Will Restarting Student Loan Repayments Dampen Consumer Spending?

On June 3rd, President Biden signed the Fiscal Responsibility Act of 2023 into law suspending the debt ceiling until 2025 and averting a potential U.S. default. One provision of the law will require student loan repayments to resume for millions of Americans at the end of August[1], reducing discretionary income that can be spent in [...] The post Will Restarting Student Loan Repayments Dampen Consumer Spending? appeared first on ETF Trends .