Rob Black’s Winners & Losers: Warren’s plan to wipe out student debt


On today’s edition of Rob Black’s Winners & Losers, financial expert Rob Black talks with KRON4’s James Fletcher about Elizabeth Warren, Lady Gaga, and Samsung’s Galaxy Fold. 

Rob also answers the viewer question, “Should I dip into my 401k to pay off debt?”

Elizabeth Warren wants to wipe out student debt: The Massachusetts senator says the proposal unveiled Monday would eliminate almost all student loan debt for 42 million Americans, canceling $50,000 in debt for each person with household income under $100,000, according to the Associated Press.

Lady Gaga went bankrupt but is now out of the red: Lady Gaga told the Financial Times she went bankrupt after the first extension of her second worldwide concert ‘The Monster Ball,’ which ran from 2009 to 2011. FT reports Gaga was able to get out of the red thanks to ‘sheer quality and popularity’ of her work. 

Samsung’s Galaxy Fold launch delayed: According to The Wall Street Journal, Samsung is delayed the expected rollout of its Galaxy Fold smartphone until at least next month. It was originally scheduled to launch this Friday. 

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