Borrowers prepare to resume student loan payments /
Over 45 million Americans have student loans through the government, putting borrowers in debt for a total of USD 1.6 trillion. In March 2020, the Trump administration paused student loan payments as a pandemic relief measure in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The pau...
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| Format: | eBook |
| Language: | English |
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London :
SAGE Publications: SAGE Business Cases Originals,
2023.
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| Series: | Sage business cases.
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | Over 45 million Americans have student loans through the government, putting borrowers in debt for a total of USD 1.6 trillion. In March 2020, the Trump administration paused student loan payments as a pandemic relief measure in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The pause was continually extended, but is now set to end with interest accruing again in September 2023 and payments due starting in October. This case asks students to discuss the wider economic impact of lifting the pause on student loan repayment. |
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| Physical Description: | 1 online resource. |
| ISBN: | 9781071932766 1071932764 |