Student loan debt

[Zoe]

2025 Student Loan Debt Statistics: Average Student Loan Debt

The cost of college has steadily increased over the last 30 years. In that timeframe, tuition costs at public four-year colleges grew from $4,160 to $10,740 and from $19,360 to $38,070 at private nonprofit institutions (adjusted for inflation). As costs have risen, so has the need for student loans

www.forbes.com

They estimate as many as 4-5 million are serious delinquent on student loans. Looks like the screw is tightening. Look for shrink in money supply.

 

[Charles West]

I don't know why the money supply would be affected but what a great way to start life with a big *** lien on your credit rating.

 

[Zoe]

I don't know why the money supply would be affected but what a great way to start life with a big *** lien on your credit rating.

Because if you look at 4 to 5 million people that are going to be in trouble if they don't start paying, it will shrink the money supply. You know that. That money will be going towards a debt instead of somewhere else.

Or you could take bankruptcy like your man.

 

[Charles West]

Because if you look at 4 to 5 million people that are going to be in trouble if they don't start paying, it will shrink the money supply. You know that. That money will be going towards a debt instead of somewhere else.

Or you could take bankruptcy like your man.

Default ratios or the magnitude of the debt have nothing to do with M2, and it's anybody's guess where you got that idea.

 

[Charles West]

Because if you look at 4 to 5 million people that are going to be in trouble if they don't start paying, it will shrink the money supply. You know that. That money will be going towards a debt instead of somewhere else.

Or you could take bankruptcy like your man.

Default ratios or the magnitude of the debt have nothing to do with M2, and it's anybody's guess where you got that idea.

 

[Zoe]

I am not sure what you mean by M2.

 

[Zoe]

If you take bankruptcy, it can clear much debt as in someone you know:

https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/

 

[Charles West]

I am not sure what you mean by M2.

M2 is one of the designations for the money supply.

 

[Zoe]

Makes no difference, if 4-5 million don't take bankruptcy and start paying their student loans, it will shrink the money supply on where else they can spend that money unless they take bankruptcy.

Hence it shrinks the money supply or M2 as you phrase it.

 

[Zoe]

M2 is one of the designations for the money supply.

I have heard many, many are over 90 days past due on student loan payments. Credit card debt is reaching that same threshold in some ways. We either have to pay it or take bankruptcy like your mentor.

It still shrinks money supply from a national standpoint.