The University of Michigan and the University of Wisconsin have proposed plans to drastically reduce tuition for incoming students. Michigan proposes a deferred, interest-free payment plan, where students start paying back after they graduate and at Madison, two professors propose just straight up dropping tuition for the first two years through reinvestment of financial aid from private to public universities.
The AMphosts Brian Babylonand Molly Adamsdiscussed what this can do for incoming students, what this means for the future of higher education and whether or not this breakthrough will ripple onto other college campuses.
Listener Vince from the South Side of Chicago took advantage of the Morning AMp’s miscellaneous format and called hosts Molly Adams and Brian Babylon about the recent Citizens United reform bill in Springfield. Vince discussed the joint-resolution between the Illinois Senate and citizens to limit campaign donations to $100 per entry and why he believes this movement is important.
Sex offenders have to register at a single office in Chicago once a year, or more if they move or change jobs. But the office can’t handle the volume of registrants and people can be left literally in the cold, in violation of the law. WBEZ reporter Rob Wildeboer joined the Morning AMp hosts Brian Babylon andMolly Adams as he explained how the gap is costing money and time.
Check out our new Vocalo beer opener from #Inventables CEO Zach Kaplan! He’s with us now to talk about their new 3D printers, new software names #Easel, and more! #teamvocalo #cash #money #tuesday #money #potd #swag
The newly appointed head of Illinois’s Department of Children and Family Services, Arthur Bishop, pleaded guilty to a misdemeanor charge for embezzling money from clients in the 90s. Bishop claims he pleaded to end the stress on his family. Tony Arnold of WBEZ joined the AMp’s Molly Adams and guest co-host, Mixtape host Luis Perez this morning as he shared some of Bishop’s other eyebrow raising decisions.
A Chicago-based tea company, Tiesta Tea, is all loose leaf. Creative Director Bobby Moynihan joined the AMp’s Molly Adams and guest co-host Luis Perez this morning to talk about the growing competition in the tea market and how they import their wares. Bobby also talked about how he went from an Art major in college to an entreprenuer and how the city of Prague inspired him and his group of college mates to create a full blown tea company.
It’s Cash Money Tuesday on the AMp and we started off the day asking, what do tuition increases cover at universities? There has been speculation that with universities have been cutting down on professors but increasing in administrative support. When host Brian Babylon started college, there was one main building that every one attended to for all of their needs. By the time co-host Molly Adams started college in 2004, there different buildings for different departments with an entire wing for administrators. Has college turned into a business or a network center? Where does the real value of education come from? Brian and Molly discussed with the help of a couple of Vocalo listeners that called in.
On January 1st of this year, Colorado became the first state to start selling Marijuana for recreational uses and Washing just voted to legalize recreational marijuana as well. So far, 37 shops have opened across the state of Colorado and there have been reports stating that there were lines that were as long as 5 hours long causing a shortage in the supply, and spiking the prices to nearly $480 an ounce compared to medical marijuana’s $25 for an eighth of an ounce. So how do the economics behind recreational marijuana work? AMp host Molly Adams and guest co-host Ricardo Gamboa discussed the cash money Tuesday perspective behind Colorado’s newest market.
Personal finance columnist for Red Eye, Megan Crepeau, called in and joined the AMp’s Molly Adams and guest Co-Host Ernest Wilkinsthis morning as she dished on her latest thoughts about money and YOU. One point that was discussed was how family and friends that constantly give you advice on how you should finance your money may be well intended. And we also may need a little push of motivation when it comes to saving and organizing our money, but the results could backfire, and cause the advised to actually be more careless about their money in spite them. So how can you save money without being obsessed with it and how can you stay confident through poor financial decisions?
Vocalo Listener Lorrell has been thinking about what it means to be a "good ally:" how do you become part of the struggle, part of the fight, instead of just a sympathetic bystander? This morning she joined the AMp’s Molly Adams and guest co-host Luis Perez by phone as she helped answer those questions and more. One of the many important points that were made in the conversation were whether or not music artists Lady Gaga or Mackelmore, are true allies considering that they make a ton of money off of being a public voice for the gay rights movement. Profitting off of becoming a public ally for a movement certainly does raise questions on the genuinity of the advocacy and campaigning, and is not as effective of a tool as it may seem.
When it comes to living in the red, people can be either be in over their heads or completely debt adverse without a credit card to their name. Wealth strategist Tom Anderson’s new book The Value of Debt tries to find the balance between the two, enacting corporate strategies for personal finance. Tom joined the AMp hosts Brian Babylon and Molly Adams by phone this morning as he discussed the book and beyond.
A proposed expressway, the Illiana, would link Chicago’s far southern suburbs to southern Lake County, Indiana with an alternative east-west route for traffic. Supporters say the project would generate thousands of jobs for decades to come, but critics question just how far the $1 billion price tag would ripple. WBEZ reporter Michael Puente joined the AMp hosts Brian Babylon and Molly Adams this morning by phone as he dished on the details of his most recent report on the proposed project.
WBEZ Bureau Check In: This week we check in with Northwest Indiana Bureau Reporter Mike Puente. He talks about the runway extension of Gary/Chicago International Airport set to open later this year and other plans for the complex.
Handling New Income: Graduation season is upon us and with…