tv The Willis Report FOX Business March 7, 2015 5:00am-6:01am EST
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e is pretty good and every year we live longer. that is ever show. see you next week for a new episode in the new time slot fridays on fox business. she will report it for you. david: "the willis report" is next. >> hello everybody i'm gerri willis, this is "the willis report," the show where consumers are our business signs the labor market is improving. unemployment rate falls to 5.5%. new post recession low. >> report does exceed expectations. shows the economy added nearly 300,000 jobs last month. economists say americans pay is growing too slowly. gerri: what is happening to millions of americans looking for good-paying jobs? consumers ripped off. people having refunds stolen and turbotax is accused of making it easy for criminals to do it. we'll investigate. new report says apple pay is making credit card fraud a breeze. >> data stolen from the recent hack that retailers including home depot and target is being
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used fraudulently in apple's mobile payment service. gerri: many neighborhoods across the country, it is unwritten law of winter. >> that unwritten law says if you take the time to clear out a parking space, especially one in front of your home, you should own that parking space. gerri: it is new war over parking spots. all that and more coming up on "the willis report," where consumers are our business. gerri: apple pay is getting bitten by low-tech fraudsters. according to "the wall street journal" criminals are using old school tactics to get around that cutting-edge technology. so is your mobile wallet safe? here with her exclusive story, "wall street journal" reporter robin seidel. great to have you here. >> thanks. gerri: what is this low-tech method these bad guys are using? >> basically there are a lost stolen credit cards out there. we know that from home depot. we know that from target. so these guys who get credit
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card information that has been stolen, they're loading that stolen information into apple pay, getting authorized and starting to make purchases. gerri: victims here really are the banks probably? >> victims are the people's whose credit cards were stolen and may wind up seeing fraudulent purchases and not even know their information was stolen. gerri: this is months and months ago now. how long are you on the hook if you have a card stolen and hacked? >> you're not on the hook. if you didn't authorize a purchase you didn't pay for it. it is a pain in the neck. we don't know where the information has gone. gerri: obviously we don't know. we're trying to find out how it will work. apple pay is new app to use on apple iphone to pay for things in the store where merchants agreed to use technology. but my question to you is, who is the weak link here? who is allowing bad guys to get into the system? >> there is no evidence there is any fault with the apple pay mobile payments platform itself. the problem is when you load card data, your card into the
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phone, you have to be verified by your bank and bank has been letting some of these stolen information go through. gerri: why? >> because they were very eager to get on the apple pay system. it is cool, it is new, it is hip and there are hundreds of banks. they may have pulled the trigger a little too soon. gerri: everyone wants to be part of the party. i want you to hear the apple statement "the willis report." apple pay they say is not been breached. it was signed to protect user's information. unfortunately you may be breached. what are the folks buying? >> it is no the technically a breach. if you are a if you're a person who is loading your own card information into apple pay, you are perfectly fine. it is guys who are bad to start with. what they're start with going to apple stores, ironically buying apple's high ticket either screams why isn't apple holding banks accountable if this is weak link? banks are too happy to get into
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this. they're not doing enough verification. why doesn't apple say, come on, you're making system untrustworthy. >> i'm sure they are. apple can not be happy about this. because the name is apple pay. gerri: well-put. >> they can not be very happy what is going on. gerri: here is the power. i was shocked at numbers in your story. 16 million consumers have spent $3.5 billion last year. this thing is on fire. no wonder these banks want in on this expectations is, are that some $118 billion will be spent on apple pay by 2018. this is astonishing. is this fastest take up of technology you've ever seen? >> emthink it will be. millions of people signed up. it is not so clear. we're not getting real good transaction numbers. i talked to an executive at a credit union, said a lot of our customers members signed up for it but they're not actually really using it. people think in coming years, increasing i young people will want to pay with their phone.
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not with a plastic card. gerri: what is your advice? maybe they know they had credit card stolen at target or home depot. what would you do? >> if you have been your data has been involved in one of these breacheses, you did not receive a new card you can always ask for a new card. most important thing keep track of your statements. look through them. make sure what you're being charged for is something you bought. gerri: i wouldn't wait for monthly statement, i would go on every day see what is going on. >> you should. that is only way you have some peace of mind. apple pay itself is if you have a valid card it is fine to use. gerri: okay. one more question. apple the company coming out with their new iwatch, their apple watch on monday. this is really bad timing for this company, right? >> yeah. they just can't be really happy with this. especially since they don't think it is their fault. they're also really trying to minimize it and telling people that the apple pay system is secure but you know, their name is on the product. gerri: yeah it is fascinating.
