Key Words: A ‘$100 billion drag’ on U.S. consumer spending is coming. Here’s what’s behind it

Key Words: A ‘$100 billion drag’ on U.S. consumer spending is coming. Here’s what’s behind it

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There are a total of 45 million people in the U.S. with student-loan debt, which currently totals $1.7 trillion — and the average monthly repayment is approximately $200, according to data from Experian EXPGY, . That will create a multi-billion-dollar spending squeeze for borrowers, particularly…

#experian #supremecourt #republicans #bankofamericabac

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