The student loan - debt forgiveness problem | Mike Smela with Michael Angelo Caruso

Michael Angelo Caruso
Michael Angelo Caruso
152 بار بازدید - 3 ماه پیش - Before you can solve a
Before you can solve a problem, you need to understand it. This video is about solving the student loan and debt forgiveness problem. Finance expert, Mike Smela, is interviewed by Michael Angelo Caruso on the "Talk To Me" podcast.

[Note: This video does not offer financial advise. Check with your CPA before investing or borrowing money.]

Talking points and time stamps:

  1:30  Why student loan debt forgiveness is only a stop-gap solution
  2:30  How Mike learned finance and how the banks work
  6:00  What happens when student debt gets cancelled
10:00  Where loans come from (Federal Reserve)
14:30  Bad debt comes from bad loans
16:30  How banks make money
18:00  One of these Mikes had a student loan--here's what happened
21:00  The history of debt in America
23:00  What does it mean to have a Central Bank?
25:15  Why is college so expensive?
27:00  How can students pay for college without entering the student loan trap?
30:00  Potential solutions

[Note: This video does not offer financial advise. Check with your CPA before investing or borrowing money.]

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3 ماه پیش در تاریخ 1403/02/30 منتشر شده است.
152 بـار بازدید شده
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