I’m a Senior Economist in the Office of Research at the Consumer Financial Protection Bureau (CFPB). Contact: tsc154@gmail.com

Currently on detail to the Antitrust Division, U.S. Department of Justice.

My research looks at how firms and individuals respond to government programs and regulations, and the implications for consumer well-being. Recently, I’ve been working on projects related to housing markets and student loans.

Working Papers:

Mortgages for Second Residences and Housing Markets (with Zachary Blizard and Georgia Ronis von Helms), CFPB Office of Research Working Paper No. 2025-03. (SSRN version here)

Refereed Publications:

Changing the Scope of GSE Loan Guarantees: Estimating Effects on Mortgage Pricing and Availability (with Alexei Alexandrov and Sergei Koulayev), Journal of Real Estate Finance and Economics (2022). (Published version here)

Compliance and Competition with Heterogeneous Service Providers: The Federal Lifeline Program, Journal of Regulatory Economics. Vol. 57, p. 74-104, (2020). (Published version here)

Crowd-out or Affordability? The Lifeline Expansion’s Effect on Wireless Service Spending, Journal of Policy Analysis and Management. Vol. 37, Issue 2, (2018). (Published version here)

Reports:

Insights from the 2023-2024 Student Loan Borrower Survey (with Isabelle Caldwell, West Garrett, Christa Gibbs, Cooper Luce, and Michael Murto), CFPB Office of Research Report, (2024).

An Analysis of the First Seven Months of the Federal Student Loan Return to Repayment (with Christa Gibbs), CFPB Office of Research Report, (2024).

Student Loan Borrowers Potentially at Risk when Payment Suspension Ends (with Christa Gibbs and Vanessa Jimenez-Read), CFPB Office of Research Special Issue Brief, (2022).

• Blog update, Jun. 2023

Data Point: Borrower Experiences on Income-Driven Repayment (with Christa Gibbs), Consumer Financial Protection Bureau Data Point Series No. 19-5, (2019).

Data Point: Final Student Loan Payments and Broader Household Borrowing (with Nicholas Tremper), Consumer Financial Protection Bureau Data Point Series No. 18-2, (2018).