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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is terrible for inflation. Now all those people will just take the money they would have spent on loan payments and go buy more crap. We don’t need to stimulate the economy, we need to cool it. [/quote]
Tell me you don’t have student loans without telling me you don’t have student loans :roll: If you are in a position where you qualify to have $10k forgiven, chances are you have tens of thousands more in student loans that you still need to pay back, so this amounts to maybe a few hundred extra bucks a month, hardly enough to move the inflation needle. The bigger issue is the continued moratorium on payments, because there are people like me who are TPSLF eligible and purposely haven’t paid a penny in nearly 3 years. We definitely are spending in ways we wouldn’t have otherwise because we are getting payment credit for not paying. [/quote]

Your ignorance of economics is breathtaking.  Musta been a liberal arts major. [/quote]

You do realize that some of the best schools for Economics are Liberal Arts colleges ? Yes ?[/quote]

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