Student loan payments restarted after a COVID pause. Why the economy is barely feeling it

The relaunch of student loan payments this fall was expected to pose a hurdle to an economy facing a sharp slowdown and possibly even a recession next year. It isn’t, at least partly because many of the borrowers, who collectively owe $1 trillion, aren’t paying up amid a year-long grace period.…#nt #bidenadministrations #nancyvandenhouten #oxfordeconomics #vanhouten #michaelfiddelke #treasurydepartment #oxford #treasury #markkantrowitz
Source: Reuters: Health - Category: Consumer Health News Source Type: news