Eye On Money: How to Approach Student Loan Debt
Only on the "CBS This Morning" podcast, CBS News business analyst Jill Schlesinger joins CBS News' Anne Marie Green to answer questions about student loans, including whether a college degree is worth putting yourself in debt. Schlesinger says a college education will lead to more money over a lifetime, but it's important to not dig too large of a financial hole in the process. She shares advice on how to determine the maximum amount of money you should borrow. Plus, she explains why it's important to discuss loan debt with any serious long-term romantic partner and warns parents and grandparents against co-signing any loans that could put their own financial futures at risk.
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