The global community has been flabbergasted by the outbreak of COVID-19, and the disease has spread worldwide. This COVID-19 disease had an impact on more than just the economy. In reality, it also has a negative effect on students. If the graduated student is unemployed, the problem will worsen because many areas of the economy are reducing work possibilities in order to cut costs. The current study examines the influence of COVID-19 on graduated student income and the ability to repay education loans. First, the study investigates the factors contributing to the difficulties recently graduated students face in repaying their education loans during the COVID-19, including graduated student income, cost of living, and underpaid jobs. Following the factors mentioned earlier, the study shows the impact of COVID-19 on a graduated students income. Finally, there are implications for future thorough research on the effect of COVID-19 on graduated student income and the ability to repay education loans.