college debt

Student Loan Forgiveness

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.

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.

Jill on Money Radio Show: We've Saved and Saved, Now What?

With a ton of money in savings, there’s no doubt you can retire, yet that doesn’t mean there’s not a bunch of moving parts that need to be addressed.

Wrapped around the call we also do a handful of emails.

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 Educationshows 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 me here.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Should We Sell a Rental to Pay Off Debt?

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.

Making College Pay Part Two

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 Educationshows 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.

Making College Pay Part One

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 Educationshows 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.

We're 31 and 36 and Need a Retirement Checkup

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.

Jill on Money Radio Show: Am I Okay in Early Retirement?

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

No guest this week, just a bunch of emails and a couple callers.

Before the month is out, we’ll be joined again by Brent Weiss from Facet Wealth as we talk some FinLit, an always appropriate topic, but even more so in April as it’s National Financial Literacy Month.

For our first call, there’s nothing like planning for retirement as a young couple with half a million dollars in outstanding student loan debt. You know what's even crazier? I'm kind of okay with it!

For our second call in hour two, we hear why the magic of compound interest is a beautiful thing to watch. Start early, stay consistent, and voila, you end up with a boatload of money come retirement.

Have a money question? Email me here.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Planning for Retirement With 500k in Student Loans

Nothing like planning for retirement as a young couple with half a million dollars in outstanding student loan debt. You know what's even crazier? I'm kind of okay with it!

Have a money question? Email me here.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.