News

How will President Biden’s new debt repayment plan impact the economy?

Published

on

After a three-year pause, monthly student loan payments are scheduled to resume and will likely have a big effect.

 
More than 4 million people have enrolled in President Joe Biden’s new student debt repayment plan, known as SAVE.

After a yearslong pandemic-related pause, student loan payments are set to resume in October and the program promises to lower their monthly bills.

Chris Carey, Portfolio Manager with Carnegie Investment Counsel joins Veronica Dudo to discuss. #money #debt #economy #studentdebt

Trending Now

Exit mobile version