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The Independent UK
The Independent UK
National
Paul Wiseman

Retailers beware: Resumption of student loan payments could lead some buyers to pull back

Copyright 2023 The Associated Press. All rights reserved.

The reprieve is over. Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.

The suspension of federal student loan payments, which took effect at the height of the pandemic in 2020, expires late this summer. Interest will start accruing again in September. Payments will resume in October.

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