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> It helps people who are in debt Does it really though? It definitely helps people who used low, fixed rate debt to buy assets that will appreciate with infl
by donmcronald 5y ago
> It helps people who are in debt
Does it really though? It definitely helps people who used low, fixed rate debt to buy assets that will appreciate with inflation, but does it really help the average person with $100k in student loans that isn't going to see a wage increase that comes anywhere close to the increased cost of living?
IMHO the answer is no.
- dehrmann 5y agoFederal student loans have a fixed interest rate. Assuming inflation makes its way to wages, that makes the education an appreciating asset.