Posted about 3 years ago

Time to start paying the student loans

You can see from my post from over a year ago, I have been advocating that students start paying their loans for a long time.

Well the time appears to have come.

by my estimation there are about 10,000 people in Worcester who have student loans they are paying. Figure $500 a month

When they have to start paying again that will pull $5,000,000 a month out of the local economy.

This should reduce the number of possible buyers.

We are seeing a race right now for these buyers to get approved prior to having to start paying their loans.