Student loan debt is a huge and growing problem which disproportionately impacts communities of color and low-income New Yorkers, making it difficult for them to make ends meet, build savings, start families, buy homes and complete their education. Under President Trump, the federal government has steadily abandoned its role in protecting consumers from unscrupulous for-profit colleges and loan servicers.
Our keynote address and panel discussion was held Thursday, January 31 from 5:30 to 7:30 p.m. EST and we explored what we can do to address this problem, its implications for upward mobility, and how New York compares with what is happening nationally.
5:30 p.m. - Welcome by Matt Sapienza, CUNY Vice Chancelllor and CEO
5:37 p.m. - Opening by David R. Jones, CSS CEO and President
5:50 p.m. - Keynote Address by Seth Frotman, Executive Director of the Student Borrower Protection Center
6:20 p.m. - Panel Discussion and Q&A moderated by New York Times reporter Tara Siegel Bernard
- Daniel Fuller, Deputy Secretary of Education for Governor Cuomo
- Kenneth Zebrowski, New York State Assemblymember
- Lorelei Salas, New York City Department of Consumer Affairs Commissioner
- Mark Huelsman, Demos Associate Director of Policy & Research
- Kavya Vaghul, MIT Department of Urban Planning and Studies Graduate Student
Learn more about the student loan debt crisis and its impact on low-income New Yorkers:
Communities of Color Hit Hardest by Student Loan Debt Crisis, By David Jones
Testimony: Student Loan Consumer Assistance Program, By David Jones
Testimony: Hearing on Practices of the Student Loan Industry, By Courtney Davis