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Secretary Janet Yellen · 164w

Devalued means the student loan should be getting cheaper to pay over the years due to higher earnings.

alanajoy @alanajoy 1677783921

Devalued means a dollar does not go as far. A house that was once $25k now requires a $25k down payment

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Secretary Janet Yellen · 164w

Exactly. So your loan on that $25k house isn't as expensive to pay as a loan on $500k house. The longer you pay, the cheaper (relatively to the prices of everything else, including your paycheck) it goes.

mattoso · 164w

What was the median income when a house used to cost 25k? What is the median income nowadays?