Assertion: consumer | /r/CapableOf | pay down debt
Facets:
value: over time
type: TEMPORAL
value: during higher-earning periods
type: TEMPORAL
Source sentences:
text: The permanent income hypothesis suggests that consumers take debt to smooth consumption throughout their lives, borrowing to finance expenditures (particularly housing and schooling) earlier in their lives and paying down debt during higher-earning periods.
text: A reasonable interest rate allows consumers to borrow and repay the debt over time.