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A comment on Federal Reserve raises rates by 0.75%. Parent comment

Re:Federal Reserve raises rates by 0.75% by ren_engineer on Wednesday June 15, 2022 @04:17PM (#31758873)
>Oil hasn't gotten more expensive to produce

a huge chunk of oil has been taken off the global market and refining capacity can't be increased instantly

>After going into massive debt for college

college used to possible to be paid for with a part time job before the government started handing out loans which jacked up prices

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Re:Federal Reserve raises rates by 0.75% by maxerickson on Wednesday June 15, 2022 @04:30PM (#31759050)
The number of people attending college massively increased and government funding stayed about the same or declined.

Easy to get loans certainly have an impact on prices, but non tuition spending has declined on a per student basis.

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