Jordan Matsudaira
@jdmatsudaira.bsky.social
Prof at American Univ. and Director @peerresearch.bsky.social; School of Public Affairs. Dep. Under Secretary and Inaugural Chief Economist at US Dept. of ED46; Chief Economist for CEA44.
Last, for completeness, the 11 doctoral fields that round out the top 50. Again - big financing gaps [and, very likely, reclassification as prof programs (which is why we're already showing the limit applicable for those progs)] are going to be the norm for many students across many fields. 11/
July 2, 2025 at 3:25 PM
Last, for completeness, the 11 doctoral fields that round out the top 50. Again - big financing gaps [and, very likely, reclassification as prof programs (which is why we're already showing the limit applicable for those progs)] are going to be the norm for many students across many fields. 11/
One caveat here-it’s not obvious that these master’s progs won’t end up being treated like prof progs ($50k annual limit for a $100k cumulative limit). Senate bill points to the reg definition (34 CFR 668.2) of ‘professional degree’. If Theology counts as a professional degree, what won’t?! 10/
July 2, 2025 at 3:25 PM
One caveat here-it’s not obvious that these master’s progs won’t end up being treated like prof progs ($50k annual limit for a $100k cumulative limit). Senate bill points to the reg definition (34 CFR 668.2) of ‘professional degree’. If Theology counts as a professional degree, what won’t?! 10/
Take MSW programs, where median borrowing across all programs is right at the $41,000 proposed limit. Even here, massive changes will be needed in how people pay for graduate school. Will private lenders be willing to make loans of $50-100k to finance this training? Will colleges lower prices? 9/
July 2, 2025 at 3:25 PM
Take MSW programs, where median borrowing across all programs is right at the $41,000 proposed limit. Even here, massive changes will be needed in how people pay for graduate school. Will private lenders be willing to make loans of $50-100k to finance this training? Will colleges lower prices? 9/
Masters programs will be more affected than you might guess. Look at the 30 biggest MA progs by loan volume. In most, more than half of grads will need private loans to get through! In all 30, upwards of 20% of grads currently borrow more from the fed govt than the proposed limits will allow. 8/
July 2, 2025 at 3:25 PM
Masters programs will be more affected than you might guess. Look at the 30 biggest MA progs by loan volume. In most, more than half of grads will need private loans to get through! In all 30, upwards of 20% of grads currently borrow more from the fed govt than the proposed limits will allow. 8/
You might think within fields, the limits will affect only expensive private colleges. Nope. While some for-profit Caribbean schools top the list of affected programs for MD programs, even at programs at many public colleges the majority of grads will need private loans to finance their training. 7/
July 2, 2025 at 3:25 PM
You might think within fields, the limits will affect only expensive private colleges. Nope. While some for-profit Caribbean schools top the list of affected programs for MD programs, even at programs at many public colleges the majority of grads will need private loans to finance their training. 7/
The focus on professional programs like MDs and dentists makes sense! The majority of borrowers in those fields are going to need private loans to make up for lost federal loans, and those loans are gonna be big! 6/
July 2, 2025 at 3:25 PM
The focus on professional programs like MDs and dentists makes sense! The majority of borrowers in those fields are going to need private loans to make up for lost federal loans, and those loans are gonna be big! 6/
There were a lot of incredibly bad ideas floating around for transitioning responsibility for student loans out of ED. And then there’s this buffoonery…
March 21, 2025 at 5:50 PM
There were a lot of incredibly bad ideas floating around for transitioning responsibility for student loans out of ED. And then there’s this buffoonery…
For those in DC, please stop by to show support for the amazing public servants at the Department of Education dedicated to equal opportunity for a quality education. #AEFP2025
March 13, 2025 at 5:50 PM
For those in DC, please stop by to show support for the amazing public servants at the Department of Education dedicated to equal opportunity for a quality education. #AEFP2025
For friends heading to SF this holiday or ASSA season, cannot recommend a trip to the SF MOMA enough - the Amy Sherald exhibit is astonishingly good @assameeting.bsky.social #Econsky
December 24, 2024 at 3:38 AM
For friends heading to SF this holiday or ASSA season, cannot recommend a trip to the SF MOMA enough - the Amy Sherald exhibit is astonishingly good @assameeting.bsky.social #Econsky