The Potential Impact of Student Loan Repayments on the US Economy

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Discussion on how student loan repayments restarting will affect the US economy and the potential downward pressure caused by other factors such as high interest rates, a possible government shutdown, spike in energy prices, and auto worker strike. Includes the personal story of John Greisa, a mechanical engineer in Connecticut who is starting to pay $750 per month towards his $58,000 student loan debt.

European government bond prices dropped sharply as investors took fright at Italy’s larger than expected budget deficit, optimism for the IPO market seems to be fading, and the FT’s Colby Smith explains the economic impact of US student loan payments restarting.

Mentioned in this podcast:

European bond market hit by Italy’s plans for higher borrowing

Rising headwinds threaten US economy’s resilience

Instacart and Arm shares lose steam after IPO pops

Millions of US borrowers brace for the return of student debt payments

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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