7 Stocks to Load Up on as Student Loan Payments Resume

Share

Share

Continue to Slide 1

As the calendar turns to October, millions of Americans will have to manage the return of student loan payments. As a refresher, the Trump administration enacted a moratorium on student loan payments at the onset of the pandemic in March 2020.  

That moratorium remained in force until Congress passed the Fiscal Responsibility Act in June 2023. At that time, borrowers were told that payments would resume in October 2023.  

Many consumers are already feeling the pinch from sticky inflation and higher interest rates. That has analysts rightly concerned about what the effect of the repayments will mean for the economy and the stock market.  

Like many things, the answer depends on what parts of the economy and which stocks you're interested in. With events like these, there are always leaders and laggards. The trick is to ensure you're buying the former and avoiding the latter. Here are seven stocks that investors should consider buying to take advantage of market conditions surrounding the return of student loan payments

Click the "Continue to Slide #1" button to view the first company.