Business Rundown: Kevin O'Leary On The Cost of Financial Illiteracy

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 25 July 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Many Americans are clueless when it comes to money because the basics of financial literacy—such as balancing a budget or understanding the pitfalls of credit card use—are rarely taught during childhood. This becomes a significant problem when young people enter the real world and sign up for student loans without realizing these debts could follow them for the rest of their lives, hindering their ability to buy a home or start a business. Kevin O’Leary, the chairman of O’Leary Ventures and the star of Shark Tank, joins FOX Business’s Gerri Willis to discuss America’s student debt crisis, the Trump administration forcing student loan borrowers to begin paying up again, and the economic impact of financial illiteracy. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:23.9	Adobe Express, the quick and easy create anything app.
0:29.7	We've grown up surrounded by beauty ideals that promised confidence but often delivered shame.
0:35.6	In a special episode of a millennial mind,
0:37.9	I sat down with Nicola Adams to explore how appearance-based compliments and body talk
0:43.0	shape our self-worth without us realising it.
0:45.9	In partnership with the Dove Self-Esteen project,
0:48.4	we unpack the tools to change the conversation for ourselves and for future generations.
0:53.5	Listen now and download the free
0:55.3	body confidence journal at Dove.com forward slash Y2K. I'm Jerry Willis and this is the Fox Business
1:03.1	Rundown. Friday, July 25th, 2025.
1:11.6	With President Biden's pandemic-era student loan relief over and the Trump administration saying it's time to pay up, many Americans are about to learn a hard lesson in economics.
1:23.6	You take on a responsibility and you have to pay it back.
1:26.6	That is how our system works.
1:29.3	And the covenants are embedded in the paperwork you sign. They always have been, they always will be.
1:34.3	Many Americans are clueless when it comes to money because the basics of financial literacy, such as balancing a budget,
	...

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