Student loan repayment restart — what it means for you

Mobile Money by moomoo

About the episode:
If you're like the millions Americans with outstanding loans, paying off debt is a constant struggle. Whether it's credit card debt, car payments, or student loans, making those monthly payments can feel overwhelming. But what happens when the clock stops ticking?
That's precisely what happened three years ago when the former U.S. president Donald Trump paused federal student loan repayments at the beginning of the COVID-19 pandemic. For over three years, payments and interest were on hold.
Last month, repayments resumed — and suddenly, millions of Americans are now back on the hook for average monthly payments.

Join us as our host Justin Zacks discusses the impact of the restart of student loan repayments and debunks some of the most common misconceptions surrounding student debt. Whether you're struggling with your student loans or want to understand the wider impact it has on the lives of borrowers, this episode has got you covered.
About our host:
This episode of Mobile Money by moomoo is hosted by Moomoo Technologies Inc.’s Vice President of Strategy and Growth, Justin Zacks. Justin Zacks began his career on the trading floor, trading equities and foreign exchange derivatives for companies including UBS and Prudential-Bache Securities.
Before joining moomoo, Zacks was a reporter for Bloomberg’s equities division. Prior to this, he analyzed and provided commentary on M&A and event driven situations at both Reorg and Dealreporter. Zacks received a B.S. in Economics from the University of Pennsylvania's Wharton School of Business.
Zacks helps to identify risks and new growth opportunities for the company’s online trading business while also assisting in optimizing its existing business lines. Zacks also provides internal and external thought leadership about market dynamics and trading while also serving as the spokesperson for the company in the US. Zacks guides and facilitates the distribution of moomoo’s news products to its users.
He is an active member of the Moo community where he interacts daily with users in a special social section of the moomoo trading app.
Disclaimer: The opinions expressed are those of the host and any guest speaker, and not necessarily those of Moomoo Technologies Inc. or its affiliates. The podcast is provided for informational and educational purposes and is not a recommendation or endorsement of any particular investment or investment strategy that may be mentioned or covered in the pod. All investments involve risk and the loss of principal is possible. Moomoo is not affiliated with any outside guests or their companies. Information provided in this podcast is general in nature and may not be appropriate for all investors. The moomoo app is an online trading platform offered by Moomoo Technologies Inc. Securities, brokerage products and related services available through the moomoo app are offered by Moomoo Financial Inc., a member FINRA/SIPC.
The information contained on this podcast is general in nature and has been prepared without any consideration to the listener’s investment objectives, financial situations or needs. Listeners should consider the appropriateness of the information having regard to their personal circumstances before making any investment decisions.