Archive: Behavior
The pause in federal student loan payments during COVID has been a golden opportunity to chop down the debt. In March 2020, Congress stopped charging interest on the loans when it suspended the monthly payments. The moratorium is slated to continue through June. The zero-interest loan means inflation actually eroded the value of the debt,…
Now that COVID is fading, researchers looking back on the financial assistance passed by Congress during the pandemic are concluding that it helped millions of Americans get through a time of unprecedented distress. That the assistance would be adequate was not obvious in the midst of the economic turmoil in 2020 as COVID unfolded…
![shutterstock_547594507 [Converted]](https://crr.bc.edu/wp-content/uploads/2023/03/shutterstock_547594507-Converted-548x480.png)