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robin, great story. thanks for bringing it to us. >> thanks. gerri: appreciate it. we want to know what you think. here is our question tonight. will you buy an apple watch? log on to gerriwillis.com and vote. i will show results at end of tonight's show. criminals are all over the place right? they're wreaking havoc with your tax return. fraudsters are using turbotax to steal tax refunds. who is to blame? according to the "washington post," two former employees are laying blame on owner intuit for not doing more to stop questionable returns. we have the author of the book, how to win your tax audit. dan, welcome back to the show. good to see you. go right to the question. should turbotax do more to make sure that returns they're filtering through to the irs are sound? >> well certainly gerri. everybody has got to do as much as they can to try to keep identity thieves out of your private information. but the fact of the matter is,
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you know whose fault is it? what is going on here? you got to understand, and i know you do, but your viewers have got to understand, gerri there are billions and billions of pieces of data flying around. and the reason for that is because the internal revenue service requires it. irs, will be more than 2.1 billion information returns forms, 1099 and w2 filed with the irs just this year alone, just this year alone. and this is a tremendous amount of information that is flying around. go ahead. gerri: i have to interrupt you here for a second because we have breaking news. just crossing on the wires on this very story. intuit, the maker of turbotax says they are confirming that the government is requesting information about this very story we're talking about, about these fraudulent tax returns. congress, is looking into this. the ftc, the federal trade commission and department of justice investigating intuits turbotax what is going on with these filings, people having refunds
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stolen. now i was asking is turbotax doing enough. clearly that is what the government's interested in. we have two insiders, two whistle-blowers reporting to the government saying they didn't take some basic steps we thought were necessary to protect people. do you agree? do you think that's possibility? i know you don't work for intuit but do you think that could be a possibility? >> look it, anything's possible you know that anything is possible. i don't work for intuit. i don't know people who are the whistle-blowers inside of intuit. i don't have any idea what they're doing. what i do know what the irs is doing and what the irs is doing requiring more and more and more information from more sources on an ongoing basis. you've got that kind of information flying around, it is going to be stolen. and i make the point gerri this can not be stopped. that doesn't mean institute shouldn't be doing everything they can possibly do to minimize this. gerri: right. >> but the fact of the matter,
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gerri it can not be stopped. the reason the irs requires so much information from so many people on an ongoing basis. gerri: let's look at some numbers here. i think it is great to put that in context. turbotax, is massive. they have 29 million customers. last year that is how many people filed their taxes using turbotax. i have to tell you these people are fanatical about the software. they love it. they use it every year. they rely on it every little twist or turn that is different they know about it. here is what we're finding out. that the number, the proportion of people who are suspicious customers, rising dramatically according to "the washington post." 900,000 suspicious tax returns in 2010. by 2012 it is up to 2.5 million. why would there be such a hike in that? >> well i think there's hike, gerri, somebody has found a way to hack into turbotax'smg
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. >> internal revenue service restructuring reform act of 1998 mandated electronic filing. congress put onus on irs to create this system. that is what we're dealing with. gerri: is that solution that could actually work? let's face it. if we have to have, actually human beings going through every filing in this country we'll never get our refund, right? i mean, how many man-hours would that take? >> well it would take quite a few man-hours. there is no question about it. now what you're speaking to is the impracticality of the system we have now. >> i agree. >> we have to start addressing what we'll do about a tax system
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that makes sense in the world we live in. gerri: too complicated by half i will agree with you. >> too complicated by much more than half. gerri: this is turbotax's response to going on. allegations from former employees are without merit filled with inaccuracies and rely on complete misunderstanding of intuit's business. talk about shooting that down. they say it is just not true. what is your response? >> my response is that intuit, has no interest whatsoever. they have nothing to gain by creating a system that allows bogus customers to tap into the accounts of legitimate customers and steal their refunds. how could that possibly help institute? i have to believe gerri, this company is doing everything they possibly can to protect data of their customers. gerri: yet, when asked directly as they were by "the washington post" reporter whether they feel responsibility to make sure that all of the
