Media
Videos
Chicago college students worry after Supreme Court strikes down Biden's loan forgiveness plan, ABC 7 News, July 2023
Professor Constantine Yannelis on inflation NBC News Now, NBC News, September 2022
Professor Constantine Yannelis on student loan forgiveness NBC News Now, NBC News, August 2022
University of Chicago professor weighs in on the effects of student loan forgiveness, CBS News, August 2022
Biden cancels up to $20,000 in student loan debt for millions of Americans, extends payment pause, CBS News, August 2022
Millions of Borrowers Prepare to Resume Student Loan Payments Feb. 1, The National Desk, December 2021
Who would benefit most from universal student-debt forgiveness?, Chicago Booth Review, June 2021
Virtual Harper Lecture: Policy Options for Student Loans, June 2021
Durbin, Duckworth call on Biden to extend pause on student loan payments, June 2021
Student Loan Senate Testimony for Committee on Banking, Housing and Urban Affairs, April 2021
Millions of Americans saddled with student debt as debate continues over relief, PBS, March 2021
Should the Federal Government Cancel Student Loan Debt?, WTTV, February 2021
A 150-year old bank failure may still be haunting Black communities, Chicago Booth Review, July 2020
The Challenge for Business in the Age of COVID-19, Chicago Booth Review, April 2020
Have Real Time Data Helped Us Address the Crisis?, Chicago Booth Review, April 2020
Policymaking at a Time of Uncertainty, Chicago Booth Review, April 2020
How Has COVID-19 Shaped Consumer Behavior?, Chicago Booth Review, April 2020
How Student Debt May Foster Homeownership, Chicago Booth Review, March 2019
The Rise of Student Loan Debt, MSNBC Morning Joe, June 2016
The Facts Behind the Student Debt Crisis, Brookings Institution, September 2015
Interviews
The Knotty Economics of Student Loan Debt, Knowable Magazine, September 2023
Counting the Costs of Education, Money Talks from The Economist, August 2023
How Debt Relief Raised Debts: The Untold Story of the Student Loan Moratorium, The Pie, July 2023
When Good Debt Goes Bad, Becker Friedman Institute, February 2021
How Do You Solve A Problem Like Student Debt?, Capitalisn't, December 2020
Navigating Uncertainty, Becker Friedman Institute, August 2020
Meet the COVID-19 Consumer, Becker Friedman Institute, June 2020
Interview with Constantine Yannelis, Chicago Business, May 2019
Data Diving with a Student Loan Economist, Earnest, October 2015
Policy
Is High Student Loan Debt Always a Problem?, (with Adam Looney) SIEPR Policy Brief, July 2016
Did the 2013 Federal Government Shutdown Severely Damage the US Economy?, (with Scott Baker) SIEPR Policy Brief, September 2014
Print
Wall Street Journal
Paying Student Loans Again Could Feel Like a 5% Pay Cut, Wall Street Journal, July 2023
Progressives Love Regressive Biden Student Loan Scam, Wall Street Journal, October 3, 2022
Biden’s Student-Debt-Forgiveness Plan May Cost Up to $1 Trillion, Challenging Deficit Goals, Wall Street Journal, September 5, 2022
Biden Decision on Student-Loan Forgiveness Unlikely Until Later in Summer, Officials Say, Wall Street Journal, June 6, 2022
Older Americans, Flush With Housing and Stock Portfolio Wealth, Poised to Revive Spending This Year, Wall Street Journal, March 20, 2022
Why Student Debt Keeps Growing—Even When Borrowers Keep Paying, Wall Street Journal, December 31, 2021
The Great Student Loan Scam, Wall Street Journal, February 9, 2021
On Student Debt, Biden Must Decide Whose Loans to Cancel, Wall Street Journal, December 7 2020
‘Just a Start,’ Wall Street Journal, December 1 2020
Student Loan Losses Seen Costing U.S. More Than $400 Billion, Wall Street Journal, November 21 2020
The Student Loan Crisis Led to a Debt Strike. Experts Have Other Ideas, Wall Street Journal, November 9 2020
For Economy, Worst of Coronavirus Shutdowns May Be Over, Wall Street Journal, May 25 2020
For Small Businesses With High Rents, Coronavirus Aid Falls Short, Wall Street Journal, May 1 2020
Small-Business Loan Program Resumes With Reports of Delays, Wall Street Journal, April 27 2020
Warren Probes Apollo and KKR on Backing For-Profit Colleges, Wall Street Journal, September 18 2019
Student-Debt Forgiveness Is a Wonderful Boon, Until the IRS Comes Calling, Wall Street Journal, June 24 2018
Jumbo Loans are the New Threat in US Student Debt Market, Wall Street Journal, February 16 2018
Should Anyone be Eligible for Student Loans?, Wall Street Journal, December 6 2015
