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Student Loan Assistance

MoneyWise

Christian talk radio with Rob West

September 13, 2018

Studies show that 70% of college studentsare paying off student loans. The average amount of student debt is $37,000. Now the good news is, some of those folks are getting help from an unexpected source. Today, Rob West and Steve Moore discuss how many employers are now offering student loan assistance to their workers. Next, they answer your questions at (800) 525-7000 and [email protected] about the following: - I contribute to my 401(k) at work, but I hear everyone talking about investing elsewhere. Should I branch out my investing or just concentrate on my 401(k)? -I have a variable rate mortgage. I have 15 years left on it. Ive noticed that the rate is creeping up. Should I refinance? -I work with a financial manager who is pushing me to roll $100,000 out of my 401(k) into an annuity. Is that a wise decision? -I just graduated from college. My parents are suggesting that I purchase a condo. I dont have a 20% down payment yet. Is it worth buying the condo now? Or should I wait until I have the down payment? Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

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