Chris Farrell answers more of your burning money questions. This week, he gives advice on setting financial priorities, offering money for grades, and buying term insurance.

Last year the federal government handed out over $39 billion in student loans. All that cash helps millions of students get a degree, buy at some point they have to pay it back. If you're Sound Money's Rico Gagliano, that can be quite a challenge. In the third installment of our monthly series "Educating Rico," our hero attempts to tackle his educational debt - and winds up getting schooled.

It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the "Straight Story." Ethical investing is the "right" way to make money. But Chris has his own views of right versus wrong.

Life is hard enough without having to decipher everything. Each week, Sound Money will bring you a word or a phrase that has bubbled to the top of the news - for instance, durable Goods. You hear it, you see it, but do you really know it?