US Consumers Forced To Record Borrowing For Student Loans As Income Plummets Most In Twenty Years in January - InvestingChannel

US Consumers Forced To Record Borrowing For Student Loans As Income Plummets Most In Twenty Years in January

Consumer borrowing in January rose $16.2 billion in January from December to a total of $2.8 trillion, according to the Federal Reserve 90% of the borrowing was for student loans…