Constantine Yannelis

Constantine Yannelis is an assistant professor at the University of Chicago Booth School of Business. He conducts research in finance and applied microeconomics. His research focuses on household finance, public finance, human capital and student loans. His recent research primarily explores repayment, information asymmetries and strategic behavior in the student loan market. Yannelis’ academic research has been featured in The Wall Street Journal, Financial Times, The New York Times, The Washington Post, The Economist, Bloomberg, Forbes and other media outlets and has been published in leading academic journals.

Income-Driven Repayment Provides a Way to Offer Student Loan Forgiveness to Those Who Need It the Most

Direct loan cancellation is not the only policy option to lower student debt. If policymakers want more targeted loan forgiveness, aimed at lower income individuals, there...

The Paycheck Protection Program, Meant to Prevent Mass Layoffs, Missed Its Target

A new study shows that CARES Act funds to support small companies and prevent mass layoffs did not flow to areas more adversely affected...

From Borrowing to Stockpiling: How The Virus Outbreak Changed American Household Consumption

The first academic study of American consumers' reaction to the pandemic finds that total spending rose by half between February 26 and March 11,...

How a Simple Tweak to a Federal Form Could Help Borrowers Potentially Avoid Defaulting on Student Loans

A federal program seeks to help borrowers avoid defaulting on their student loans through income-based repayment plans, but many eligible borrowers do not enroll....

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