Community Development Research Briefs

April 23, 2019

At What Cost? Student Loan Debt in the Bay Area


For most Americans, an investment in higher education is a key driver of economic security and mobility. However, rapidly rising costs of attendance, combined with stagnant wages and inadequate support systems for vulnerable borrowers have resulted in outcomes that are at odds with our collective vision of higher education as a crucial foundation for achieving the American Dream. This report highlights the local contours of this issue in the nine-county San Francisco Bay Area region, particularly for low-income communities and communities of color, using Federal Reserve Bank of New York Consumer Credit Panel/Equifax Data.

Article Citation

Shrimali, Bina, Jacob DuMez, and Sarika Abbi. 2019. “At What Cost? Student Loan Debt in the Bay Area,” Federal Reserve Bank of San Francisco Community Development Research Brief. Available at

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