Subject
Frozen repayment thresholds > the total amount repaid
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Because of inflation, people's earnings tend to naturally rise over time. So the effect of that is to drag more people into repaying more of their loan than they would have done otherwise.

Frozen repayment thresholdsincreasethe total amount repaid
“Because of inflation, people's earnings tend to naturally rise over time. So the effect of that is to drag more people into repaying more of their loan than they would have done otherwise.”
2m14s• 22K views • 3 days ago
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