2min chapter

Moody's Talks - Inside Economics cover image

Forecast Surprises, Successes and Slip-Ups

Moody's Talks - Inside Economics

CHAPTER

What Is Bothering People That Might Be Overdone?

The student loan debt moratorium comes to an end. 22 million student loan borrowers will have to start paying, uh, their average monthly payment is say $275, $300 a month. If they all stop in October, November, December, the fourth quarter and you take a quarter percentage point, annualize on a quarterly basis, that's 1% of GDP. That kind of gives you a sense of magnitude.

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