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The student #loan moratorium’s end and resumption of payments on Oct. 1 present a near-term headwind to US #consumption, adding $200-$300 in monthly payments for borrowers, chart @MorganStanley
Following #SupremeCourt ’s decision striking down loan forgiveness, however, #Biden administration announced the Saving on a Valuable Education #SAVE plan, raising income thresholds at which payments must be made, capping max costs and reducing undergraduate loan payments by half.