Student Loans Could Use Some Market Discipline, Wall Street Journal, September 18 2015
For-Profit Schools Behind Student Loan Defaults, Paper Says, Wall Street Journal, September 10 2015
New York Times
Will Restart of Student Loan Payments Be the Last Straw for Consumers?, The New York Times, September 15, 2023
The End of Biden's Student Loan Forgiveness Is a "Five-Alarm Fire, The New York Times, June 30, 2023
Student Loan Pause is Ending, With Consequences for Economy, The New York Times, June 21, 2023
Private Equity is Gutting America — and Getting Away With It, The New York Times, April 28, 2023
Biden Student Loan Plan Squarely Targets the Middle Class, The New York Times, August 25, 2022
Where the Small-Business Relief Loans Have Gone, The New York Times, May 7, 2020
Push for Profits Left Nursing Homes Struggling to Provide Care, The New York Times, May 7, 2020
For-Profit Colleges Accused of Fraud Still Receive US Funds, The New York Times, October 25, 2015
New Data Give Clearer Picture of Student Loan Debt, New York Times, September 10, 2015
When Picasso and Klee Were Very Young, New York Times, June 18, 2006
Washington Post
Opinion: Student loans prove you can’t have it both ways. Washington Post, May 22, 2023
Opinion: A New Year’s goal for progressives: Stop advocating bailouts for rich people, Washington Post, December 31, 2020
The best way to forgive student debt is to focus on those who need it most, Washington Post, December 28, 2020
Forgiving Student Loans the Wrong Way Will Only Worsen Inequality, Washington Post, December 3 2020
Trump, Congress Pursue Second Round of $1,200 Stimulus Checks in Effort to Revive Huge Federal Aid Program, Washington Post, October 9 2020
U.S. Loans Didn’t Flow to Businesses Most at Risk, Study Shows Washington Post, May 1 2020
Public Companies Received $1 billion in Stimulus Funds Meant for Small Businesses Washington Post, January 21 2019
Federal Shutdown Continues Washington Post, January 21 2019
Four Tough Things Columnists Should do Before Writing About Universities Washington Post, November 30 2015
These are the Schools Driving America's Student Loan Crisis, Washington Post, September 10 2015
Economist, FT and UK Press
What is the Value of a College Degree, The Economist, August 24, 2023
The Moratorium on Repaying Student Loans in America Was a Bad Idea, The Economist, June 1, 2023
How US student loan debt has weighed down a generation of borrowers, The Financial Times, August 27, 2022
Buyouts may be bad for your health, Financial Times, January 6, 2021
For-Profit US Care Homes ‘Decimated’ by Coronavirus, Financial Times, May 5, 2020
How the Covid-19 Pandemic is Changing Americans’ Spending Habits, The Economist, April 9, 2020
American Government Workers Are Feeling the Shutdown's Financial Impact, The Economist, January 23, 2019
Government Shutdown, Express, January 23, 2019
More Present Than Correct, The Economist, October 8, 2016
Should You Change Your Name to Get a Job? BBC, September 16, 2016
US Student Debt: Lessons to Last a Lifetime, Financial Times, February 28 2016
(The Right Sort of) Help Wanted, The Economist, June 11 2014
Chicago Press
Illinois' student loan borrowers face a return to reality, Crain's Chicago Business, June 9, 2023
Biden student loan forgiveness plan is not enough, some borrowers say, ABC Chicago, August 24, 2022
Illinois Will Feel Weight of Student Loans Decision More than Most States, Crain's Chicago Business, August 23, 2022
Steve Chapman: Write off Student Loans? There's a Better Solution, Chicago Tribune, April 29. 2022
Jill on Money: Who benefits from student loan forgiveness? It’s complicated, Chicago Tribune, December 31, 2020
Canceling all US student debt would mostly benefit high earners, Chicago Booth Review, December 14, 2020
Chicago-Area Grocers Stock Up to Ward Off Shortages as COVID-19 Cases Rise. ‘We’re Always Chasing One Thing to the Next.’ Chicago Tribune, October 23 2020
Small-Business Loans Didn’t Reach Their Targets, Chicago Booth Review, May 2020
The Impact of COVID-19, Chicago Booth Review, April 2020
Who Stocked Up Before COVID-19 Hit, Chicago Booth Review, April 2020
The Challenge of Businesses in a Time of COVID-19, Chicago Booth Review, April 2020
Policy Making in a Time of Uncertainty, Chicago Booth Review, April 2020
Household Spending Swings Dramatically in Reaction to Coronavirus, University of Chicago News, April 2020
Student Loans can Spur More Homeownership, Chicago Booth Review, January 2019
