Most Agree: Bailout Of Student Loan Deadbeats To Boost Inflation
View Source | August 23, 2022 7:18 am
- A majority of Americans think inflation will rise if President Joe Biden goes through with a potential plan to forgive $10,000 in student debt per borrower, according to a new poll.
- The CNBC/Momentive survey found that 59% of those surveyed said they are concerned forgiving the debt will make inflation worse.
- Inflation hit the highest level in decades for several consecutive months in the last year before its growth leveled off, at least temporarily, in July.
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