(Original post by OakBeans)
The dollar is crashing. If there is a 1930's style depression and hyper inflation sets in (20% - 30%) would you demand interest be fixed on your student loan?
Surely if the loan rose to such an amount then it would simply be at a level where it would go unpaid for 25 years and then be written off? The payment terms are fixed at a certain percentage of your pay (and capped once you reach a certain level), so, although the amount could rise to extortionate levels, it wouldn't be the end of the world.
Surely in a time of hyperinflation you'd be better off? I'm fairly sure I remember in history that debtors actually came off better for a depression than those who had saved a lot, since the £4000 (or whatever) they owed stayed the same, but they were being paid ridiculous sums like £10,000 a day, if you get what I mean.