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returns that are being filed are accurate or actually from the people they say they are they said that is not our job. >> well look it -- gerri: that is exactly what they said, dan. >> no, you're right, gerri but the fact of the matter, it is ir's responsibility to audit tax returns, not turbotax. turbotax or intuit's responsibility is to make sure their system is secure as it can possibly be to prevent outsiders from hacking into the accounts of legitimate customers. but once a return is filed gerri, it is out of intuit's hand. now it is in a function of the irs. it is responsibility of the irs to do that. now here's the other thing going on gerri. gerri: all right. >> let me make this point now. we've got a tax system that was changed more than 4600 times. gerri: you don't have to argue i completely -- taxes are too complicated. you know you make it is an interesting point. maybe we could avoid this fraud all together if there was a flat tax, a one-page tax form
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that everybody used. if it was super simple would we have these issues? >> no question about a flat tax would help but wouldn't solve the problem because you still have to file a tax return, right? the problem is hacking into the system and falsifying the tax returns. what would solve the problem, gerri, is a eliminating income tax and internal revenue service going to national retail sales tax that would fix the problem. gerri: good luck my friend. you have a long way to go to get there. dan, thank you. >> no question. thanks for having me. >> dan, thank you. before i leave this i just want to mention in case you're tuning in intuit, the owner of turbotax, confirming just moments ago that the government is asking for them for information on this very story. what they knew about the returns, that were from fraudsters. congress look at this. the federal trade commission looking at this. the department of justice. this is turning into a very big story. still a lot more to come this hour, including a legal debate who has the right to a public parking spot.
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unemployment rate falls to 5.5%. that is new post recession low. does that mean people looking for good-paying jobs can find one? a look at today's report what it means for you. let us know what you think. tweet me @gerriwillisfbn send us an email through our website gerriwillis.com. we'll be right back. you can't predict the market. but at t. rowe price we've helped guide our clients through good times and bad. our experienced investment professionals are one reason over 85% of our
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legalzoom. legal help is here. gerri: economy added 295,000 jobs in february. the unemployment rate hit its lowest level in seven years. 5.5%. but a closer look at today's jobs report shows that the economy isn't as strong as the administration would like you to believe. with more on this, diana furthgot-roth, former chief economist for the labor department. welcome back to the show. these numbers super interesting. i know administration is jumping up and down about this. look i talk to people all the time. i don't see the enthusiasm among people out there looking for work. as i do when i listen to what the white house is saying.
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why the disconnect? >> it is because one reason the unemployment rate is so low because a lot of people have dropped out of the labor force. the last time the unemployment rate was at 5.5% that was around may, 2008. the labor force participation rate was a couple of percentage points higher. and, if we had the same labor force participation rate now, there would be another eight million people in the workforce. gerri: eight million? >> yes. about another 7.7 million people employed. so that is why people don't feel so comfortable. gerri: that's a great explanation. so the world is changed. fewer people are even looking for work. >> exactly. >> and the labor market is totally different. the other thing that is different and i think significant are wages. we saw bump up here about three cents an hour, 2% increase year-over-year. i think number is 24.78 an hour. but is this enough? >> well it's, what's important
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isn't so much the wage but upward mobility. can you get from low-paying job to higher paying job. okay you will not stay at that job forever. even you, gerri, you will move to higher paying job. the problem, job openings, there are not so many job openings, or so many opportunity to move. that is another reason people don't feel so confident. they can't see the path ahead to the next job. gerri: i think wage growth is an issue in this economy. the fact that people feel like. david: increases i'm getting are so small, i'm not keeping up with inflation. isn't that an issue? >> it is somewhat of an issue but right now inflation is actually negative. the producer price index, cpi, is down a 10th of a percent over the past year. people are really uncomfortable not because of wage increases in their job but they find it harder to move to another job. we're having problems with job mobility and upward mobility.
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that needs to be fixed. gerri: you can not find next job that will pay you more. you're stuck. >> stuck and didn't go anywhere. >> exactly. government is doing so much to stop people from working. president obama might be celebrating today if he would only approve keystone xl pipeline, if he wouldn't be so adamant about raising minimum wage, several things he is doing. gerri: topics for another day. i want to stick with what we're looking at here today. what was so confounding to me, great news for the jobs market presumably at superficial level. stocks sell off. the dow plunges. what are traders thinking here? >> they're thinking that now the fed has to raise interest rates because chairman yellen has been saying, for months and months, labor market is not tight enough. but now we can just eunemployment rate is 5.5%. these people who are sitting out on the sidelines, they're not going to be coming in. in fact the labor force arms rate fell again.is of a percentage point today.
