NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Students in Distress: Labor Market Shocks, Student Loan Default, and Federal Insurance Programs

Holger M. Mueller, Constantine Yannelis

NBER Working Paper No. 23284
Issued in March 2017

---- Acknowledgments ----

We thank David Berger, Jan Eberly, Caroline Hoxby, Amir Kermani, Theresa Kuchler, Andres Liberman, Adam Looney, Johannes Stroebel, Jeremy Tobacman, Eric Zwick, and seminar participants at NYU, Berkeley, and the Consumer Financial Protection Bureau for helpful comments. Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Treasury or any other organization. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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