Trump Tackles Student Loans

trump-1

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.

Latest Posts

Market Talk – April 25, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 831.60 points or -2.16% to 37,628.48 Shanghai increased 8.08 points or 0.27% to 3,052.90 Hang [...]
Read more

US GDP & Recession into 2028

QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a serious recession with [...]
Read more

See You Next Month?

See you in precisely one month at the London Economic Confidence Model Seminar! Can’t attend in person? Keep reading to learn about our virtual ticket option. Prepare to embark on [...]
Read more