Student Loan bills Resume for 40 Million Americans

Student Loan bills Resume for 40 Million Americans

Posted By: RumorMail
Date: Monday, 2-Oct-2023 10:32:15
http://www.rumormill.news/230087

Annie Nova
@AnnieReporterThe pandemic-era pause on federal student loan payments ends Sunday, leaving as many as 40 million Americans on the hook for a new monthly bill.Economists caution that the impact on households and the economy remains largely uncertain, but retailers and lenders are bracing for a hit.“The economy will struggle in the fourth quarter, in meaningful part due to the end of the student loan payment moratorium,” said Mark Zandi, chief economist at Moody’s Analytics.

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