July 5, 2023
After three years, the federal government’s student loan repayment pause came to an end June 30. Come September, student loan servicers will begin to collect interest, and Nevadans with student loans will be expected to resume payments in October, per the U.S. Department of Education. As an expense borrowers have not had to consider in three years, economists are concerned repayment could boost defaults on all types of loans as well as depress discretionary spending, a potentially concerning trend for Nevada’s economy.
Comments
Use the comment form below to begin a discussion about this content.
Sign in to comment