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.1 of a percentage point. what does that mean. people moves out of other assets. stock market false when there is good news. >> jack lew telling congress today we'll hit debt limit next week. i'm sorry march 16th. how weird is this. we'll hit the debt limit. the president talks about raising taxes by administrative fiat and tax collections my friend all-time high. we have more taxes than ever. why do we need to raise taxes? why are we hitting our heads up against this debt limit? none of it makes sense. >> what we need to do is cutting spending. there are plenty of things we could be doing. congress, the house just passed a bill to increase subsidies for amtrak, for example. that is something we could be cutting back on. it is pour more important to increase gdp growth rate. we get more tax revenues without increasing tax rates. that is what we need to aiming at. how do we get stuck at 2.4%. gerri: starving the beast is no
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way to grow the economy. diana, thanks for coming on tonight. very good to see you. >> great to you with you. gerri: later in the show a look at a new plan by charles schwab involving your money. massive snow banks on streets across the northeast set the stage for parking showdowns. can you really save a public parking spot? our legal panel weighs in. coming up. ♪ ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration.
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as space savers. dam, what is going on? what do you think two. >> there is a legal debate and a moral debate. legal you have no right to the parking spot that you dugout, but morally if if you take that persons probably move away for a few minutes is not a nice thing to do. gerri: i have to place them sound from a woman that was ticked off about this whole thing. >> i said i broke my butt here for hours and a few minutes turns out to 45 minutes or an hour. gerri: what was the right thing here? >> you cleared it and claim it. shoveling snow is hard work take it from me and san diego. and these residents have the right to enjoy their food of labor.
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and that is the patrol. it's public shaming come you go out and take a photo and put it on the internet and you ran the offender with a scarlet letter. gerri: i love that. be respectful of your neighbors during this process. and dan is that an unwritten law about snow removal, is that enforceable? >> it's not enforceable by the law, but you need some moral shaming someone takes another person spot after this. other people -- it's the same thing as if a pregnant woman walks in and someone take selassie before she before she sits down herded through them noxious. but it's not legally offensive.
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>> they were putting this on top of the car but they had removed all the snow they cleaned it all up, and then somebody parked in their space and they just loaded all the snow right back on our car. >> the way that i see it is now you are shoveling the snow twice. and the person they are is going to be able to move their car without you doing so. >> how about the guy that put one of those teddy bears there and kind of beaded up. >> it might not be legally enforceable, but it might not work.
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>> you know, it's public shaming, you know what i find is that in a neighborhood, you know neighbors watch out for neighbors. they will tell you that my neighbor parks there and you better not do it. >> that is a great point. sometimes the nice clean space in front of your house turns into a park and ride where you get people parking their that do not live in your neighborhood. and the irony is that we're trying to enforce stability and sometimes we end up doing it by criminality. vandalism, assault, battery, this is what has resulted from the problems caused. >> we should make sure that people don't take other peoples spots, we don't want the police dealing with this come and they have plenty of other things to deal with as well. but let's not take other peoples parking spots. >> leave it to the pc.
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gerri: those are the neighbors and they will get you. thank you both for coming on. coming up answering your questions about paying for college with a panel of experts. and we are looking out for you and your money with a look at a new you can call me shallow... but, i have a wandering eye. i mean, come on. national gives me the control to choose
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gerri: welcome back to our users guide for paying for college committee number five. and the airport has both of the runways open now that this delta jetliner skidded and smashed their offense. six people were hurt in yesterday's accident the ntsb plans to retrieve the flight data and cockpit voice recorder as part of its investigation and
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a deep gash in his scalp harrison ford is hospitalized with non-life-threatening injuries after his plane crash yesterday. and another trained in real meant to tell you about. the nsf railway says a total of 21 cars left the tracks in an accident in western illinois last night. the resulting fire spreading between five cars continues to burn. and set to become the 25th state with a right to work law wisconsin's assembly passed a bill last night with no democrats voting out. it would prohibit businesses and unions from requiring all workers to pay union dues. those are some of the stories in the news tonight. automated investment services robo advisors are becoming popular and consumers are
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interested in investing in low cost. the growing popularly abused advisors has led some financial service companies to get into the game. charles schwab joining me now to have a conversation about this. so they are calling these intelligent portfolios, do you believe that they will be meant what you make of this advising business? >> i think that there will be a place for it. i don't think it's going to be something that will take over the world were taken by storm you're going to have the younger crowd stepping up and it is basically a reduced cost, so anytime obviously reducing the service that is available for the client can be part of that. >> interestingly you say that it's not going to take the world by storm but advisors are ready managing $14 million in five years estimated 255 million. so it's obviously growing fairly rapidly. what do you think is behind his
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idea to do this? why do you think that he's getting involved? >> it is growing. but if you look at the overall savings and the dollars being invested and managed, it's still very small. it's not going to become something really huge. but i do believe it has a place for it and i think that it is a smart play for charles schwab because they've always been about providing minimal service and that is really part of it steelheads been popular with the regular advisors. let me show you what kind of fees are charged. 0.152 have a percentage point typically much more in some cases. we don't know many details about what they are doing, they have been expected to release details sometime this month.
