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That's a completely nonsensical way to do accounting. $1 today != $1 with risk of non-payment 5 years from now. The correct way to compare is to do time discou
by yummyfajitas 10y ago
That's a completely nonsensical way to do accounting. $1 today != $1 with risk of non-payment 5 years from now.
The correct way to compare is to do time discounting at market interest rates (i.e. what interest rates would be if the feds did not act as backers for student loans).