Posted June 5, 2020
Surprised, frustrated, stressed, and worried describe Americans’ responses to the Coronavirus (COVID-19) pandemic.
The economic impact of the pandemic has caught many people by surprise. Nearly one-fourth of Americans have filed for unemployment assistance. Financial experts report that even before the pandemic attack, about 49% of Americans were already living paycheck to paycheck. So many people have little to no savings to weather financial difficulties. In addition, about 44.7 million people also are worried about their student loan debt payments. Fortunately, the federal government has suspended most student loan payments for six months.
Download this article on how people can balance these financial challenges and their student loans in a COVID-19 economy.