Student Loan Payments Resume, Putting Financial Strain on Millions of Borrowers and Potentially Impacting Consumer Spending

Student loan payments resumed in October after a over 3-year pause.

Around 40 million Americans have outstanding student loans.

October will be financially difficult for many with student loans.

Wedbush analyst says certain retailers are at risk as consumers have less disposable income.

Retailers like Best Buy, Wayfair, and Williams-Sonoma may be impacted by lower consumer spending.