The resumption of student-loan payments is expected to add further strain.
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AdvertisementAdvertisementThe US economy has thrived over the past three years, since the initial shock of COVID-19 gave way to a rapid recovery.
Here's what banks and economists are saying about the impact of the student-loan payment resumption on the economy.
AdvertisementAdvertisementWhat will happen to the economy with the student-loan payment restartIt's difficult to predict how exactly the economy will respond to a surge of borrowers facing student-loan payments again — and it depends on a number of factors.
Persons:
—, Marshall Steinbaum —, University of Utah —, Jerome Powell, Wells Fargo, Goldman Sachs, Jeff Gennette, Michael Fiddelke, Jefferies, Education James Kvaal
Organizations:
Service, Family Institute, University of Utah, Education Department, Federal, United Auto Workers, Bank of America, Education
Locations:
Helena