Marketplace Money for Friday, May 11, 2012
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Two billion dollars. That's how much money JPMorgan Chase says it lost in just the last few weeks, because of risky stock market trades. Maybe that's why so many Americans have stopped investing. We'll ask what the finance industry is doing to stop that behavior. College graduates are drowning in debt. And if you've had experience with the system we use to pay for higher ed, you know why. Arguments for and against financial aid and whether you have the right to go to college. Plus we'll visit the local ballfield and a New York ballet studio and ask parents how much they're spending to keep their kids on the field and en pointe.
Posted In: children, Sports, spending
Tess talks to author Mark Hyman about the arms race to give our kids an advantage on the playing field.
Posted In: Personal Finance, listener mail, peter morici, paddy hirsch, david lazarus, student loans, credit scores, Credit Cards, marriage
Our weekly dive into the mail bag, and L.A. Times personal finance columnist David Lazarus helps a caller with a question about record-keeping.