**Consumer Companies Brace for Hit as Student Loan Repayments Resume**.
**Levi’s, Target, and other consumer-facing companies are anticipating a slowdown as Americans start repaying their student loans once again.**.
* After a two-year pause on federal student loan payments due to the COVID-19 pandemic, repayments are set to resume in January 2023..
* This will affect nearly 45 million Americans who collectively owe $1.7 trillion in student debt..
* Experts predict that the resumption of payments will reduce disposable income for many consumers, leading to a decrease in spending on non-essential items..
**Levi’s, a popular clothing retailer, is among the companies that expects to be impacted by the return of student loan payments.**.
* The company’s Chief Financial Officer, Harmit Singh, stated that the repayment resumption could have a .
