Time to start paying the student loans

Reduce inflation, Have Student loan Buyers start paying again

You can see from my post from over a year ago, I have been advocating that students start paying their loans for a long time.

Well the time appears to have come.

Impact on the Local Economy

By my estimation, there are about 10,000 people in Worcester who have student loans they are paying. If we consider an average payment of $500 a month, this will result in:

• $5,000,000 a month being pulled out of the local economy.

Effects on Home Buyers

This significant financial burden should reduce the number of possible buyers in the housing market. We are seeing a race right now for these buyers to get approved prior to having to start paying their loans.

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