CPS Wants Students to Plan for the Future. But It Could Backfire, Chicago Magazine, April 2017
For the Answer to Mounting Student Debt, Look to New Zealand and Australia, Chicago Business, March 26 2016
Business Press
Student Loan Borrowers Reveal Grim Expectations for Payment Resumption, Morning Consult, June 8, 2023
Erasing Student Loan Debt Could Disproportionately Benefit Wealthy Americans, Fox Business, May 2, 2022
Biden’s Student Loan Freeze Shows Path to Erase Billions of Debt, Bloomberg, January 22, 2021
Biden’s Plan to Forgive Student Debt Could Have Limited Economic Benefits, and Carry Risks, CNBC, December 6 2020
Cancel Student Loans Would Benefit This Group More Than Anyone Else, Forbes, December 3 2020
Warren Presses Fed Chairman on Need to Cancel Student Loan Debt, Fox Business, December 1 2020
Hardest-Hit States, Once Shortchanged on Small-Business Aid, Are Catching Up, Bloomberg, May 20 2020
New Stimulus Needed: $1,200 Check Had Little Impact On Economy, Forbes, May 15 2020
U.S. Loans Didn’t Flow to Businesses Most at Risk, Study Shows, Bloomberg, April 27 2020
At This Rate, It Will Take 100 Years to Pay America's Student Debt, Bloomberg, August 19 2019
Borrowing to Pay for Your Child's College is a Bad Idea, Forbes, November 30 2018
When Private Equity Wins and Consumers Lose, Institutional Investor, September 4 2018
Taxpayers May Lose on High-Balance Student Loans, Institutional Investor, Febuary 20 2018
Equity vs Efficiency: Downsizing Student Loans, Forbes, December 7 2015
Default Spike in Student Debt Driven by Unconventional Borrowers, Bloomberg, September 10 2015
Setting the Student Loan Record Straight, Forbes, September 15 2015
Other Press
Student Loan Repayments have Resumed. Here's 4 Charts that Break Down American Educational Debt, CNN Politics, October 2023
Will the Economy Finally Un-weird Itself?, Vox, September 2023
How Restarting Student Loan Payments Could Change Millions of Lives — And The Economy, FiveThirtyEight, August 2023
Thousands of local borrowers in limbo after Supreme Court’s ruling on student debt forgiveness, WGLT, August 2023
"Dave, I Was Wrong", The Ramsey Show, July 2023
Student Loans: How will the restart in payments affect the economy? Experts are split, Yahoo, June 2023
What will the end of the pause on student loan payments mean for retailers?, Marketplace, April 2023
Biden Taking A Regulatory Swipe At The Small Percentage of Private Equity Investment in Senior Care, Yahoo, February 2023
Student loan bailout is ‘bad economics,’ finance professors argue, The College Fix, August 2022
When Private Equity Takes Over a Nursing Home, The New Yorker, August 2022
Canceling Student Loan Debt Would Really Only Benefit the Well-Off, U.S. News & World Report, August 2022
Canceling student debt for everyone is bad policy and bad economics, The Hill, July 2022
Interactive: Canceling 10K of Student Debt Will Help Wealthy, White the Most, NBC Boston, June 2022
Opinion | Biden’s About to Make a Big Mistake on Student Loans, Politico, May 2022
Student loan forgiveness proves Democrats are the party of the rich, The New York Post, March 2022
Millions of borrowers prepare to resume student loan payments Feb. 1, The National Desk, December 2021
Private equity ownership is killing people at nursing homes, Vox, February 22, 2021
Democratic plan to forgive student loans could raise tuition and hurt those at the bottom, NBC Think, February 19, 2021
Sen. Bill Cassidy: Cancel student debt? Better solutions exist – here are answers Republicans should offer, Fox News, February 16, 2021
Student-Debt Cancellation Stands Its Best Chance Yet. But Would It Advance Social Justice?, The Chronicle of Higher Education, January 14, 2021
Righting a Backwards Policy: Making Sure the Second Stimulus Checks Reach the Hardest Hit Illinoisans, New America, January 8, 2021
"It isn't even really a stimulus in my opinion": Economists lament paltry $600 checks to citizens, Salon, December 22, 2020
Betsy DeVos Rips Democrats Who Push Free College Tuition: 'We Know Somebody Has to Pay for It,' Fox News, December 2 2020
Would Canceling $10,000 in Student Debt Really Help That Much? Marketplace, November 23 2020
This is How Fast Americans are Spending Their Stimulus Checks — and Here’s a Breakdown of What They’re Buying, MarketWatch, May 15, 2020
'A License for Neglect.' Nursing Homes Are Seeking — and Winning — Immunity Amid the Coronavirus Pandemic, Time, May 14, 2020
