Link: https://www.npr.org/2022/04/15/1093113723/the-student-loan-paaaaauuuuuse
For some, the student loan repayment pause that started in 2020 has allowed people to purchase houses, cars, and have babies. Most student loan borrowers have not made any payment towards their loans because there is no incentive to; especially with the Biden Administration promising $10,000 of loan forgiveness. If loan repayments were to resume it could be detrimental to those that are not prepared to start making those payments again.
Original Air Date: April 15, 2022
Length: 22 Minutes 44 Seconds
Discussion Prompt: What do you think the macroeconomic consequences would be if the government resumed loan payments?
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