Inflation is good for students with loans.

Name: Inflation is good for students with loans.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

Inflation reduces the value of money over time, but the amount of the loan remains the same. This means that borrowers pay back their loans with money that is worth less than when they borrowed it, effectively reducing the real cost of the loan. This can be beneficial for students with loans as they end up paying back less in real terms.

Inflation Is Good for Students with Loans