**Consumer Companies from Levi’s to Target Brace for a Hit from Student Loan Repayments**.
**New York –** As the six-month student loan repayment pause nears its end, consumer companies are bracing for a potential hit to their bottom lines..
With over 40 million Americans holding a collective $1.7 trillion in federal student loan debt, the resumption of payments is expected to reduce disposable income and impact consumer spending..
**Levi Strauss & Co.**, the iconic denim brand, has already taken a cautious stance, lowering its sales forecast for the year. In a recent earnings call, CEO Chip Bergh cited the student loan repayment restart as one of the factors contributing to the company’s conservative outlook..
**Target Corporation**, the Minneapolis-based retail giant, has also expressed concerns about the impact of student loan payments on its customers. .
