Living Longer With Student Loans: What Is the Role of the Financial Aid Community in Preparing Borrowers for Their Aging Futures?

Monday, June 25, 2018: 8:30 AM-9:30 AM
Room 8ABC (Austin Convention Center)
Session Type: Peer to Peer Sessions
Track: Forum
Subcategories: Graduate & Professional Issues Track and Research & Data Analysis Track
Audience: All
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
In an age of unprecedented longevity, it is more urgent than ever that student and parent borrowers be able to balance their debt with aging-related expenses. In this session, MIT AgeLab researchers will introduce a TIAA-supported mixed methods study about student loans, aging, and individual and family decision making. Researchers will facilitate an interactive conversation about participants’ attitudes and perceptions of their role in preparing borrowers for long-term financial wellbeing. Ultimately, participants will understand the intersecting and compounding impacts of student debt and longevity planning. Participants will leave more prepared to help borrowers and their families conceptualize education loans as part of their aging futures.
Clantha McCurdy (Massachusetts Department of Education)
Julie Miller (Massachusetts Institute of Technology)
Ms. Samantha Brady (Massachusetts Institute of Technology)