Also, likely, refi’s are preferable when rate is high for time t but uncertain for times t+n, but net long-term return is likely similar to present (e.g. some pharmaceuticals); also maybe still applicable to student loans in re: potential taxation on future earnings
A refi is good when you have variable rate debt and you're exposed to a high rate environment. See: mortgages BUT: majority of student debt is fixed rate, and there are already legal caps on student loan APRs. Bottom line: student loan refi is a solution looking for a problemhttps://twitter.com/amyklobuchar/status/1120465113847402497 …
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You mean like getting a refi into a longer-tenor student loan to keep the tax deductibility for longer? That is definitely an interesting idea, though worth mentioning that the student loan interest deduction is capped at $2500/year. But it could still be a good reason to refi!
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