Replying to Avatar Nice and Kind Vic

Today I learned that it's relatively common for someone to go their entire working life and never pay off their student loans

- 3.5 million Americans aged 60 and above still have student loan debt.

- Collectively owing over 125 billion, that's nearly $36000 on average.

- In the past 20 years, the number of 60+ year olds with student loan debt has gone up 6x

All things considered, because of information arbitrage and the fiat relationship with Bitcoin, I would no longer advise anyone to pay off student loans early, or mortgages.

https://www.axios.com/2024/03/20/student-loans-relief-congress-debt-social-security

Avatar
₿logging₿itcoin 1y ago

I've reached the same conclusion even though it goes against my intuition.

Reply to this note

Please Login to reply.

Discussion

No replies yet.