With College Funding coming in at # 2, just behind retirement planning, as the most important Financial Planning topic … we watch the various statistics, public commentary and rules for trends, advanced planning techniques and rule changes that may be positive or negative in the coming years.
The History of Student Loans
The Federal Government began guaranteeing student loans in 1965. Here is our best found article on the complete history.
As a hot topic for any presidential administration, various laws have been passed since 1965, in most cases enhancing the ability for students/parents to obtain loans. Unfortunately, tuition costs have risen at a dramatic rate as well … a possible topic for another time.
Total Student Loan Statistics
The following chart from our friends at the St Louis Fed (FRED) shows the much spoken about total bulging student debt … often times called a crisis… yes, it is a large number and growing, but before you take a stance, we have more for you…
In our minds, student debt is one of the most acceptable debts from a Financial Planning perspective … yes we would prefer NOT to have any, and planning in advance helps this fact, but there are always situations where it is just not possible. Loans for higher education gives many the best opportunity for longevity of happiness in a career they may not otherwise had access…
Parents we would argue not sacrifice retirement for college funding, but we know there are many strong feelings on this topic…
Total Student Debt

Total Burden Per Person By State
This chart from our friends at HowMuch.com started the wheels turning for this article…. and is a per person debt load in each of the 50 states.

An Interesting and Important Statistical Chart
Student Debt is large, and clearly growing, however, much to our surprise, the growth rate of student debt has slowed dramatically in recent years….

This chart is the percentage change year over year in student loans, note the super high mid teens growth during the great recession … not a surprise given the lack of job opportunities at the time.
Happily the growth rate has steadily declined post great recession.
Have a Great “Student Debt Update” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
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Q3 2022 J.K. Financial, Inc. Newsletter … Positives Graphic Theme … Video Audio Podcast Review ! By John Kvale CFA, CFP …
Welcome to our Video and Audio Podcast Review of our Q3 2022 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.
BREAK IN – Our new format of greater articles continues as we received many positive comments last quarter…. this quarter we run with it again, but we do have a constant theme…. Positives!
Click the Download button below, for a direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page
Let’s get going! We hope you enjoy!
Q 3 2022 Newsletter
(YouTube)
With just shy of 10 charts, we plucked out our favorite three and Review them here in great detail:
In the video, we go into great detail and each one and we hope you enjoy!
TSA throughput is back to almost 2019 levels without the road warrior business traveler!
Being social folks, after a large spike in eating at home (red line), the continued progression and overtake of eating out has occurred!
Lot’s of ways to look at this, but in our positive eyes, more inventory means better options, especially for new home owners!
We hope you enjoy our over the top Positives … talk to you in the fall!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
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Posted in Economy, General Financial Planning, Interest Rates, Investing/Financial Planning, Market Comments, Newsletters, Podcast, Video
Tagged FOMC, FRED, Housing Inventory, Interest Rates, JOLTS, Newsletter, positives, St Louis Fed, TSA, TSA Throughput, Unemployment Rate