Student Loan Repayments Weigh on Young People Facing Holiday Spending
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All Myshelle Bey’s 4-year-old daughter wants for Christmas is a Barbie Dreamhouse. The toy costs around $200, which is cost prohibitive for the single mother from Boston. “She has had her heart set on it all year,” Bey said. “I’m sitting here determining which bill would I be OK with being behind on to give my child the Christmas that she deserves.” As it is, paying for basic necessities such as...