‘Not a gift-giving year’: student loan debt upends US borrowers’ holiday spending
NegativeU.S News

- A recent survey revealed that 40% of student loan borrowers in the U.S. are struggling to meet basic needs due to their debt, a situation exacerbated during the holiday season. This financial strain is particularly evident among borrowers like Ben L, who, despite earning a six-figure salary, finds himself overwhelmed by student loans after attending prestigious universities.
- The impact of student loan debt on holiday spending reflects a broader economic challenge for many Americans, as individuals are forced to prioritize essential expenses over traditional gift-giving during this time of year.
- This financial burden comes amid ongoing debates about economic management, with former President Trump attributing economic difficulties to current policies while many voters express dissatisfaction with the economy, highlighting a disconnect between political narratives and the lived experiences of citizens.
— via World Pulse Now AI Editorial System




