Millions of People Aren’t Paying Their Student Loans. That’s Everyone’s Problem

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 30 May 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

More Americans are falling behind on college debt payments, squeezing their budgets and lowering their credit scores. Wall Street Journal economics reporter Jason Lahart joins host Callum Borchers to explain why student-loan woes could stifle consumer spending and hurt the economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:33.4	Here's your money briefing for Friday, May 30th. I'm Callum Borsh for the Wall Street Journal.
0:41.3	The student loan bill is due, or past due, like way past due for millions of Americans who are now officially delinquent.
0:50.5	Bummer for them, but does it matter for everyone else?
0:53.5	Every penny that you have to pay down your debt is a penny that you're not spending on something else.
1:00.6	So, you know, that will weigh on the economy.
1:03.8	We'll look at the ripple effect if a whole lot of people don't pay back their college debts.
1:08.5	Wall Street Journal economics reporter Justin Layhart joins us after the break.
1:21.6	Whoa, look! Is that Dragonite?
1:25.7	Dragon-type Pokemon have arrived.
1:28.2	Discover in Happy Meal now.
1:30.7	Some fun, some food, it's all inside this Happy Meal.
1:34.9	Until 17th of June, Prim 11am, includes one pre-selected book or toy.
1:38.4	Pokemon range comprises toys only, whilst those last.
1:58.0	Millions of Americans who borrowed money from the federal government to go to college or facing a harsh reality.
2:01.6	Uncle Sam wants his money back, and he's willing to use tough tactics to get it. Wall Street Journal economics reporter Justin Layhart has been digging into what this
2:06.2	means for debtors and the rest of us. Justin's student loan payments restarted in late
	...

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