Publications

27 Jan 2016
News

MBA-Founded Student Loan ReFi Firms Take Off

Keywords: Finance

March 1976 (Revised May 1993)
Teaching Note

Guaranteed Student Loan Program (A), Teaching Note

By: Regina E. Herzlinger

Keywords: Education; Financing and Loans; Programs

10 Dec 2020
News

Canceling Student Loan Debt Leads To Higher Income And Better Jobs, Clever Study Finds

10 Feb 2014
News

Get $100,000, Give Up 6% of Your Pay

Keywords: Student loans; Upstart; Clothing and Clothing Accessories Stores; Retail Trade

27 Sep 2019
Blog Post

HBS Alumni and Students Take On the Climate Crisis

Talking About Climate Change in the MBA Classroom Cause or solution? Risk or opportunity? How business leaders should own up to and tackle climate change is at the forefront of the MBA classroom at Harvard Business School. Students from... View Details

February 1997
Background Note

Savings and Loans and the Mortgage Markets

By: Robert C. Merton and Alberto Moel

Provides a brief overview of the history of the savings and loans, the savings and loans crisis of the 1980s and 1990s, and the creation of the mortgage markets in the United States. Also explains briefly the most common types of mortgage-backed securities available. View Details

Keywords: History; Debt Securities; Markets; Mortgages; United States

11 Feb 2015
Research & Ideas

Politicians Benefited From Using Toxic Loans

Talk of the recent financial crisis often falls into a simplistic narrative of villainous banks, marketing toxic financial products to innocent customers who did not understand their risks. Among the storied victims are municipal... View Details

Keywords: by Carmen Nobel; Financial Services

October 2013 (Revised November 2013)
Case

Blackstone and the Sale of Citigroup's Loan Portfolio

By: Victoria Ivashina and David Scharfstein

The credit boom that preceded the 2007-2009 financial crisis led to several lending practices that exposed banks to large risks. In particular, when the financial crisis unraveled, there were several billion dollars' worth of leveraged buyout (LBO) loans that were... View Details

Keywords: Restructuring; Private Equity; Insolvency and Bankruptcy; Credit Derivatives and Swaps; Financial Markets; Investment; Banking Industry; Financial Services Industry

24 Apr 2014
News

Student turns family health crisis into online solution

CareSolver, is an online health care service platform that offers families customized care guides as well as educational material and resources. The goal is to help caregivers get better care for their aging loved ones at a lower cost. Harvard Medical School... View Details

Web

Loan Reduction - Entrepreneurship

Loan Reduction ROCK CENTER LOAN REDUCTION PROGRAM The Rock Center Loan Reduction Program helps to reduce the educational debt repayment burden for a limited number of... View Details

27 Mar 2020
News

CPD Taps Alumni Network to Help Students Navigate Crisis

Kristen Fitzpatrick (MBA 2003) Kristen Fitzpatrick (MBA 2003) HBS Career and Professional Development (CPD) has pivoted quickly in recent weeks to help first- and second-year students who are still in need of internships and... View Details

20 Aug 2022
News

On the Cusp of Student Loan Forgiveness, Two Bostonians Grapple with Their Debt

March 2007 (Revised January 2008)
Case

Korea: After the 1997 Financial Crisis

By: Laura Alfaro, Rafael M. Di Tella and Renee Kim

Examines what happened to Korea after the 1997 financial crisis and the implementation of the IMF-mandated reforms imposed on Korea as conditionalities to the country's emergency loan package. View Details

Keywords: Financial Crisis; Macroeconomics; Financing and Loans; Governing Rules, Regulations, and Reforms; Crisis Management; South Korea

December 2008
Case

The Financial Crisis of 2008

By: J. Gunnar Trumbull

This case presents excerpts from the speeches of observers to the 2008 financial crisis, including former and current central bankers, a private banker, and a Nobel-prize winning economist. They present different interpretations of the causes of the financial crisis... View Details

Keywords: Financial Crisis; Financial Management; Policy; History; Perspective

Web

Loan Assistance Programs - Alumni

Careers Careers Loan Assistance Programs HBS offers a variety of career support programs for eligible students and new alumni that provide financial assistance for those who choose careers in which starting... View Details

November 1988 (Revised January 1996)
Case

Note on Management of Crisis

By: Rosabeth M. Kanter

Intended to be used in cases dealing with crisis management and gives students a more theoretical perspective on leadership during volatile periods of business activity. Written to accompany the Lucky Stores case series. View Details

Keywords: Crisis Management; Leadership; Management; Theory

March 2011
Article

Institutional Demand Pressure and the Cost of Corporate Loans

By: Victoria Ivashina and Zheng Sun

Between 2001 and 2007, annual institutional funding in highly leveraged loans went up from $32 billion to $426 billion, accounting for nearly 70% of the jump in total syndicated loan issuance over the same period. Did the inflow of institutional funding in the... View Details

Keywords: Leveraged Buyouts; Financial Crisis; Credit; Debt Securities; Financing and Loans; Interest Rates; Investment

SSRN

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April 2012
Article

Corporate Ownership Structure and Bank Loan Syndicate Structure

By: Chen Lin, Yue Ma, Paul Malatesta and Yuhai Xuan

Using a novel data set on corporate ownership and control, we show that the divergence between the control rights and cash-flow rights of a borrowing firm's largest ultimate owner has a significant impact on the concentration and composition of the firm's loan... View Details

Keywords: Ownership; Financing and Loans; Cash Flow; Borrowing and Debt; Accounting; Crisis Management; Relationships; Law; Contracts; Banking Industry