ROI Financial Newsletter - September 2019Submitted by ROI Financial Advisors, LLC on September 5th, 2019
September Newsletter discusses By the numbers The Price of college. With classes now underway at most universities, students are starting to dig into their semesters full of credits. They are also digging into their wallets, as a report from the Federal Reserve Bank of New York showed that student loan debt is currently the largest chunk of non-housing debt in the U.S., beating out both auto loan debt and credit card debt. Here is a look at the numbers that showcase the current state of college prices in the United States. In the Market at a Glance we look back at key events in August which may drive the market for the coming months. The raise of peer-to-peer payments: Ask nearly any of today's college students how they split the bill for dinner, pay their roommates for cable, or even pay their rent and you will likely hear one common answer: Venmo. Peer-to-peer (P2P) payment services. How did this booming industry get started and who are the current big players?