UCI News

Millions may struggle to repay student loans if ‘pause’ expires in May, study says

Phys.org, March 24, 2022

March 24, 2022

Millions may struggle to repay student loans if ‘pause’ expires in May, study says

“Put plainly, the pause on student loan payments worked,” said Professor Dalié Jiménez, Director of the Student Loan Law Initiative at UC Irvine Law. “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.”