Digital Desk: Student loan budgets [Video]
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Small Business Funding

Digital Desk: Student loan budgets [Video]

Published: Oct. 2, 2024 at 11:39 AM CDT|Updated: 5 hours ago

MEMPHIS, Tenn. (WMC) – A new survey from a non-profit found that 74% of borrowers with student loan balances have had to make budgetary changes to make their payments, according to the National Endowment for Financial Education.

  • 28% of those surveyed say they’ve had to cut up to $500 from their monthly budgets
  • 21% have had to cut between $500 and $1,000
  • 10% have had to cut more than $1,000

President & CEO of, the National Endowment for Financial Education Dr. Billy Hensley, joined the Digital Desk to discuss more.

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