Student loan payments expected to pull billions of dollars out of local economy
Median income families will put roughly 8% of their paychecks towards monthly student loan repayments, says ASU expert.
In this story published Aug. 14, 2023, on ABC15:
Younger consumers with smaller annual income will have to make some hard decisions about their spending, but overall the economy will continue along the normal business cycle.
– Lee McPheters, director of the JPMorgan Chase Economic Outlook Center and L. William Seidman Research Institute research professor
Latest news
- Shamrock Farms and ASU announce 5-year partnership
In addition to supporting Sun Devil Athletics, the collaboration will enhance opportunities for…
- Five-year ASU-Shamrock Farms agreement expands athlete nutrition and career pathways
Dean Ohad Kadan shares how the partnership will benefit W. P. Carey students.
- Redefining fitness for the world
Entrepreneur and cultural ambassador Payal Kadakia turned her vision into a billion-dollar…