Carl Rist is behind a local effort called 1:1 Fund. It combines social networking and crowd funding techniques to help low-income students save for college. The 1:1 fund is a project of the Corporation for Enterprise Development, or CFED, and Rist is executive director of the project. He spoke with KALW’s Holly Kernan.
On today’s Your Call, we’ll have a conversation with Louis Hyman, author of Borrow: The American Way of Debt, and Gary Rivlin, author of Broke, USA. Last year, Americans were $2 trillion in debt. The average American owes more than $15,000 in credit card debt alone. How did we get here? Join us at 10 or email firstname.lastname@example.org. When did this crisis begin? And how can we get out of it? How much debt do you carry? It’s Your Call, with Rose Aguilar and you.