that the pause put about an extra $5 billion back into borrowers' pockets, giving them more economic freedom to not only buy a car, house, or other big expense — but to also leave their jobs in pursuit of better opportunities.
"I don't think a recession is going to happen, and I don't think the student-loan payments are going to be the thing that pushes us in. But they're a weight, it's about 20 million student-loan borrowers that haven't been paying, they'll have to begin paying more or less in September," Zandi said. much faster than in the wake of the 2008 financial crisis. The student-loan payment resumption risks jeopardizing that recovery.
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