After an initial flurry of #buying when the #stockmarket opened, the #goldilocks #employmentreport isn’t doing much for #stocks. At #noon the #nasdaq and #s&p500 are down a bit and the #DJIA is barely green. The #USeconomy is clearly slowing, but pockets of #inflation remain. #wti is at $85, #brent at $88. Plus, #studentloanrepayment begins next month and impact of #fed #interestrate hikes are still funneling through the #economy. Stay tuned…lots of moving parts. #wallstreet
#buying #stockmarket #goldilocks #employmentreport #stocks #noon #nasdaq #s #djia #useconomy #inflation #wti #brent #studentloanrepayment #fed #interestrate #economy #wallstreet
(22 Aug) - Biden pushes new income-driven repayment plan as student loan bills loom for tens of millions https://www.politico.com/news/2023/08/22/biden-new-student-loan-repayment-plan-00112195 #StudentLoanRepayment #IncomeDrivenPlan #BidenProposals #TensOfMillions #StudentLoanBills #HigherEducation #Politics #News https://mastodon.sdf.org/@uspolitics/110935302746290755
#news #politics #highereducation #studentloanbills #tensofmillions #bidenproposals #incomedrivenplan #studentloanrepayment
Biden pushes new income-driven repayment plan as student loan bills loom for tens of millions
https://www.politico.com/news/2023/08/22/biden-new-student-loan-repayment-plan-00112195
#StudentLoanRepayment #IncomeDrivenPlan #BidenProposals #TensOfMillions #StudentLoanBills #HigherEducation #Politics #News
#studentloanrepayment #incomedrivenplan #bidenproposals #tensofmillions #studentloanbills #highereducation #politics #news
One family member went from $175/month, to $49 a month, and they only have to make 4 more payments total because of Biden’s changes to the number of months the loan must be paid prior to being wiped out completely.
This is saving this person thousands of dollars and years of payments.
3/end
#studentloanforgiveness #studentloanrepayment