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they say that the service is going to be free, is that? >> you know the story nothing is for free. >> you have to describe the soft money. >> you know funds that kickback from cache, there's nothing wrong with that, it just happens all the time for placing money in a particular portfolio, i don't know that to be the case but again, i don't think there's anything wrong with that. >> talking about how this works. when you say it will blow >> these are basically portfolios that are going to set up they have to age and they save you money. is isn't that right? >> yes most of the people are
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looking at this they need to know what kind of security situation went white how do i do retirement? what is that going to look like? so they are just not interested they are willing to pay a little bit more to help them. and i always believe that people always want that, i know that people talk with me and a couple of weeks ago i had a guy walking into the office and saying i'm a graduate of yell but when it comes to money stuff it is just gobbledygook. gerri: so many people feel that way. there are a lot of advisors who would like to have this business out there. thank you for coming on the show. >> you're welcome thank you. gerri: when we come back the
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colorado mom is here to tell us how she managed to get her kids off their cell phones and computers and the amazing thing that happened next. and then bringing in our panel of experts to answer all of your college questions. here's your consumer gauge with the numbers that mean the most to you you, my friend are a master of diversification. who would have thought three cheese lasagna would go with chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*?
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the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do.
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gerri: what you have been waiting for wrapping up to the users guide to education viewers at home is sending in your question, our panel has answers, the users guide wraps up with advice from inside the industry and a student right in the process right now. and a campus correspondent for campus reform.org.
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bob is the senior vice president of institutional planning and we are so pleased to have you here. our viewers are just dying to hear answers to some of these questions. >> one of the questions that we have, what questions should the high school seniors be asking themselves when preparing for college? >> the first thing is don't just think about brand, you have to separate yourself from those things. they have thought about those academic fit and campus culture fit in and financial aid. gerri: it's all about the money my friend. you are the man. so i have to get through you. what are some common plants and train questions that you might ask? >> first of all an interviewer really wants to know about the student's character and personality. one of the blaze to do it is
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were you excited? what really turns you on? or do you see yourself five years from now? that kind of thing that admissions people really want to get to the bottom of what students are thinking. >> for you my friend, what was the most wrestle part of the college applications process and what would you have done differently. >> thank you so much for having me on. first off what really bothered me was i realized the college getting into at first was the easy part. it would seem his heart is sorting through all of the financials especially when the wording can be frustrating and confusing. when i got my financial aid packet in my college application, i realize it at first they have a grand total and i thought that's what the school was offering me, but then you realized some of it is money that you are eligible forward and the other is sending in
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loans. and you have to recheck things and recheck again. so what are the major deadlines for high school seniors and the deadlines are more important for schools and they are for paying your mortgage because the schools are less forgiving than lenders. >> may 1 is the absolute most important data you have to keep in mind because that is national decision deadline month and other dates to keep in mind if you are a junior, december 1 and regular decision dates as well. gerri: you really don't recommend early decisions? what to call? >> the traditional early decision. at times you're going to apply
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for financial aid. you can go in with blinders on. gerri: how can i tell one financial aid offer from another in which will be the best deal? >> financially it absolutely is based on cost. and if you don't look at the cost, you're going to be perhaps a little bit swayed to this. but what i mean by that is that this gives you $20000 and college number two gives this offer, but wait then they are the best offer if you realize that the second one is more than the first person you have to look at the total aid and also the makeup as was suggested, loans versus grants. >> i just want to ask you expected contribution, this is the amount that they say to you have to pay.
