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What will the end of the pause on student loan payments mean for retailers?

Apr 21, 2023
Discretionary spending may decline as people add those payments back into their budgets.
When payment obligations resume as expected this year, discretionary spending could dip and affect big-box retailers and local bistros alike.
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"Canceling student debt is the quickest way to narrow the racial wealth gap"

Apr 20, 2022
Proposals to reform the federal student loan system shed light on the relationship between student debt and economic inequality. UCLA's Hannah Appel joins us to discuss.
Borrowers owe more than $1.7 trillion in student loans, and those debts can delay major financial decisions.
Leigh Vogel/Getty Images for MoveOn & Debt Collective

White House to extend student loan payment pause through August

Apr 5, 2022
Borrowers will not be asked to make payments until after Aug. 31, and interest rates are expected to remain at 0% during that period.
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Pause in federal student loan payments has been a "game changer"

Aug 9, 2021
The Biden administration has extended the moratorium on payments and interest accrual into next year.
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One of the nation's biggest student loan servicers is pulling out. Where does that leave borrowers?

Jul 12, 2021
Seth Frotman, executive director of the Student Borrower Protection Center, says all student borrowers should be taking steps to protect themselves at this time.
Graduating students arrive for the Columbia University 2016 commencement ceremony in New York.
Timothy A. Clary/AFP via Getty Images

Pandemic makes Public Service Loan Forgiveness more difficult

Dec 9, 2020
For people pursuing student loan forgiveness, getting laid off means they're no longer able to make qualifying payments for PSLF.
Nearly 25% of people with student loans working in nonprofits or public service have had a significant change in their work situation during the pandemic, according to a recent survey from TIAA.
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No interest, no payments required on federal student loans until 2021

Aug 25, 2020
The Department of Education just extended temporary relief for borrowers with federally held student loans.
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Beth Kobliner on having the "talk" with your kids about the cost of college

Sep 27, 2018
Tips on less-terrifying ways to talk about the cost of college with kids.
About 60 percent of those who went to college had to take out student loans to pay for it. 
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