Taking A Deep Dive: The Student Loan Plight in New York City
The New York Mortgage Coalition (www.nymc.org) invites you to our first Student Loan Debt Summit on Tuesday, October 8, 2019 in New York, NY. This gathering will consist of practitioners, policy makers, advocates, and researchers concerned with the growing student loan debt plight and its particularly destructive and disparaging impact on the financial welfare and economic mobility of low-to-moderate income communities of color in the New York metro area. At our Student Loan Debt Summit, the New York Mortgage Coalition will bring together housing and debt advocates, local, state, and national policy experts to discuss the implications of student loan borrowing and repayment across the communities of NYC and strategies to address the ongoing crisis.
The event is free and open to the public (limited number of seats) and professionals in the community development space. Breakfast/Brunch refreshments will be provided by Balthazar!
Event: Taking A Deep Dive: The Student Loan Plight in New York City
Date: Tuesday, October 8, 2019
Time: 9:00am – 1:00pm
Location: WeWork Bryant Park – 54 West 40th Street, New York, NY 10018
09:00AM – 09:30AM Breakfast and Registration
09:30AM – 10:00AM Opening Remarks
10:00AM – 11:00AM Panel 1 (Current state of the crisis and policy ideas)
11:00AM – 11:30AM Questions
11:30AM – 12:30PM Panel 2 (Potential solutions and innovations)
12:30PM – 01:00PM Questions and Closing Remarks
Panel 1: The Student Loan Debt Crisis Today
• Lorelei Salas, Commissioner of the NYC Department of Consumer Affairs
• Seth Frotman, Executive Director of the Student Borrower Protection Center (formerly of the Consumer Financial Protection Bureau)
• Cody Hounanian, Program Director at the Student Debt Crisis
Panel 2: Innovations and Employer-based solutions
• Fiona Greig, Managing Director of Consumer Research at JP Morgan Chase Institute
• Marc Boxser, Vice President of Communications and Policy at Chegg, Inc.
• David Chang, CEO of Gradifi
Among our topics of discussion on the student debt crisis:
• How did we get here?
• What is the impact of the crisis on communities in NYC?
• How is the crisis disproportionately affecting black and Latinx communities?
• What impact can the housing counseling industry have on the student loan debt crisis?
• What resources can we provide?
• How can we collaborate with advocates and student loan debt relief providers for effective partnership?
• Potential effective solutions including policy recommendations and innovation.
The New York Mortgage Coalition is a nonprofit collaboration of financial institutions and community nonprofit organizations focused on expanding opportunities for responsible and sustainable homeownership in minority and low-to-moderate income communities in the New York metro area. We work to provide access and tools to these communities to help local residents become better financially equipped in order to maintain their finances and meet their financial goals.