Darriya Starr, Jacob Jackson, Dean Bonner

A plan to forgive federal student loan debt—now being reviewed by the US Supreme Court—could provide relief to about 3.5 million Californians. Six in ten Californians favor a government policy to eliminate college debt, though support varies across different racial/ethnic groups and by educational attainment and income level.

Report

Student Debt and the Value of a College Degree

By Hans Johnson, Marisol Cuellar Mejia, David Ezekiel, Betsey Zeiger

Student debt in California has increased dramatically in recent years, but college is still a good investment. Californians with college degrees are more likely to be employed than those with high school diplomas, and they earn higher wages. Policymakers can do a lot to help make higher education more affordable—for example, by developing tuition savings programs and improving pathways from community colleges to four-year schools. Providing additional funding is essential, but finding ways keep costs down should also be pursued.

This research was supported with funding from the Donald Bren Foundation.

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After a Three-Year Hiatus, Californians Will Resume Student Loan Payments Soon

By Jacob Jackson

The US Supreme Court recently ruled against the Biden administration’s student loan forgiveness plan, while a pandemic-era freeze on payments and interest accrual ends in the coming months. What does this mean for the nearly 4 million Californians with federal student loan debt?

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Extended Freeze on Student Loan Payments Could Help Many California Borrowers

By Darriya Starr, Jacob Jackson

The federal government’s moratorium on student loan payments during the COVID-19 crisis, along with plans to eliminate defaults and delinquencies, may leave many California borrowers better off than they were before the pandemic, when many struggled to make progress on their loans.

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