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The end of the student loan payment moratorium comes at a tough time for the economy

Given the economic fallout from the end of the payment moratorium, getting monetary policy right will be considerably more difficult.

The cap of a University of Iowa graduates candidate is decorated with a message to "Cancel student debt" during a commencement ceremony for the College of Liberal Arts and Sciences in 2022. (Joseph Cress/Iowa City Press-Citizen via AP, File)
The cap of a University of Iowa graduates candidate is decorated with a message to "Cancel student debt" during a commencement ceremony for the College of Liberal Arts and Sciences in 2022. (Joseph Cress/Iowa City Press-Citizen via AP, File)Read moreJoseph Cress / AP