Its just one part of paying for an education. That is our cover story, the cost of college. If you come from any family earning 125,000 or less, the state will provide free tuition. The average cost of tuition at a Public College nationwide is approaching 10,000. At private schools its more than 33,000. But thats only part of the actual costs. Room and board averages more than 10,000 at Public Colleges and even larger expense than tuition. Its fearly 12,000 at private schools. Nearly 20 million americans attend college or university and many are taking on massive amounts of debt. In 1996 the average College Student graduated with nearly 13,000 in loans. For 2016 graduates that number nearly tripled. It should be a wakeup call to this nation to say if you really want to be competitive globally we have to have the best educated work force. So is governo beth akers is a senior fellow at the manhattan institute. And why dont we start with you. You are a graduate of the State University of new york, but you are not a fan of governor cuomos plan for this. Why is this . Thats right. I really just have one big complaint about cuomos proposal and that its very largely aggressive. Free college prosoposals benefi the more well off households. Students are going to go to the federal aid system to get grants from there and thats going to cover a lot of the cost for the lowest income households and this new scholarship will cover the difference. So that gap is going to be biggest for the highest income households. For the people who dont qualify for the Financial Assistance along the way so the bulk of this will be paying for middle and higher income students. College affordability. You found that not just low income students but also middle income students are struggling with tuition and housing and food. Do you think this plan would help . I do think this plan would help and one reason certainly is that the middle class would finally get some Financial Assistance that they so desperately need. But i also think that low income students contrary to what beth is arguing would have the biggest benefits of this plan. And the main reason is that while there is existing Financial Aid available to them, many of them never come to college to receive it in the first place. What a lot of this plan is really about is a strong simple message, that you need to come to college in new york state and we will make it tuition free. I can understand both of your perspectives on this. The idea of trying to make college more affordable, the idea of making everyone understand that they can get to college. A lot of goals. But if we suddenly start putting lots of taxpayer dollars towards education, Higher Education, it al business model, the Higher Education system as it is to continue to not fix itself, to not get disrupted in a way it needs to be. Thats exactly right. So college is very expensive. Thats no question. And more expensive every year. And education is outpacing the inflation rate of the country as a norm. Exactly. So inflation and education exceeds inflation in any other market in the economy including health care but i would argue that taking the bill and sending it to the taxpayers rather than to the individuals who benefit from college themselves is really not the way to address that problem. Sara, what do you think about that . Right now i have to say in the Public Sector costs are not out of control. Whats risen is the price and thats entirely happening because the states are withdrawing their support meaning that theyre putting in less and asking families to pay more. We dont actually need disruption in this sector, frankly. We need actual support. I would disagree with that. Look, you can look at i amount that goes in versus what youre getting back for that, there are things that need to be fixed when it comes to the Higher Education system alone and i say this as somebody who went to a Public College as well. Honestly we havent seen any declines in College Completion rates, even as weve sent more people to college with less preparation than before. But we have seen people coming out with 60,000, 80,000 in debt. We do have a student debt problem but the problem is not 60, 80 or 100,000 worth of loans. The problem is the number of people graduating with debt, usually about 5,000 and no degree meaning that theres no chance of paying it back, and one main reason that that is happening to so many people out there is they cant afford to stay enrolled in college very long. This plan does address that exact issue. Theres a misconception that the people who is have lots of debts are necessarily struggling the most and shes right. That are having the highest rates of default and other measures of Financial Hardship so it could be targeted toward the lowest income individuals rather than broadly delivered through a free college regime. Thank you both for joining us today. Thanks so much. Dow 20,000. Thats what happened this week for the first time ever. But how big a deal is it and should it change what youre doing . Richard bernstein is the ceo of bernstein advisors. Good to see you today. Thanks, becky. If youre