9/29/23: I joined CBS Mornings to talk about what borrowers need to know before federal student loan repayments start back up in October.
8/25/22: My student loan is a private loan, and with interest rates on the rise, I'm wondering if I should just go ahead and pay if off or keep making the monthly payments?
6/23/22: I joined CBS Mornings to share financial advice for recent college graduates, including how to manage student loan debt, starting a retirement fund and what parents who want to help should be mindful of.
6/16/22: The biggest interest rate hike since 1994, plus, with some student loan debt still in the picture, what's the best way to utilize $160,000 in cash we're currently sitting on?
4/21/22: What's the right balance when factoring in both retirement savings and trying to pay off student loan debt?
4/7/22: On May 1, the pause on federal student loan payments is set to expire. I joined CBS Mornings to discuss the likelihood that it will get extended again and what borrowers need to do to prepare. We also share some advice for families looking into financial aid.
1/27/22: Should I roll the dice and wait for my student loans to be wiped off the books, or just pay off the debt in one fell swoop and start investing my money?
The Department of Education announced an overhaul on a student loan forgiveness program, which could help over half a million borrowers erase their debt. I joined CBS Mornings to explain who will benefit from the changes.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
How to you get a boat load of extra cash flow? You pay off $600,000 in student loans, that's how! Boom! That's what our latest caller did, $600k in student loans. Incredible.
Have a money question? Email us, ask jill [at] jill on money dot com.
With 90k in student loan debt, does it make sense to sell a rental property and wipe the slate clean?
Have a money question? Email us, ask jill [at] jill on money dot com.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
The cost of college makes for frightening headlines. The outstanding balance of student loans is more than $1.5 trillion nationally, while tuition continues to rise. And on the heels of a pandemic that nearly dismantled the traditional college experience, we have to wonder: Is college really worth it?
To help answer that question, we're joined this weekend by economist Beth Akers, whose recent book, Making College Pay: An Economist Explains How to Make a Smart Bet on Higher Education, shows how to improve your odds by making smart choices about where to enroll, what to study, and how to pay for it
It’s true that college is expensive, but once we see higher education for what it is, an investment in future opportunities, job security, and earnings, a different picture emerges: The average college graduate earns an additional million dollars over their career (compared to those who stopped their education after high school), and on average, two- and four-year schools deliver a 15 percent return on investment, double that of the stock market.
Yet these outcomes are not guaranteed. Rather, they hinge upon where and how you opt to invest your tuition dollars.
Simply put, the real problem with college isn’t the cost, it’s the risk that your investment might not pay off.
Have a money question? Email us, ask jill [at] jill on money dot com.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
The cost of college makes for frightening headlines. The outstanding balance of student loans is more than $1.5 trillion nationally, while tuition continues to rise. And on the heels of a pandemic that nearly dismantled the traditional college experience, we have to wonder: Is college really worth it?
To help answer that question, we're joined this weekend by economist Beth Akers, whose recent book, Making College Pay: An Economist Explains How to Make a Smart Bet on Higher Education, shows how to improve your odds by making smart choices about where to enroll, what to study, and how to pay for it
It’s true that college is expensive, but once we see higher education for what it is, an investment in future opportunities, job security, and earnings, a different picture emerges: The average college graduate earns an additional million dollars over their career (compared to those who stopped their education after high school), and on average, two- and four-year schools deliver a 15 percent return on investment, double that of the stock market.
Yet these outcomes are not guaranteed. Rather, they hinge upon where and how you opt to invest your tuition dollars.
Simply put, the real problem with college isn’t the cost, it’s the risk that your investment might not pay off.
Have a money question? Email us, ask jill [at] jill on money dot com.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Saving for retirement is a lot like an annual checkup with your doctor, in that it's something you want to do once a year, and you certainly don't want to wait until it's too late.
Have a money question? Email us, ask jill [at] jill on money dot com.
With grad school on the horizon, now comes the decision about how to pay for it. Should you dip into your savings? Take out a loan? Or is there another option?
Have a money question? Email us, ask jill [at] jill on money dot com.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.