New Financial Rules for College Graduates


What should new college grads do - pay off student loan debts or invest? Is there a way to build wealth if you're drowning in student debt? Isn't all debt debt - or is there a difference between student loan debt and credit card debt? What role do ethics play when figuring out how to plan your life once burdened with debt? What's the one behavioral change that could help a young person build wealth? Jordan Goodman, America's Money Answers Man, talks with Michael C Taylor about student loan debt, college graduates, and building a life that enables the creation of wealth. Taylor is the author of 'The Financial Rules for New College Graduates: Invest Before Paying Off Debt and Other Rules Your Professors Didn't Teach You.'

Bio: Michael Taylor writes about finance for the San Antonio Express News and the Houston Chronicle. He is the author of ‘The Financial Rules for New College Graduates. Taylor graduated magna cum laude from Harvard in 1995. He was a Fulbright Scholar in Mexico in 1996, and worked as a fixed income consultant from 1996 to 1997. He sold bonds for Goldman Sachs in the Emerging Markets and Mortgage Departments from 1997 to 2004. In 2004, Taylor founded Cedarcrest Capital LLC, a purchaser of distressed fixed income assets. He served as Finance Chair and Investment Chair for the Board of Trustees of the Armand Hammer United World College of the American West from 2003 until 2016, after graduating from there in 1991.

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