59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds

[ProfessorGAC]

28. I'll Up That To 98%

This poll is evidence. Do they think that the money used to pay the loan installment goes into a big underground vault?
The downside, however, is that this money doesn't directly lead productivity gains, which creating discretionary income would do.
There could be a transitory uptick, but there are hardly any consumer product companies running at 100% of capacity. And upping that output, with no capital required, means more gross profit. The producers will turn up rate nearly instantly.
This is a needless concern, but that's because of what you & i say about the economics acumen of the american public.