Whether it’s happiness, anger or indifference, the student debt forgiveness program has been met with a vast range of emotions. But it has also created concern that these changes may produce a moral hazard when it comes to student loans in the future. In this episode of Buckingham Weekly Perspectives, Managing Director of Investment Strategy Kevin Grogan explains this phenomenon, explores the possibility of an additional forgiveness plan in the future and shares his thoughts on investing funds into a 529 college plan verses taking out student loans.
Want a deeper dive into the student debt forgiveness program? Check out Chief Planning Officer Jeffrey Levine’s recent Buckingham Weekly Perspectives video.
Kevin Grogan, CFA, CFP®
Kevin Grogan is Chief Investment Officer for Buckingham Wealth Partners, which is comprised of Buckingham Strategic Wealth and Buckingham Strategic Partners. And while it sounds like his job is all about the numbers, what he likes most about his role is the opportunity for him to collaborate every day with advisors, clients and prospects, helping others better understand the complicated concepts that will have a tangible effect on their financial lives. He is a member of the firm’s Investment Policy Committee and helps lead the firm’s investment strategy, portfolio management and fixed income teams.
