Brad Powers on Health Care Reform and Fynanz
There has been recent concern that the student loan Bill which was passed with the health care reform Bill recently will not have any impact on private student loan providers, such as Fynanz, on which Brad Powers sits on the board. This statement was actually made by Chirag Chaman, who is the current COO of Fynanz. According to Chaman, if anything, this Bill will actually be beneficial to the students, which is one of Fynanz’s main goals. As well, if the students benefit then the credit union will also benefit which ultimately will help everyone involved.
Brad Powers and Fynanz
Fynanz is a superb program for students who feel a lot of pressure when it comes to financing. Anyone who is involved in this program can take pride in what it provides for students. Brad Powers is definitely one who enjoys this organization, and thus uses his time to support it. Ultimately what this is going to mean is that private banks will no longer be taking fees. It will cut out this middle man as it were and there will be an expansion of the direct lending program from the government. As well, this will save taxpayers $61 billion in the next decade and will use this to increase Pell grants for students.
Tags: Brad Powers, Fynanz