Lochner portrait

Lance Lochner

Date: Thursday, February 13, 2014
Time: 4 PM
Place: Linfield 125

Title: Re-Designing Student Loan Programs: A Difficult Balancing Act

Sponsoring department: Agricultural Economics & Economics


Governments and individuals spend considerable and growing sums on higher education. The way these investments are financed has important implications for social mobility, the distribution of income and economic growth.  This lecture will focus on family financing and the role of student loans. Major changes in North American labor markets and education sectors have prompted a re-evaluation of student loan policies. Two seemingly contradictory patterns have emerged in recent years. On the one hand, more and more students appear to face limited resources and credit, restricting their higher education choices. On the other hand, many students appear to be leaving college with very high debt levels that are difficult to re-pay. Dr. Lochner will discuss these two growing challenges and their implications for the optimal design of student loan policies.

About the speaker:

Dr. Lance Lochner received a bachelor’s degree in economics from the University of Wisconsin-Madison in 1993 and a Ph.D. in economics from the University of Chicago in 1998.  Upon completion of his Ph.D., Dr. Lochner spent time as a faculty member in the Department of Economics at the University of Rochester and as a Hoover Institute National Fellow at Stanford University.  He is currently a professor of economics at the University of Western Ontario where he teaches courses on the economics of human behavior and also serves as the director of the CIBC Centre in Human Capital and Productivity.

Dr. Lochner is a labor economist with specific interests in the economics of education and the economics of crime.  His research has appeared in leading economics journals such as the Canadian Journal of Economics, International Economic Review, and American Economic Review.  Dr. Lochner also holds an editorial position with the Journal of Labor Economics and an associate editorial position with the Journal of Applied Econometrics.