Marketplace Money for Friday, July 5, 2013
Jul 5, 2013

Marketplace Money for Friday, July 5, 2013

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Guess what just went up this week? Yes, the temperature -- but also the interest rate on new federal student loans. That's affecting students, young and old. We talk with one woman whose wages were garnished because she defaulted on her student loans and speak with a couple of young adults worried about how they'll ever dig their way out of student debt. More seniors are also facing the challenge of college debt. We have the story of one 65 year old who is paying off his own loans and his kids'. Plus, did you know there are legitimate ways to get rid of your student debt without paying? Learn all about loan forgiveness. Also, what to do now that bond prices have fallen and how prepaid debit cards are causing problems for millions of wage workers. Finally, are yard sales or online auctions the best way to get rid of household clutter?

Segments From this episode

Yard sale or online auction: The best way to get cash for clutter

Jul 5, 2013
Summer is the perfect time to get rid of your unwanted items, but is it more lucrative to sell stuff online or at a traditional a yard sale?

Dealing with a large amount of student debt

Jul 5, 2013
Two young adults share their stories of how student loan debt has impacted their lives since graduating from college.

Worried by bond market fluctuations? Here's what to do

Jul 5, 2013
Older Americans, whose retirement portfolios include a lot of bonds, might be concerned about fluctuations in the bond market right now. We've got some advice on what to do.

'The government garnished my wages' -- Defaulting on college debt

Jul 5, 2013
Ignoring your problems rarely ever makes them go away. Anna learned that the hard way when the government started garnishing her wages after she defaulted on her student loan payments. But, she says, she's thankful it happened.

Student debt: The burden on seniors

Jul 5, 2013
Most people think of student debt impacting folks in their 20s or 30s. But it's affecting older Americans as well.

Payroll debit cards: Know your rights

Jul 5, 2013
In a new digital era, payroll debit cards are becoming increasingly popular. But be sure you are aware of the fees associated with them.

How to get rid of your student loans without paying

Jul 5, 2013
Loan forgiveness and discharge programs may help ease -- or even erase -- your student loan burden.

Guess what just went up this week? Yes, the temperature — but also the interest rate on new federal student loans. That’s affecting students, young and old. We talk with one woman whose wages were garnished because she defaulted on her student loans and speak with a couple of young adults worried about how they’ll ever dig their way out of student debt. More seniors are also facing the challenge of college debt. We have the story of one 65 year old who is paying off his own loans and his kids’. Plus, did you know there are legitimate ways to get rid of your student debt without paying? Learn all about loan forgiveness. Also, what to do now that bond prices have fallen and how prepaid debit cards are causing problems for millions of wage workers. Finally, are yard sales or online auctions the best way to get rid of household clutter?