Daniel Mangrum
@danielmangrum.com
Economist at NY Fed studying consumer finance, household debt, education, and urban topics.
Occasional NBA and NYC/BK content.
Views are all mine.
www.danielmangrum.com
Occasional NBA and NYC/BK content.
Views are all mine.
www.danielmangrum.com
Hands down best example of AI enhanced productivity. Shoutout to peach puff
June 9, 2025 at 7:27 PM
Hands down best example of AI enhanced productivity. Shoutout to peach puff
6. Nearly 2 million IDR applications are pending as of the end of April. 80k were processed during April. Also 50k PSLF buyback requests pending.
storage.courtlistener.com/recap/gov.us...
storage.courtlistener.com/recap/gov.us...
May 15, 2025 at 10:02 PM
6. Nearly 2 million IDR applications are pending as of the end of April. 80k were processed during April. Also 50k PSLF buyback requests pending.
storage.courtlistener.com/recap/gov.us...
storage.courtlistener.com/recap/gov.us...
4. 45% of student loan borrowers with a payment due in Mississippi are past due
May 15, 2025 at 10:02 PM
4. 45% of student loan borrowers with a payment due in Mississippi are past due
3. Under 30s are the only group with a student loan delinquency rate below pre-pandemic (conditional on having a payment due).
May 15, 2025 at 10:02 PM
3. Under 30s are the only group with a student loan delinquency rate below pre-pandemic (conditional on having a payment due).
A few student loan stats.
First 4 from our new blog post, last 2 from ED.
1. Nearly 1 in 4 student loan borrowers with a payment due was past due at the end of the first quarter
libertystreeteconomics.newyorkfed.org/2025/05/stud...
First 4 from our new blog post, last 2 from ED.
1. Nearly 1 in 4 student loan borrowers with a payment due was past due at the end of the first quarter
libertystreeteconomics.newyorkfed.org/2025/05/stud...
May 15, 2025 at 10:02 PM
A few student loan stats.
First 4 from our new blog post, last 2 from ED.
1. Nearly 1 in 4 student loan borrowers with a payment due was past due at the end of the first quarter
libertystreeteconomics.newyorkfed.org/2025/05/stud...
First 4 from our new blog post, last 2 from ED.
1. Nearly 1 in 4 student loan borrowers with a payment due was past due at the end of the first quarter
libertystreeteconomics.newyorkfed.org/2025/05/stud...
NBA might need a mercy rule…
December 20, 2024 at 3:05 AM
NBA might need a mercy rule…
A shame to see one of my favorite (heated!) outdoor dining setups is now parking for a jeep.
November 20, 2024 at 3:57 AM
A shame to see one of my favorite (heated!) outdoor dining setups is now parking for a jeep.
Looking forward to connecting with folks in DC/MD later this week at APPAM and SEA. I’ll be presenting a new paper on financial education and pandemic-era financial decisions (as well as discussing a couple awesome papers) at APPAM.
November 19, 2024 at 3:37 PM
Looking forward to connecting with folks in DC/MD later this week at APPAM and SEA. I’ll be presenting a new paper on financial education and pandemic-era financial decisions (as well as discussing a couple awesome papers) at APPAM.
While the statistic below is undoubtedly true, there’s a glimmer of optimism regarding credit card delinquency when we consider the transition into newly 90+ day delinquent credit card debt. (More details in a🧵.)
November 18, 2024 at 9:07 PM
While the statistic below is undoubtedly true, there’s a glimmer of optimism regarding credit card delinquency when we consider the transition into newly 90+ day delinquent credit card debt. (More details in a🧵.)
New paper: How did financial education impact household financial decisions during COVID-19? Our new paper finds that financial education increased the likelihood individuals made some opportune pandemic-era credit decisions. #FinancialEducation [1/7] www.newyorkfed.org/medialibrary...
October 24, 2024 at 9:12 PM
New paper: How did financial education impact household financial decisions during COVID-19? Our new paper finds that financial education increased the likelihood individuals made some opportune pandemic-era credit decisions. #FinancialEducation [1/7] www.newyorkfed.org/medialibrary...
You might notice that August and September got almost to pre-pandemic levels even though payments weren’t due yet. We can’t look at transaction level data, but it looks like those were relatively fewer bulk payments right as interest resumes. The daily data shows a peak at September 1st.
October 6, 2023 at 3:56 PM
You might notice that August and September got almost to pre-pandemic levels even though payments weren’t due yet. We can’t look at transaction level data, but it looks like those were relatively fewer bulk payments right as interest resumes. The daily data shows a peak at September 1st.
Here are monthly deposits at Treasury from ED (probably around 90% are student loan payments). Pre-pandemic average was a bit over $6b/month or about $75b a year. That number isn’t about to jump to $120b.
October 6, 2023 at 3:45 PM
Here are monthly deposits at Treasury from ED (probably around 90% are student loan payments). Pre-pandemic average was a bit over $6b/month or about $75b a year. That number isn’t about to jump to $120b.
Behold! A B with blue seats!
September 30, 2023 at 5:11 AM
Behold! A B with blue seats!
Prior to the pandemic pause, only 37% of borrowers had a year-over-year declining balance. At the end of 2021, that share had declined to 27% because of the pause.
November 20, 2024 at 3:03 PM
Prior to the pandemic pause, only 37% of borrowers had a year-over-year declining balance. At the end of 2021, that share had declined to 27% because of the pause.
The state with the largest borrower delinquency rate before the pandemic was Mississippi at 21.6%. Since the pause marked all eligible past-due loans as current, delinquency rates dropped across the board. West Virginia was the highest at the end of 2021 at 11% (MS at 10.7%).
November 20, 2024 at 2:37 PM
The state with the largest borrower delinquency rate before the pandemic was Mississippi at 21.6%. Since the pause marked all eligible past-due loans as current, delinquency rates dropped across the board. West Virginia was the highest at the end of 2021 at 11% (MS at 10.7%).
I found both sets of grandparents in the 1950s census! On my father's side, my grandmother and grandfather were living in Newport News, VA. My aunt was an infant and my father was born later on that year. My grandfather is listed as a clothes cleaner (and g'mother as HH head).
November 20, 2024 at 2:11 PM
I found both sets of grandparents in the 1950s census! On my father's side, my grandmother and grandfather were living in Newport News, VA. My aunt was an infant and my father was born later on that year. My grandfather is listed as a clothes cleaner (and g'mother as HH head).
So… I had no idea the Hamilton ticket lottery was for front row seats #SplashZone
November 20, 2024 at 2:38 PM
So… I had no idea the Hamilton ticket lottery was for front row seats #SplashZone
After a less than ideal exit from Nashville last summer, commencement was a fantastic opportunity to see some great friends @andreamoro @kkoutout
November 20, 2024 at 3:03 PM
After a less than ideal exit from Nashville last summer, commencement was a fantastic opportunity to see some great friends @andreamoro @kkoutout
Pretty incredible to see in person
November 20, 2024 at 3:56 PM
Pretty incredible to see in person
Lastly, we use mobility data to track where and how students traveled to test what type of travel was associated with larger growth rates. We find that many students transited through airports, to New York City, and to Florida destinations, but fewer students took cruises.
November 21, 2024 at 4:20 PM
Lastly, we use mobility data to track where and how students traveled to test what type of travel was associated with larger growth rates. We find that many students transited through airports, to New York City, and to Florida destinations, but fewer students took cruises.