Student Loan Payments news and trends

Economists Expect Limited Macro Impact From Student Loan Payment Resumption
Consumer Finance // October 02, 2023

The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While the approximately 43 million borrowers with student loan debt will face increased obligations and reduced ability to spend on discretionary...

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Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days

October 10, 2023
Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals that price-conscious shoppers are primarily gravitating towards low-cost kitchen gadgets and apparel instead of splurging on big-ticket items, Bloomberg reported Tuesday (Oct. 10). During the first eight hours of the retailer’s Prime […]

Economists Expect Limited Macro Impact From Student Loan Payment Resumption

October 02, 2023
The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While the approximately 43 million borrowers...