Daniel Mangrum

You can find me at the new place: @danielmangrum.com

Economist at @NYFedResearch. Alum of @uofmemphis & @VanderbiltEcon. Views are all mine.

[Daniel Mangrum @danielmangrum]

We recently released a new paper on the White House’s student loan forgiveness proposal where we account for the stock of potentially eligible loans, explore who benefits, and compare the policy’s progressivity to alternatives and other policies.

🧵 👇

https://t.co/r0GELUuNyJ

[New York Fed Research @NYFedResearch]

Financial Education and Household Financial Decisions During the Pandemic

By Donghoon Lee, Daniel Mangrum, Wilbert van der Klaauw, and Crystal Wang

>>> https://t.co/3cKiGr7blR

#FinancialEducation #NewYorkCMD

[Daniel Mangrum @danielmangrum]

😎

[Liam Quigley @_elkue]

“Welcome to our trash revolution.” Mayor Adams introduces the new bin that buildings with 1-9 units will be required to use instead of loose bags of garbage

[Daniel Mangrum @danielmangrum]

@emilycook_econ Congratulations!

[Daniel Mangrum @danielmangrum]

@Andrew___Baker Totally agree, from my 100% unbiased perspective

[Daniel Mangrum @danielmangrum]

@emmagf My 2 year old has already learned to point at the car and say “No!” when they do this.

[Daniel Mangrum @danielmangrum]

@johnjhorton I need to know about footwear diversity

[Daniel Mangrum @danielmangrum]

That was an earthquake, right?

[Daniel Mangrum @danielmangrum]

See you tomorrow #AEFP2024

[AEFP @aefpweb]

Safe travels to #AEFP2024! We can't wait to see you!

[Daniel Mangrum @danielmangrum]

@paulgp As long as you have more content by June, I’m happy

[Daniel Mangrum @danielmangrum]

@paulgp 👀

[Daniel Mangrum @danielmangrum]

@paulgp Thanks for sharing this!

[Daniel Mangrum @danielmangrum]

@dbergstresser 434 unread messages gave me an aneurism

[Daniel Mangrum @danielmangrum]

Behold. The Future of Trash.

[Emma G. Fitzsimmons @emmagf]

Here’s a demo of New York City’s new automatic side loading garbage truck lifting large on street containers. A pilot program is expanding to all of Community Board District 9 in West Harlem.

[Jason Delisle @delislealleges]

Nice chart on how voluntary student loan payments started to pick up after SCOTUS struck down the Biden administration's loan forgiveness plan and with the pending resumption in interest accrual. https://t.co/L9iSNYNZph via @LibertyStEcon

[Daniel Mangrum @danielmangrum]

Here’s a new post from yesterday where we dig into borrower expectations for the resumption of student loan payments. We asked federal student loan borrowers about IDR enrollment, potential changes to spending, and expectations for missed student and non-student-debt payments.

[New York Fed Research @NYFedResearch]

From @LibertyStEcon

Borrower Expectations for the Return of Student Loan Repayment

https://t.co/CUXhBgY4fW

[New York Fed Research @NYFedResearch]

JOIN US ONLINE
NY Fed economists and research analysts will discuss #career paths for students interested in #economics.

Students, guidance counselors, and professors are welcome.

Wednesday, Oct. 18
4:00–5:30 pm ET
Learn more and register:
https://t.co/7wGEtVDP52

#EconJobs

[Daniel Mangrum @danielmangrum]

You might notice that Aug and Sept 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 Sept 1st.

[Daniel Mangrum @danielmangrum]

This piece cites an estimate for annual student loan payments of… $120 billion! They took the pre-pandemic average monthly payment and multiplied that by the total number of borrowers. One problem: around half won’t be entering repayment.

https://t.co/kPAhj1IKMc

[Daniel Mangrum @danielmangrum]

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.