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Comment by legitster

Inflation is already debt forgiveness.

Since my subsidized loans had interest well below inflation, I decided to pay the absolute minimum possible payment on them for last 9 years. In that time, they have lost 37% of their real value just through inflation alone.

I always felt bad for my friends who insisted on paying off their loans as soon as possible. And now, mine are about to disappear completely for free!

parent legitster 4 years ago

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