SoFi Blog

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October Democratic Debate Recap

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws, and more.
Please note: SoFi does not endorse, or take official positions on any candidates, political happenings or otherwise. Our reporting is for informational purposes only, and shouldn’t be construed as an endorsement.

Tuesday night, 12 democratic hopefuls took the debate stage in Ohio. The number of participants was record-breaking, but it did not keep the candidates from making sure their positions on major financial issues were heard loud and clear.

Here’s a quick rundown of the major financial topics discussed during the debate and how the proposed plans may affect your wallet in the future.

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Where the 2020 Presidential Candidates Actually Stand on Student Debt

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws, and more.

Please note: SoFi does not endorse, or take official positions on any candidates, political happenings or otherwise. Our reporting is for informational purposes only, and shouldn’t be construed as an endorsement.

Editor’s note: This post was updated October 2019 to reflect current candidates.

You’d probably be hard-pressed to find a high-profile politician, these days, who’d disagree that a student debt crisis exists in the United States—or that the problem is still growing.

Some 43 million borrowers owe more than $1.5 trillion in federal government loans, according to numbers from the U.S. Department of Education’s office of Federal Student Aid. That’s more than $33,000 per borrower on average.

And in the first quarter of 2019, the Federal Reserve Bank of New York reports 10.9% of aggregate student debt was 90-plus days delinquent or in default.

Finding solutions? That’s where the debate comes in.

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Your September Monthly Market Commentary

The kids are back in school, football is on the tube, and many of us are scratching our heads as to how it’s already the last quarter of 2019. Even in the face of all the background noise of trade wars, political arguments, and interest rate cuts, the market ended the month higher.

Contrary to experts predicting the impending crash, the longest expansion in United States history kept chugging forward. As you get ready for your favorite TV shows to return from break, sit back and catch up on some highlights from September.

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Halloween Costumes on a Budget

Halloween is a sneakily expensive holiday. Because it doesn’t involve gifts, many of us may not remember to budget for it, but the fact of the matter is that between candy, costumes, and parties, establishing a Halloween budget is never a bad idea.

If you’re staring down October 31 with dread, wondering how you’re going to cover costs with what’s left in your bank account at the end of the month, there is hope. Halloween doesn’t have to break the bank, especially when it comes to costumes—frequently one of the most expensive parts of celebrating.

Instead of heading out to your local party store to drop a ton of cash on a costume that will just end up in the trash, you could get in touch with your inner DIY-er and plan out a costume you can make by reusing things you already own or picking up a few things from a dollar store.

These cheap costume ideas will ensure you’re the best dressed and the most financially savvy.

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Average Cost of Wedding Flowers

Weddings are a rite of passage, but as any future bride and groom know, paying for them is a major headache. From the venue to the dress, wedding costs can be exorbitant, especially for couples dealing with other financial priorities.

Wedding flowers can be a pricey part of the big day, making up about 10% of a typical wedding budget . But what’s a wedding without a bouquet to toss?

Fortunately, there are ways to save on your wedding flowers without giving up your dream. Learn how you can find wedding flowers that fit both your budget and your vision board.

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