Inflation Hedge or Not, Bitcoin's True Value Is Separation of Money and State

"For the first week in a while, the non-crypto world was louder than the crypto world. Everyone is talking about: How U.S. President Biden is paying off everyone’s student loans (through the Public Service Loan Forgiveness program)," CoinDesk reports

... "First off, the U.S. government isn’t paying off everyone's student loans. What the Biden administration announced was that people who both hold federal government student loans and earn less than $125,000 a year will have either $10,000 or $20,000 of their student loan balance forgiven. There are nitty-gritty details (which you can get by listening to this NASFAA podcast), but the main question we want to answer is if this is inflationary or not."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 8/28/2022

View Desktop Version