According to the Institute of College Access and Success, the average student now graduates with $30,000 in loans. The personal savings rate has been on the decline for the past 30 years, and nearly one-third of Americans will delay retirement savings to help their college-age children. By 2030, many Americans over the age of 65 will have outlived their savings accounts.
Guests:
- Jonathan Pond, Financial Adviser for Public Television and Radio
This show originally aired on October 15, 2015 at 11 a.m.