Here's a State-by-State Breakdown of PPP Funding — And How Far it Went, Money, May 14, 2020
The Paycheck Protection Program, Meant to Prevent Mass Layoffs, Missed Its Target, Pro-Market, May 14, 2020
Student Loans Aren't Working, Reason, May, 2020
Small Business Loans are Not Going Proportionately to the Hardest-Hit Areas, CNBC, May 6, 2020
MIT Sloan Researchh About the Coronavirus Pandemic, MIT Sloan, April 23, 2020
From Borrowing to Stockpiling: How The Virus Outbreak Changed American Household Consumption, Pro-Market, April 6, 2020
How a Simple Tweak to a Federal Form Could Help Borrowers Potentially Avoid Defaulting on Student Loans , Pro-Market, October 2, 2019
Elizabeth Warren's Latest Private Equity Target: For-Profit Colleges, PitchBook, September 19, 2019
Morning Education, Politico, September 17, 2019
The Student Loan Bubble, CNBC, September 21, 2018
Who's Afraid of the Student Debt Crisis?, Boston Review, December 20, 2016
For-Profit Colleges Account for a Third of All Federal Student Loan Defaults, Fortune, September 16, 2016
Share the Risk on Student Loans, AEI, September 7, 2016
Student Loans Put Crimp in Grads' Lives, Kearney Hub, June 10, 2016
Is there a Student Debt Crisis?, Inside Sources, June 8, 2016
More Evidence that the Sky is Not Falling Due to Student Loan Debt, AEI, May 3, 2016
The Trouble with Student Loans? Low Earnings, Not High Debt, Brookings Institution, January 7 2016
Unpaid Student Loans Result in Education Crisis, iSchoolGuide, November 19 2015
Balancing Risk and Responsibility, AEI, November 17 2015
A Crisis of Value, US News, November 17 2015
Democrats Push Arne Duncan to Aid Defrauded For-Profit College Students, Huffington Post, November 11 2015
Offering Free College is a Well-Meaning But Bad Idea, Midland Reporter Telegram, November 18 2015
The Rise and Fall of For-Profit Schools, The New Yorker, October 25 2015
Student Loans Burden Doesn't Explain Low Millenial Homeownership, Housing Wire, September 30 2015
Low Income Students at Wealthiest Schools Have High Debt Burden, ACA International, September 17 2015
Remarks by Deputy Secretary Sarah Bloom Raskin at At the Rappaport Center For Law and Public Policy Conference On The Student Debt Crisis, Treasury Press Center, September 2015
Remarks by Deputy Secretary Sarah Bloom Raskin at the National Foundation for Credit Counseling 50th Annual Leaders’ Conference, Treasury Press Center, September 2015
The Empty Promise of For-Profit Colleges, The Atlantic, September 15 2015
These Student Loans May Be Worse Than Subprime Mortgages, Market Watch, September 15 2015
Study: Student Loan Crisis? Not Among 4-Year College Grads With Supportive Families, Breitbart, September 14 2015
The Schools Driving America's Student Loan Crisis, Daily Herald, September 13 2015
The Biggest Problem with Student Loans, National Review, September 13 2015
Take a Look at the Real Student Debt Crisis, Market Watch, September 11 2015
Rise in Student Loan Defaults Driven by For-Profit Colleges, Study Says, LA Times, September 11 2015
Research Paints a Clearer Portrait of Student Debt, Kansas City Star September 11 2015
Trump Won't Solve the Student Debt Crisis, Our Future September 11 2015
For-Profit Colleges Lead Way on Loan Default, Consumerist September 11 2015
Rise in Student Loan Defaults Driven by For-Profit Colleges, Gos Angeleno, September 11 2015
Recent Federal Student Loans Look a Lot Like Subprime Mortgages, Huffington Post, September 10 2015
There Might be a Student Loan Crisis--But Not Where You Think, Vox, September 10 2015
US Government Finally Sheds Light of Student Loan Debt, Urban Institute, September 10 2015
New Data Give a Clear Picture of Student Debt, SFGate, September 10 2015
Student Loan Crisis Driven by Unprepared Students Turning to For-Profits: Study, Washington Examiner, September 10 2015
The Schools Driving America's Student Loan Crisis, Bend Herald September 10 2015
Estudio Diglosa Deudas de Prestamos Estudiantiles en EU, El Diaro, September 10 2015
Student Loan Debt has Doubled, Politifact, August 14 2015
Stanford Economist say 2013 Government Shutdown Affected Federal Workers , Sierra Sun Times, September 26 2014
The 2013 Government Shutdown Affected Federal Workers and the US Economy, Stanford Report September 25 2014
*This is a partial lists of media mentions of me or my research. Links to articles do not necessarily mean that I agree with or endorse with any positions expressed in the articles.