Student debt relief is coming, but college is still expensive
Aug 25, 2022

Student debt relief is coming, but college is still expensive

The Biden administration has officially rolled out a plan to cancel some student debt for certain individual borrowers. But that doesn't change the fact that the cost of college tuition is running at record-high levels. We look at why higher education is so expensive. Plus, get your Federal Reserve "bingo cards" ready for the Jackson Hole Economic Symposium, which kicks off today. If you want to know what to watch for in Fed Chair Jerome Powell's speech planned for tomorrow, we have you covered. And, welcome news for consumers: A handful of retailers have recently announced they'll be marking down products to try to get them out the door and clear excess inventory they've accumulated during the pandemic.

Segments From this episode

Play Fed bingo during the Jackson Hole Economic Symposium

Aug 25, 2022
There are some key words to watch for in Fed Chair Jerome Powell’s speech: "data," "inflation" and "unemployment" are among them.
Listen to Fed Chair Jerome Powell's speech at Jackson Hole on Friday and play along with our bingo board to see which key phrases he mentions.
Samuel Corum/Getty Images

With more products on sale, consumers are ready to buy

Aug 25, 2022
Retailers are trying to get rid of excess inventory by marking down certain products. That's likely to lure shoppers.
Joe Raedle/Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer