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Transcripts For FBC MONEY With Melissa Francis 20130801

Melissa our top story tonight, shocking stats on the life savings and enormous impact of education on those savings. A new study shows that over the Student Loans results in a loss of 4 times the amount that you borrowed. So a household with average amount of student debt, about 50 grand, ends up losing 200,000 over all. Of course those who borrow more are just losing that much more. I thought one of the reasons we all went to college was to have a richer life in the long run . We have tamara from demos which did the study. Mary catherine ham from hotair. Com. She is also a fox news contributor. Tamara, i will start with you because you guys did this study. How did you do it . Were you surprised by the findings . The way we did it, we basically compared two house hold similar in all ways one important way. One had student loan death from going to college and one didnt have debt from going to college. We look what we know about youn ....

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