will student debt be reduce though inflation?

Tips and Deals Forums Debt Management will student debt be reduce though inflation?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 4 months ago.

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    Anonymous

    if I have a fixed student loan debt of (random number) $1000 and inflation is at 3% annually does that mean in 1 year the value of the actual debt will drop $30

    and if so would it be a good idea to get a large student loan now while the dollar has more purchasing power? I feel inflation will rise soon (I believe in Austrian Economics).

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