Market Talk – April 1, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 6.92 points or 0.02% to 35,624.48 • Shanghai increased 12.69 points or 0.38% to 3,348.44 [...]
Trump Tackles Student Loans
Trump has proposed capping student debt at 12.5% of their income and a debt forgiveness at 15 years. Yes this will cost something, but it is the only way to unwind the unfair practices of the Clintons, who made student loans non-dischargable in bankruptcy. But then the shifty bankers had often parents cosign the student loans so in effect they became collateralized and non-dischargable.
Trump’s plan is a major step in solving this problem. But to bring down the cost of education we must eliminate the free money and make schools competitive for the first time.
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