(Photo: Shutterstock)
After more than three years on pause, federal student loan payments are scheduled to resume in October. For the 43 million Americans holding this debt, the resumption of a monthly payment averaging $503 might come as a shock. Household budgets will feel squeezed, discretionary cash stretched thinner and financial stress becoming even more palpable. Financial stress and trauma are already pressing issues for nearly three-quarters of American workers.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