saving for retirement and you see this dough 20,000 milestone does it matter . What do you think about it . I dont think the numbers really matters but i guess judging by the question people are starting to wake up that maybe there is a market after seven or eight years. But i think if youre a millennial, 20 something, 30 something, whatever happens to the market the ups and downs are completely meaningless. I mean, think about it. You timeframe. If youre older and youre approaching retirement theres that kind of old rule of thumb. I dont know if it means anything but the rule of thumb is that you take 100 minus your age and thats how much equity you should have in your portfolio. If you do that rule and youre not even close i think you have some thinking to do. Why havent you been there. Why have you been sitting on the sidelines. Lets go over that rule of thumb for people that dont know it very well. If youre 60 years old, say 40 . Thats the percentage of your portfol portfolio that should be in stocks, bonds or other things . Theres no Academic Research that says thats the perfect number but its not a bad rule of thumb and if youre not even close to that number, if youre at like 20 , in your example it should be 40 , you have to wonder why am i not to some kind of normal allocation whether its 40 or 45, whatever. It really doesnt make much difference. But if youre sitting there and youre at 10 or theres something wrong with your allocation. I know it impossible to time the market, but you pointed it out yourself. There are people who are going to realize, wow, the stock market has been a bull run. Its been 7 or 8 years and is it too late when you see 20,000, do you think wow, i just missed the entire run or do you think theres something here that could let this run higher. I dont think its too late. I think were really in to use the baseball analogy, i think were roughly in the 7th Inning Stretch which means there is more to go. And i think the normal signs that would give you a warning that you should start reducing equity allocation, in other words, the probability of a recession increasing, the probability of the fed tightening Monetary Policy too much, the probability that earnings are falling over, despite the normal risks that are always in the equity market, remember theres no free lunch, i dont think the risks are exceptionally high right now so if equities yes, you should probably be in the equity market. Always good to see you. Thank you. Up next, were on the money. Dollars, drugs and decision. The hard choice First Responders have to make when it comes to saving lives and later, is losing weight one of your new years resolutions . Why looking at your dna may unlock the recipe for your perfect diet. Right now though, a look at how the stock market ended the week. The newly advanced gle can see in your blind spot. Onboard cameras and radar detect danger all around you. Driver assist systems pull you back into your lane if drifting. And will even help you brake, if necessary. It makes driving less of a production. Lease the gle350 for 579 a month at mercedesbenz. The best or nothing. Juswho own them,ople every business is different. But every one of those businesses just like the people who own them, every business is different pt but every one of those businesses will need legal help if they age and grow. Whether it be help starting your business, thinner contracts or employment agreements, legal attorneys can help you every step of the way. So you can focus on what you do. Well handle the legal stuff that comes up along t now heres a look at whats making news as we head into a new week on the money. A historic week for the stock market as we mentioned. The dow Jones Crossing and closing above the 20,000 mark for the first the nasdaq also setting records. The market is climbing on hopes of a stronger economy, less regulation and lower taxes. Stocks were mixed on friday. Americas economy grew at an annual rate of 1. 9 in the First Quarter of last year. The gdp came in below what economists expected and down from the previous quarter. Home building and Business Investment were all strong. If youve got an amazon echo for the holidays you werent alone. Amazon sold more than 3 million of the devices which answers to alexe when you speak to it. Now, am sazon doesnt release Sales Numbers but the figure is on surveys. Stark evidence of a growing Opioid Epidemic and there are tools and drugs that can help but as meg tirrell they carry four essential life saving medicines. These are the most important medications and the only medications that we carry here. Medicines that can mean the difference between life and death. And for some, their cost has been a problem. Its up to almost 60 a dose right now. In years past, narcan was 15, 20 a dose. Narcan is used to reverse overdoses from opioids. As seen here in this video it works rapidly. But the rising price comes at the same time as an explosion of opioid overdose in the united states. Opioids kill more than 30,000 people a year in this country. Deaths from heroin have now surpassed those from gun homicides. We deal with overdose issues