Student debt is frequently viewed as investment in the future, since taking on this debt allows students to attend college and access more employment opportunities upon graduation. For millions of for-profit college students, however, student loans turn out to be a bad investment. For-profit college students are more likely to graduate with more debt and experience fewer job options than students at public and nonprofit schools. At the Community Investment Awards, Woodstock Institute will host a panel to discuss this important issue and what we can do to address it.
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The panel includes Katie Buitrago of Woodstock Institute, Rohit Chopra of the Consumer Financial Protection Bureau (CFPB), Samuel Levine of the Office of the Illinois Attorney General, and Eve Rips of Young Invincibles. Buitrago is Woodstock’s Senior Policy and Communications Associate, working on policy development, outreach, coalition building, and communications. Buitrago will discuss new research on student debt burdens of for-profit college students and ways to protect students from abuses. Chopra is an Assistant Director and Student Loan Ombudsman at the CFPB, where he addresses issues affecting student loan borrowers. Levine is an Assistant Attorney General with the Consumer Fraud Bureau of the Illinois Attorney General’s Office, where he focuses on the office’s legal and policy initiatives around for-profit colleges and student loan affordability. His work includes participating on a panel to negotiate rules for federal loan income-based repayment plans. Rips is the Midwest Director for Young Invincibles, a national policy and advocacy organization that works to expand economic opportunity for young adults and to elevate the voices of Millennials in key political conversations, including student debt.
In addition to these policymakers and researchers, the panel will feature Hannah Moore, a 2007 graduate of the for-profit Harrington College of Design. Moore will share her experiences as a Harrington graduate and navigating the job market while juggling over $100,000 in student debt.
These panelists will share important insight into the growing issue of student debt and its impacts on the broader economy. It is an issue that affects millions of Americans and can have a deep impact on students’ ability to pursue homeownership and save for retirement. Join us at the Community Investment Awards to learn more about the issue and the work advocates and policymakers are doing to remedy the situation.
The Community Investment Awards Reception is supported by Citi.