Uncle Sam's tax on student loans and debt burden
Scott Burns critiques how federal taxes apply to education financing. He argues after tax income and loan repayment create a large premium, estimating a near 50 percent overall cost on education and calling for education to be treated as a depreciable investment to ease student debt.
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Wall Street ends on up note after Nasdaq hits new high
U.S. stocks rose on Tuesday lifting the Nasdaq to a record close. Investors day saw the S&P financial index slip 0.2 percent while utilities rose 1.1 percent on bets the Fed may pause rate hikes.
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