11:30 a.m. - 5:30 p.m. | Monday, Nov. 18, 2013 - St. Louis
PLEASE NOTE: A BUFFET LUNCH WILL BE SERVED BEGINNING AT 11:30 A.M., WITH THE PROGAM BEGINNING PROMPTLY AT 12:30 P.M.
Those who cannot attend the Nov. 18 event, "Generation Debt: The Promise, Perils and Future of Student Loans" at the Federal Reserve Bank of St. Louis will be able to watch part of the event via webcast.
The St. Louis Fed will stream the remarks of Consumer Financial Protection Bureau Assistant Director and Student Loan Ombudsman Rohit Chopra, who oversees student loans on behalf of the CFPB. The stream will begin at 12:30 p.m. CT and will be available for viewing at www.stlouisfed.org/live.
According to a just-released report to Congress from the CFPB, the $1 trillion-plus student-loan market is starting to resemble the failed mortgage market of a few years ago—and thus may spill over and threaten the nation's economic growth. Moreover, forthcoming research by the Federal Reserve Bank of St. Louis shows that the growth in student loans is, on average, higher in the Fed's Eighth District (comprising all or part of seven states surrounding St. Louis) than nationwide.
Meanwhile, rapidly rising levels of student loans continue to threaten the employment, balance sheets and upward mobility of younger Americans. Yet, for millions of families, a college degree—which is increasingly essential for financial stability and reaching the American dream—cannot be achieved without student loans.
How real is this threat? Is there a better way? What's working with student loans, and what's not? What can the St. Louis region and the nation do?
This half-day symposium will explore the reality and future of student loans in the St. Louis region and across the country, featuring the nation's top student-loan policymaker, leading and innovative researchers, a college president and groups representing young Americans. Organizations offering real and practical solutions to help students and families manage burdensome student loans will also be included.
Please click here for the conference agenda.
A nominal cost of $50 per participant ($15 for students) is required for attendance. Early registration is encouraged as space is limited, and advance registration is required by Wednesday, Nov. 13, 2013. Registration includes lunch and a reception.
Presented by the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, in partnership with the Center for Social Development at Washington University in St. Louis.
Registration is now closed.
Federal Reserve Bank of St. Louis
One Federal Reserve Plaza
Broadway and Locust St.
St. Louis, Mo. 63102 (map it)