Tag: SoFi Technologies
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Resuming Student Loan Payments: Implications for Borrowers and Industries
An estimated $5-$10 billion in consumer spending power is set to be redirected toward federal student loan payments, impacting millions of borrowers. This shift will have winners and losers in the market. 43 Million Americans to Repay $1.6 Trillion in Student Loans The U.S. government’s decision to end the pause on student loan payments and…