zuzu99
2023-03-07

$SoFi Technologies Inc.(SOFI)$ I sincerely think that resuming student loan payments is the cure for inflation. If you want to be social about it, people overpaying and holding consumption up on grounds they are not paying their debt is hurting everyone. Everyone (even those of us with no student loans because we paid them off) pays more for everything on account of consumers being more liquid than they should be. So I recommend saving the tears shed for those "vulnerable" student loan "victims" and shedding some for those who have never even had the means or opportunity to get a student loan and a college degree but have seen their cost of living explode due to inflation. Inflation which is being held above where it should be by money that people owe but don't pay. Those prices are going to be coming down, whether for discretionary or essential items, if extra money stops going to "experiences" or "improving one's standard of living" and starts going towards paying their debt, we'll have a more responsible society, better quality adults and a better quality of life for EVERYONE. The people burdened by student debt are not the most vulnerable but their increased purchasing power is hurting those who are.

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