Money Matters – college debt

Money Matters – college debt

September 21, 2019 0 By Stanley Isaacs


>>It is 35 minutes after>>It is 35 minutes after
7 o’clock checking on money>>It is 35 minutes after
7 o’clock checking on money
matters now this morning 7 o’clock checking on money
matters now this morning
Southwest is selling a lunch matters now this morning
Southwest is selling a lunch
box full of something you Southwest is selling a lunch
box full of something you
normally get box full of something you
normally get
for free. normally get
for free.
>>And college debt has hit a for free.
>>And college debt has hit a
record high Jane King joins us>>And college debt has hit a
record high Jane King joins us
live from the Nasdaq with record high Jane King joins us
live from the Nasdaq with
those stories and more on this live from the Nasdaq with
those stories and more on this
morning’s of money matters those stories and more on this
morning’s of money matters
before a good morning, Jane. morning’s of money matters
before a good morning, Jane.
>>Good morning fog back to 2 before a good morning, Jane.
>>Good morning fog back to 2
out of 3 graduates from the>>Good morning fog back to 2
out of 3 graduates from the
class of 2018 graduated out of 3 graduates from the
class of 2018 graduated
a little deeper in debt than class of 2018 graduated
a little deeper in debt than
the classes before them now the a little deeper in debt than
the classes before them now the
average bachelor’s degree the classes before them now the
average bachelor’s degree
holder. Some 29,200 in student average bachelor’s degree
holder. Some 29,200 in student
loan debt that’s a record high. holder. Some 29,200 in student
loan debt that’s a record high.
That’s according to the loan debt that’s a record high.
That’s according to the
Institute for college access That’s according to the
Institute for college access
and success, there is some good Institute for college access
and success, there is some good
news the growth of student loan and success, there is some good
news the growth of student loan
debt has slowed. news the growth of student loan
debt has slowed.
But the institute which debt has slowed.
But the institute which
monitors debts and college But the institute which
monitors debts and college
affordability is an urgent monitors debts and college
affordability is an urgent
concern. Well the Federal affordability is an urgent
concern. Well the Federal
Reserve did cut interest rates concern. Well the Federal
Reserve did cut interest rates
so something’s got cheaper Reserve did cut interest rates
so something’s got cheaper
borrowers Macy interest rate so something’s got cheaper
borrowers Macy interest rate
decreases on credit cards borrowers Macy interest rate
decreases on credit cards
variable rate student loans, decreases on credit cards
variable rate student loans,
auto loans, small business variable rate student loans,
auto loans, small business
loans and home equity lines of auto loans, small business
loans and home equity lines of
credit so that will make all loans and home equity lines of
credit so that will make all
those products cheaper in the credit so that will make all
those products cheaper in the
long term interest rates on those products cheaper in the
long term interest rates on
credit cards are closely tied long term interest rates on
credit cards are closely tied
to the prime credit cards are closely tied
to the prime
rate so you’ll likely see to the prime
rate so you’ll likely see
decreases of a quarter percent rate so you’ll likely see
decreases of a quarter percent
on interest rates if you don’t decreases of a quarter percent
on interest rates if you don’t
call your card company and ask on interest rates if you don’t
call your card company and ask
for it. call your card company and ask
for it.
Well about half of us workers for it.
Well about half of us workers
will start looking for a new Well about half of us workers
will start looking for a new
job for the next year Robert will start looking for a new
job for the next year Robert
Hass is 81% of employers are job for the next year Robert
Hass is 81% of employers are
concerned about holding on to Hass is 81% of employers are
concerned about holding on to
top talent. And the workers who concerned about holding on to
top talent. And the workers who
said they intend to leave their top talent. And the workers who
said they intend to leave their
jobs are asked what would said they intend to leave their
jobs are asked what would
entice them to stay jobs are asked what would
entice them to stay
more money topped the list and entice them to stay
more money topped the list and
Southwest Airlines stop handing more money topped the list and
Southwest Airlines stop handing
out peanuts on flights last Southwest Airlines stop handing
out peanuts on flights last
year citing allergy concerns. out peanuts on flights last
year citing allergy concerns.
But people miss the knots so year citing allergy concerns.
But people miss the knots so
the airline is releasing a line But people miss the knots so
the airline is releasing a line
of peanuts related the airline is releasing a line
of peanuts related
products, the Southwest or of peanuts related
products, the Southwest or
sling a peanut shape. Hello products, the Southwest or
sling a peanut shape. Hello
peanut Burke clause for babies sling a peanut shape. Hello
peanut Burke clause for babies
up in a phone charger and the peanut Burke clause for babies
up in a phone charger and the
main event is lunch box that up in a phone charger and the
main event is lunch box that
has to 12 a 10 ounce bags of