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Student loans have become a significant issue for individuals and organizations alike. According to Equifax Portfolio Credit Trends data as of May 2023, there is $1.6 trillion outstanding in student loan payments. With payments expected to resume in October, there is an expected average 17% jump in monthly debt commitment across every age group, according to a student loan study released in July 2022 by Equifax, Shur, and VantageScore. Consequently, student debt will impact not only borrowers, but also employers, educational institutions, and society as a whole. To effectively address this issue, organizations must understand the far-reaching implications of student loans and devise actionable plans to assess and mitigate their potential risk exposure.
During our August 17 webinar, we delve into the practical aspects of comprehending the impact of student loans as well as formulating strategies to mitigate its effects. Our expert speakers share their macroeconomic and consumer credit insights so you can continue to focus on forward and build business agility for your organization. Once our speakers lay out the economic and consumer credit landscape, a guest panel explores student loans in-depth and provides recommendations to proactively identify the impact of student loans to organizations and implement strategies to mitigate their risk.
Speakers include: Amy Crews Cutts, President & Chief Economist at AC Cutts & Associates; Jesse Hardin, Risk Advisor at Equifax; Tom Aliff, Risk Advisory Leader at Equifax; Tom O'Neill, Risk Advisor at Equifax; and David Sojka, Risk Advisor at Equifax.