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How Inflation Impacts Student Loan Borrowers

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Manage episode 308332163 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Inflation is the hot topic of the day. Is it here to stay? And does inflation mean income-driven repayment programs are a bad idea? Listen in as I unpack the inflation conundrum as well as the latest news around the PSLF waiver along with updated guidance from the Department of Education.

In today’s episode, you'll find out:

  • How inflation impacts student loan borrowers
  • The gold standard, inflation, and deflation, and what it means
  • A brief history of inflation and how we got to where we are today
  • The role farmers played in inflation over time
  • What’s going on with consumer’s balance sheets amid inflation
  • What to expect with IBR when inflation happens
  • Why borrowers who refinance like inflation
  • What you sacrifice in the long-term by aggressively paying off your debt in the short-term
  • Who benefits from inflation

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

  continue reading

294 episodes

Artwork
iconShare
 
Manage episode 308332163 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Inflation is the hot topic of the day. Is it here to stay? And does inflation mean income-driven repayment programs are a bad idea? Listen in as I unpack the inflation conundrum as well as the latest news around the PSLF waiver along with updated guidance from the Department of Education.

In today’s episode, you'll find out:

  • How inflation impacts student loan borrowers
  • The gold standard, inflation, and deflation, and what it means
  • A brief history of inflation and how we got to where we are today
  • The role farmers played in inflation over time
  • What’s going on with consumer’s balance sheets amid inflation
  • What to expect with IBR when inflation happens
  • Why borrowers who refinance like inflation
  • What you sacrifice in the long-term by aggressively paying off your debt in the short-term
  • Who benefits from inflation

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

  continue reading

294 episodes

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