Study on impact of student loan pause

Study on impact of student loan pause

“Put plainly, the pause on student loan payments worked,” said [Professor] Dalié Jiménez, director of the Student Loan Law Initiative at the University of California, Irvine. “This new research shows that when people with student debt were thrown an economic lifeline by the government, they caught it—building stronger credit, paying down other debts and weathering the pandemic while limiting damage to their financial lives.”