on a daily basis. There are now multiple on the market. One study found that from 1996 to 2014 it reversed more than 26,000 overdoses in communities. Not including countless more in hospitals. Like san juan regional where emergency physician confronts the issue daily. Its an absolute and vital medicine. Its a vital medication to our ems personnel. Public experts want it in the hands of as many people as possible especially First Responders who use it to save lives but the prices pose a problem. Manufacturers cite increased costs, and market dynamics. For First Responders that often means making hard choices. If our medications cost more thats less money for us to buy upgrade bags for for instance or Different Things that we may choose to or want to. So its a story weve heard again and again. The price of many old medicines rising and in a tough position as they deal with this Opioid Epidemic. Were putting it into r d and theres the market dynamics. Thats basically were charging more because we can. What we see actually are that there are multiple forms of the generic form in the market and when some players raise the price the other players raise the price. So competition instead of bringing costs down looks like its driving costs up. Its not a competition like we see with epipen. Thank you very much. Thank you. Up next, were on the money. A new startup wants to help you get in shape. But how they do it may surprise you. Plan on hosting or going after becoming one of the largest broadband after becoming one of the largest broad band companies in the places we call home. We are century link. We believe in the power of the digital world. The power to connect. And thats what drives us every day. That was really good. Thank you. Century link. Your link to whats next. I enlisted in the army in 2005. I went to iraq three times and afghanistan once. Shes the corporal that ripped our door off. 2,000 pound animal bumping into a steel door creates damage. I used the ax to take pictures of it and usaa is great about working with both active and separated military. Im a usaa call usaa today to talk about your insurance needs. A few years ago neil grimmer started a baby food company. Running the business day in and day out he developed some unhealthy eating habits and started gaining some weight. Neil knew he needed to make a life change and his approach to a new diet caused him to start a new Company Called has been it. Thanks for being here this morning. I love your story because anybody whos tried to take care of kids or work outside the home knows what its like as you focus on other t to slide a little bit on your own health. You took control of this by using science. Dna tests, blood work to try and figure out what your diet should be. So explain how this works. My journey led me to figure out that a lot of the answers to what foods we should eat are actually inside of us. We have a natural intuition of what our bodies need and in modern society where we have too much food, too much drinking, too much caffeine, not enough sleep, exercise, healthy food, sometimes we blunt those intuitions that we have, so habit is really designed to tap into what our body is telling us by using dna, blood work, a test that we do on your metabolism to figure out how you process fats, carbs and proteins. Then we put into a dashboard just for you. We make fresh prepared meals delivered to your door. What did you find out when you did your own dna testing . What did you have to in terms of maybe some of the foods you were eating or werent eating . Yeah, the first thing i found out that i was a middle age guy. That was a shock. But beyond that, you know, i found out that i was caffeine sense tiff which means that the degree cups i was drinking every day were not only keeping me up late at night but were also creating a higher risk for me to have heart issues in the future. I also realized that i was prediabetic, high risk for a heart attack and also lactose intolera intolerant. I crafted a Personalized Nutrition plan with a group of specialists, and after three months i felt better than i had felt in years and after six months i had lost 25 pounds and had more energy than id experienced in a long time. In fact, my 13yearold daughter was like who is this guy . You know, and so it was it was a life transformation for me and one that led me to believe that, you know, this idea and this kind of insight into your own health should not just be availa spend thousands of dollars, do some globe traveling to get it done but it should be available to all americans. It does sound expensive. How much does this cost . Well, again, what we tried to do is take what is out in the world, a very complicated and expensive process and bring it down, make it easy to do and accessible for folks in the country. So the at home test kit where were doing your dna blood work and this metabolic challenge is 299 and that comes with the digital dashboard which is really your Personalized Nutrition plan. Whos your target customer . I know its available in San Francisco right now, but when could i do this on the east coast . Well, were hoping to get