> It helps people who are in debt Does it really though? It definitely helps peo... | Hacker News

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		donmcronald on May 28, 2021 \| parent \| context \| favorite \| on: Booking.com gives €28m in bonuses to three top exe... > 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 on May 28, 2021 [–]

Federal student loans have a fixed interest rate. Assuming inflation makes its way to wages, that makes the education an appreciating asset.

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