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Sep 30, 2022

Consumers got back to spending … or it appears that way, at least

The news will say consumers were “resilient” in August, but Christopher Low tells us there’s more to it than that. Senior economics contributor Chris Farrell helps explain President Biden’s income-driven repayment plan for student loans.

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Consumers appeared resilient for August, but so did inflation.
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Segments From This Episode

What’s behind Biden’s income-driven repayment plan for student loans?
by Sabri Ben-Achour, Chris Farrell and Erika Soderstrom
Robyn Beck/AFP via Getty Images
The proposal could be a step “toward a vastly simpler and lower-cost way to pay for higher education,” says economics contributor Chris Farrell.

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Brian Allison Technical Director
Nick Esposito Media Producer

Marketplace®

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Consumers got back to spending … or it appears that way, at least

Subscribe:

Segments From This Episode

What’s behind Biden’s income-driven repayment plan for student loans?

The Team