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A Rough September, Progress in Congress, and a Deep Dive on Student Loans with The Debt Trap Author, Josh Mitchell

A Rough September, Progress in Congress, and a Deep Dive on Student Loans with The Debt Trap Author, Josh Mitchell

FromFinance Explained by Family Finance Mom


A Rough September, Progress in Congress, and a Deep Dive on Student Loans with The Debt Trap Author, Josh Mitchell

FromFinance Explained by Family Finance Mom

ratings:
Length:
59 minutes
Released:
Oct 20, 2021
Format:
Podcast episode

Description

This week, I’ve got 3 major financial headlines for you…

Last week, the stock market ended the month of September with the worst monthly performance since March 2020. Will it recover in October?
Next, Personal Income and Expenditure data for August was released - what does it tell us about the strength of the US consumer and inflation?
Third, the biggest overhang on the market last week - the debt ceiling - is still unresolved, but Congress did make some progress. Find out on what...

… after that, we will take a deep dive into a topic that impacts just about everyone I know - student loans. Join me for a conversation with Josh Mitchell, award-winning WSJ higher education reporter, and author of The Debt Trap, this quarter’s FFM Book Club pick. We will talk about the history of student loans, how we got here, his recommendations for how to fix it, and what he thinks about the possibility of student loan forgiveness.
For more on this week's headlines: https://familyfinancemom.com/monday-market-update/
For more on student loans: https://familyfinancemom.com/american-student-loans/
For more about The Debt Trap, Josh's writing for The Wall Street Journal, and his background, visit joshmitchellwrites.com.
Follow Josh Mitchell on Twitter
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Released:
Oct 20, 2021
Format:
Podcast episode

Titles in the series (76)

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU! Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances. Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.