Money with Murphy – Back to School, Back to Student Loan Payments

Back-to-school season brings tuition bills into focus, but the effects of student debt can last for decades. Borrowers are facing missed payments, damaged credit, and difficult tradeoffs involving spending, homeownership, and retirement savings. In this week's Money with Murphy, Kara looks at what those challenges mean for individual households and why the broader consumer remains on relatively solid footing.