why would cancelling student loans make inflation worse

Question

I genuinely don’t get it. My brain says if people don’t have this looming debt they have to pay into, they’ll have more money to feed into the economy via goods and services.

ETA: I only have this question because of what Biden is saying. I have a gut feeling it’s misdirection to avoid cancelling student loans, but figured I check.

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Answer 1

>they’ll have more money to feed into the economy via goods and services.

You answered your own question, if more people have more money to spend then there is less pressure on prices to stay affordable