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mom and dad don't decide it it's decided by all the paperwork that you put out. you put that out there no matter what enact. >> parents can find ways to pay their family contribution loans parent loans that can be used to fill that contribution and institutions have a little bit of discretion in terms of this. >> what about the college education system would you change? >> we all know about this idea of college that and student unemployment, but something that continues to bother me is just the school's refusal to cut costs on students. i hear about this all the time being a student reporter for the leadership institute campus reform. for example cornell university just proposed a 360,000-dollar fine that cannot be covered by financial it. so this kind of attitude and
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behavior is causing student like myself to be upset. gerri: i want to just stay with you for a second and we don't have much time. because you're actually there in the middle of it, do you find that over time do you want to take over the role of being the lead in planning for college? what are you doing? >> i did get a scholarship to cover my tuition. and i saved money as i was working as a student and i also talked about my current savings fund as well. i'm trying to offset some of the cost just for doing some internships to really do that on work experience. >> you guys are great thanks so much for coming in and answering the viewers questions. it has been a great week. lauren and bob and rob who is here with us all week, thank you so much. >> thank you. gerri: still to come one
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mother's answer to teenagers that spend too much time on other electronic devices. find out what she did and how was a big success coming up. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without
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>> i just decided to do it because i love the vacationing with my children and in the with our environment, i chose a dude ranch because horseback riding is such a great family activity and what is wonderful about it is that they have so many other things to do and baby goats and it culminates with a cattle drive as well. >> this looks like so much fun. >> at first she didn't tell us there was no wifi or connection experience, and so oh my
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goodness, what's going to happen after the first few days it was like this is really fun. and we got to experience each other as well as horseback riding and everything else. >> you are 14 years old, what did you make of this? did you put all of the gizmos away? >> yes at first i was really upset and not being able to be on any electronics for the entire week but after the first day we had a lot of activities to do and i wasn't even missing a just after the first time. gerri: we are showing a lot of the pictures. it will click a great time. you are an orthopedic surgeon. do you find it difficult to spend a lot of time with your kids? i'm sure you have a long workday. >> the workday i pick the kids up from school, but it's just stressful during the school
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year we have homework and things to do and dinner, we want to make sure that everyone has their activities in line. so i really cherish the vacation time that i have with the kids very but so often the kids will be on vacation and they will say mom, i'm bored, can i watch a youtube video or can i play a game and i just want to be in an environment where that wasn't an issue. gerri: would you do it over again? >> absolutely, we are doing this again. gerri: which one of you had a hard time giving up your iphone? >> i definitely have the hardest time with an iphone and she had the hardest time with computers. >> would you do this all over again? what is the real payoff for you reign. >> real payoff was just the one-on-one time with the kids to
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be out in the woods riding horses and then to be able to have dinner together and discuss the activities of the day and the experiences that we have with the wrangler and on the ranch and feeding baby goats and it's just really a special experience. >> that's great stuff. thank you so much for coming on the show and it's good to meet you at. >> thank you. you show up. you stay up. you listen. you laugh. you worry. you do whatever it takes to take care of your family. and when it's time to plan for your family's future we're here for you. we're legalzoom, and for over 10 years we've helped families just like yours with wills and living trusts. so when you're ready start with us. doing the right thing has never been easier. legalzoom. legal help is here.
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gerri: will you buy an apple watch? 96% say no way. and this weekend springing forward as daylight savings time arrives. this is your reminder to set your clock forward before heading to bed on saturday night although most smartphones update automatically you could lose an hour of sleep. it promises an extra hour of light as we battle the remaining days of winter. the time change is not observed in hawaii. that is it for tonight list
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report, thank you for joining us and don't forget to record the show if you can't catch us live. have a great weekend and a good night, don't miss that hour of joining us. have a fantastic weekend. good night from new york. neil: if jobs are soaring why is it so many americans are still just plain old bumming? maybe because jobs really aren't soaring and because the jobs numbers everyone looks at really aren't what we should be quoting? welcome everybody, i'm neil cavuto. folks we're being fooled. 295,000 jobs weren't really added to the economy last month. over the last few monthses, more than two million jobs were lost. now, i know what you're thinking, old cavuto, propeller head, is climbing back inside his black helicopter to share his latest sinister or government plot, but hear me out. i don't think anyone's plotting and i'm not here to say we're being lied to, just not fully informed. not deliberately. i want to stress, no
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