Mervin Jebaraj, interim director of the University of Arkansas Center for Company and Financial Study, lately gave a presentation at the Quarterly Company Overview luncheon in Fayetteville. The presentation focused on employment and small business activity in the area in the course of the 1st quarter of the year. This occasion took location at the Hilton Garden Inn and Jebaraj shared insights on the existing financial circumstance.
Moving on to yet another subject, the pause in federal student loan payments, which was implemented in the course of the pandemic, is coming to an finish. Beginning this month, interest on these loans will start to accrue and actual payments will resume in October. This improvement will have a broad effect on the economy as a entire, as effectively as on men and women with student loan debt. The restart of loan payments will bring substantial modifications to each the general financial landscape and the individual finances of several borrowers.
General, the two events talked about, the presentation of Jebaraj and the resumption of federal student loan payments, are substantial events that will drastically influence the economy in unique techniques.