401(k) Fridays Podcast

Student Loan Debt: The Next Economic Crisis or Something Else?

Informações:

Synopsis

Student loans have gotten a lot of attention recently.  Whether it is due to the sheer number of loans and size of the outstanding debt, or due to the competition for talent, employers are weighing whether they should offer new benefit to help those who have them.  Today, we take a little different view on student loan debt and delve into the impact they might have on the economy and unpack a few popular narratives in the marketplace.  To provide the intellectual muscle to the conversation I was glad to have Scott Kimball, a portfolio manager for BMO Global Asset Management join me today.  Scott does a great job helping explain the impact of student loan debt on the economy and creates the case for why employers should consider their impact on the employees, even if you don’t have a lot of millennials.  Also, don’t miss his take on whether Student Loans are the next sub prime mortgages and stick around for Scott's thoughts on some other things he is concerned about that could pose a threat to the economy.   B