09.06.22 Unprecedented September Clearances / Student Loan Forgiveness

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 6 September 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Retailers have been fighting from behind since March 2020. Suddenly supply chains are moving and stores have goods aplenty. In a time of inflation - we have never seen before deals in many categories this September. Clark calls out the buys for early holiday shopping. Also, Federal student loan forgiveness - what eligible student and parent borrowers need to know about how the program will work - and how the scams play. Christmas in September: Segment 1 Ask Clark: Segment 2 Student Loan Forgiveness: Segment 3 Ask Clark: Segment 4 Mentioned on the show: New Vanguard Account Fees Will Increase Costs for Some of Its Most Loyal Customers Fidelity Investments Review 2022: Pros & Cons Warning: Never Get Roadside Assistance From Your Insurance Provider Password manager LastPass reports breach, says no credentials stolen Explainer: How Biden's student loan forgiveness will impact U.S. consumers Student Loan Forgiveness Plan Won’t Make Inflation Worse—Even If It Adds $400 Billion To Deficit, Goldman Says Did you hear about the student loan announcements? Scammers did, too How To Watch Football Without Cable: Stream NFL and College Football (2022) Term Life vs. Whole Life Insurance: Understanding the Difference EvaluateLifeInsurance.org Term Life vs. Whole Life Insurance: Understanding the Difference What Is an Annuity, and Why Does Clark Think They Stink? Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's my pleasure to welcome you to the Clark Howard Show, where our mission is to serve
0:09.5	you and empower you.
0:11.2	She made better financial decisions in your life.
0:14.2	I hope you had a great, great, labor day weekend.
0:18.4	I was in the Northeast and had a wonderful time, great weather about that.
0:25.7	I want to talk about where it has the labor day sales, which are like by road every year
0:31.0	we have labor day sales.
0:32.6	But there's something very unusual about this September.
0:36.4	I'm going to share with you straight ahead.
0:39.8	And later, I want to talk about something that has been controversial.
0:45.4	It's the federal student loan forgiveness.
0:47.1	I want to tell you how that game is played, what you need to know.
0:53.0	So you are prepared if you are a potentially eligible person, both a student or their
0:59.3	parent.
1:00.9	So I'll fill you in.
1:02.4	So I've been talking for months about the problems retailers have been having because
1:11.9	the way you and I are shopping has gone through a radical transformation.
1:18.0	And if I'm a retailer, I've been fighting from behind since March of 20.
1:24.7	We've had the manufacturing disruptions because of COVID.
1:28.6	We had the shipping disruptions because of COVID.
1:31.6	We had once goods got from overseas to our various ports.
1:35.6	There were backups at the ports.
	...

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