Student loans have gotten a lot of attention recently.  Whether it is due to the sheer number of loans and size of the outstanding debt, or due to the competition for talent, employers are weighing whether they should offer new benefit to help those who have them.  Today, we take a little different view on student loan debt and delve into the impact they might have on the economy and unpack a few popular narratives in the marketplace.  To provide the intellectual muscle to the conversation I was glad to have Scott Kimball, a portfolio manager for BMO Global Asset Management join me today.  Scott does a great job helping explain the impact of student loan debt on the economy and creates the case for why employers should consider their impact on the employees, even if you don’t have a lot of millennials.  Also, don’t miss his take on whether Student Loans are the next sub prime mortgages and stick around for Scott's thoughts on some other things he is concerned about that could pose a threat to the economy.  

Before we get started, we have a few more new episodes coming out in June before we take a little hiatus in July.  During the short break, I will be thinking about ways to improve the podcast, kicking around future topics and looking for future guests.  I would love to get feedback from our listeners.  Please shoot me an email to [email protected] if you have something to share.  Anything good, bad or just a note saying that you enjoy the show is appreciated. 

Guest Bio

Scott Kimball, CFA Director & Portfolio Manager is responsible for the firm’s investment policy and strategy and manages client portfolios. He joined BMO in 2007 and served as a research analyst prior to joining the portfolio management team in 2011. He is also a member of the management committee.

Previously, Scott held positions at Merrill Lynch and other boutique investment firms. He began his career in the investment industry in 2003.

Scott holds an M.B.A. from the University of Miami and a B.A. in international business from Stetson University. In addition, he is a CFA® charterholder.

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