7.9 C
New York
Thursday, April 18, 2024
HomeNews
News

Comment by stjeanluc

By Single Comment
0
30
psw-placeholder
psw-placeholder

View Single Comment

  1. stjeanluc
    December 13th, 2017 at 5:11 pm

    And back in the People's House, continuing their war on the middle class:

    http://talkingpointsmemo.com/news/house-committee-passes-gop-bill-cutting-student-loan-subsidies

    But committee chairwoman Virginia Foxx, a North Carolina Republican, said the legislation “delivers the serious reforms needed to empower students and families to achieve an essential part of the American dream: earning a high-quality education, finding a good-paying job, and living a successful life.”

    Did she means the banker's families?

    The bill would eliminate the interest subsidy on loans for students while they are in college. The American Council of Education estimates the change would affect 6 million students and that would have the effect of increasing students’ interest payments by 45 percent for a four-year degree and 87 percent for a four-year degree followed by a master’s program.



Stay Connected

157,357FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024