Student loan repayments will hit economy; how hard depends on who’s being hit
ASU expert estimates the average individual annual student loan repayment in Arizona to be $6,000.
In this story published Aug. 18, 2023, in the Phoenix Business Journal:
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, research professor of economics and director of the JPMorgan Chase Economic Outlook Center
Latest news
- John W. Teets Awards honor legacy, celebrate teaching
Each year, the W. P.
- W. P. Carey honors Spring 2024 Dean’s Medalists
Each graduation season, the W. P.
- W. P. Carey alum prioritizes giving back to the Sun Devil community
Alum Raymond Schlaff (BS Management ’78) and his wife, Shinlei Schlaff…