it national as soon as possible. But our target customer is really anyone who wants to really take the dot out of eating healthy. You know, anyone who really wants to lose weight in a more Sustainable Way or anyone that really wants to drive the physical or mental perform thank you for joining us today. Thanks for having me. Up next on the money, a look at the news for the week ahead and looking for the perfect snack for the super bowl . Yeah, these are not diets that well be telling you about right now. Some tasty ideas for the big game. With this level of engineering its a performance machine. With this degree of intelligence, its a supercomputer. With this grade of protection, its a forest and with this standard of luxury its an oasis. The 2017 e class. Its everything you need it to be and more. Lease it for 549 a month. Mercedes benz, the best or nothing. I enlusted isted in the army 2005. Shes the culprit that ripped our door 2,000 pound animal bumping into a steel door created quite a bit of damage. I used the ax to take pictures of it right there for usaa and they take care of the rest. Theyre great about working with both active and separated military. Im a usaa member for life. Call today to talk about your insurance needs. Weve done well in life. With help from our advisor, we made it through many market swings. Sure, we could travel, take it easy, but weve never been the type to just sit back. Not when weve got so much more to give. When you have the right financial for more on our show and our guests you can go to our we on twitter. Here are the stories coming up that may impact your money this week. On monday well get pending home sales for december. Then on tuesday, well see how the consumer is doing with the Consumer Confidence index. On wednesday, the Auto Industry will announce how many cars it sold for the month of january and the Federal Reserve is set to make an announcement on interest rates. Will we have a long winter . Well find out on thursday. Thats when Punxsutawney Phil makes his prediction. And on friday the Labor Department will tell us how many jobs were created in the first of the year. Next sunday is the big game. The finale of the big game the super bowl. Joining us right now to give us some outside the box ideas for your Football Party is elana karp. Lets talk about plated. This is a Food Delivery Service you started back in 2012 and this is an industry that is heating up. You hear about we think theres so much opportunity and we really listen to the customer. So we have 11 different recipes every week. You can choose from that. That suits a variety of palates and dietary preferences and we listen to customers in terms of flex ribility and how they wanto interact with us be that on an android app or iphone app or through our website. So you say what you want, it shows up with all the ingredi t ingredien ingr lets talk about these ideas that you have for the toebl. Th super bowl. I heard buffalo chicken pizza and i dont know if thats for me but thats what this is and that looks good. So we took the idea of buffalo wings which is classic football food and we lightened it up on a pizza. So you have the chicken with buffalo sauce, a greek yogurt ranch and a thin rolled out pizza dough. Thought or am i tricking myself . Somewhere in between. This is super easy to transport. You keep the pieces separate and put them together at the party that youre going to. Thats really good. What are these . These are saucy meet ball sliders. There isry cot th ricotta insidt ball and the sauce is a meat sauce. We used some of the meat from the meat balls to make the sauce and you can make it a day ahead. Meat balls often taste better the next day. That is great. Im making a huge mess, but that is great. Okay. So you have your buffalo chicken pizza, your meat ball sliders. What do you do for dessert . This is a skill let cookie and this is just a really fun way to have dessert. You cant forget the ice cream. All right. Ice cream and homemade cookie. Wait a second. This is the real deal. Yeah. Youre not eating any of this. I tasted it all beforehand to make sure ft it wit was good fo. This is easy to transport and great for a group. Youll be watching the super bowl taking some of this stuff with you . For sure. Thank you very much for joining us. Thank you so much for having me. That is the show today. Thank you all for joining us here today. Next week we have more food. The produce of the future thats grown inside of trailers with no dirt, no sunlight. Its a miracle. Keep it right here. Were on the money good morning, america. Breaking overnight, immigration order protests. The angry demonstrations starting at jfk airport. Now spreading across the country. Protesters pepper sprayed in seattle as outrage grows over president trumps executive order. A federal judge intervening. Overnight. What it means as the president insists everything is going smoothly. Were totally prepared and its working out very nicely. You see it at the airports and all over. Its working out very nicely. Hundreds of travelers impacted. Dozens detained at a number of airports. Families separated for hours