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Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Released Wednesday, 27th March 2024
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Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Wednesday, 27th March 2024
Good episode? Give it some love!
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Neera Tanden, domestic policy advisor to President Biden, discusses the fight against junk fees impacting college students.

What hidden “junk fees” are college students facing? How is the Biden Administration addressing fees to make higher education more affordable? Hosts Sean Pyles and Anna Helhoski discuss the Biden Administration's recent efforts to combat junk fees in colleges, from financial products marketed to students like credit cards and bank accounts to textbook costs and unused meal plan dollars. They speak with Neera Tanden, domestic policy advisor to President Biden, about the more than $1 billion annual impact of these fees and the bipartisan support she expects for some of these policies.

Then, in this week's Money News roundup, Sean and Anna discuss issues with the new FAFSA, the Federal Reserve's latest stance on interest rates, and continuing surge of home sales. Get a comprehensive overview of the latest developments affecting your finances and gain valuable insights to stay ahead in an ever-changing economic environment, whether you're a student navigating the labyrinth of college fees or a homeowner keeping tabs on market trends.

In their conversation, the Nerds discuss: hidden fees, FAFSA troubles, Federal Reserve, interest rates, housing market, college fees, student finances, financial aid, junk fees, textbook costs, student loans, college expenses, student banking, origination fees, meal plans, tuition bills, open-source textbooks, college affordability, financial literacy, student debt, financial aid applications, existing homes, home prices, National Association of Realtors, mortgage rates, economic indicators, market trends, financial decisions, and personal finance.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected].

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NerdWallet's Smart Money Podcast

NerdWallet’s objective finance journalists answer real-world questions empowering you to make smarter decisions with your money and help your finances thrive.The Nerds are your resource to make the most of your personal finances, while cutting through the clutter and misinformation of today’s economic news and advice. You’ll get clarity on strategies to help you build your wealth, invest wisely, shop for financial products, and plan for major life events.By the end of each episode, you’ll feel smarter and more informed to make the most of your finances. Future You will thank you.Join hosts Sean Pyles, Sara Rathner, and other expert Nerds as they discuss everything personal finance, including:- Credit cards: credit card rewards, different types of credit cards, credit card annual fees- Investing and retirement: investment strategies, retirement planning, financial independence, investing in the stock market, money market accounts, financial strategies, mutual funds, short-term bonds, exchange-traded funds (ETFs), Roth IRA investing, robo-advisors, retirement savings- Personal finance: budgeting methods, emergency funds, paying off debt, frugal living, money management tips, wealth accumulation, money habits, cultivating a money growth mindset, debt-free living, financial resources, budgeting apps and browser extensions, avoiding scams, tax bills, financial success and financial stability- Banking: high-yield saving accounts, online banking, credit unions- Loans: student loans, home equity loans, HELOC, student loan forgiveness- Home: mortgage interest rates, homebuying, home improvement projects, homeowners insurance- Insurance: travel insurance, pet insurance, auto insurance, home insuranceYou’ll love NerdWallet’s Smart Money Podcast if you like podcasts like Planet Money, The Personal Finance Podcast, DIY Money, Afford Anything, How to Money, The Ramsey Show, Money Rehab with Nicole Lapin, NPR’s Life Kit: Money, Popcorn Finance, Money Girl, Everyone’s Talkin’ Money, So Money with Farnoosh Tarabi, The Money with Katie Show, All the Hacks with Chris Hutchins, The Stacking Benjamins Show, MoneyWatch with Jill Schlesinger, or Your Money, Your Wealth.NerdWallet Compare, Inc. NMLS ID# 1617539 NMLS Consumer Access: http://www.nmlsconsumeraccess.org/

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