Here's something worth paying attention to if you're tracking macro trends: student loan repayments are pegged to inflation with an extra 3% on top—RPI plus 3%, to be precise. Sounds reasonable in theory, right? But throw in the inflation spike we've seen recently, and suddenly borrowers find themselves drowning. The debt load keeps expanding faster than most graduates expected. When inflation runs hot, those who locked in education debt face a brutal squeeze. It's the kind of systemic pressure that ripples through consumer spending, savings behavior, and broader economic health. Understanding these debt dynamics matters if you're thinking about long-term asset allocation or how macro conditions might shift markets.