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

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.