18 Vs. 28 Vs. 38: Student Loans

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"Going to school does not guarantee you a job."
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12 мар 2020

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Комментарии : 2,4 тыс.

@norin0818 4 года назад

“Taking out loans is very normal nowadays” just a perfect example of why normal is not always good

@shaun1293 4 года назад

Considering 7 out of 10 Americans are broke...

@pri.sci.lla. 4 года назад

It’s a good investment if it makes you more money than it costs but many people aren’t good with money

@aisha7659 4 года назад

Priscilla mb bc they’re 17-18 yr olds who are unable to envision the impact it will have on their future

@Starry_Night_Sky7455 4 года назад

This whole debt economy? That is normal. It shouldn't be, but take a look at how the system works, and has functioned for several decades.

@anon8197 4 года назад

Same goes for interest. It could mess someone’s life up. Theres a reason it’s a sin in many religions

@RandyLy 4 года назад

In high school, I thought that going to a community college meant that you weren't smart enough to get into a good college. Now I see whoever went to a community college were probably more financially literate than a lot of the Ivy League graduates who had to take out massive loans.

@cocoaxo6126 4 года назад

@The Colour Green i got accepted to great schools for my bsn like penn state university and uni of miami but both would've resulted in horrifying amounts of loan debt even though they offered me bits of scholarship money.

@collegeliftoff686 4 года назад

Because Ivy leagues have such large endowment funds their average debt after graduation is only 10k. The US average is 32k. Ives are not the problem when it comes to student debt. Its large college with small endowment funds that are the problem.

@pcFOREVER89100 4 года назад

@@cocoaxo6126 I'm a nurse and I got my ASN from a CC and my job paid for my BSN with no debt

@ntmn8444 4 года назад

The Colour Green what you said is completely accurate. An Ivy League education could end up costing some students less than tuition at some community colleges. But otherwise, OP’s comment is right on the money.

@tripletvn 3 года назад

If someone will not have UG as the terminal degree, it is not a bad idea at all to go to smaller, cheaper school and saving up on the tuition and board expenses. Then, apply to really good graduate school with a star profile, which is so much easier done at a smaller school because most professors would support in any way they could any outstanding students at an average college. They key is knowing what you do with your time and money (time comes first).

@creativecollective8275 4 года назад

The 38 yr old sounds like she ruined her life with all these loans and would go back and do everything differently, probably not even go to college.

@amazinglats6020 4 года назад

Mo'Sha Carter I think she has the right mindset here, the Asian lady has it all wrong she said if she could go back she would have just went to an ivy league school and probably went into more debt X D lol

@TheChangNetwork 4 года назад

@@amazinglats6020 I think the return on investment of an ivy education is probably higher than upper middle tier schools.

@ismaelsarabia405 4 года назад

@@amazinglats6020 clearly you dont know the benefits of ivy schools.

@amazinglats6020 4 года назад

@@ismaelsarabia405 oh enlighten us.

@ismaelsarabia405 4 года назад

@@amazinglats6020 are you really that lazy to do research yourself? I'm not a babysitter. Its really not hard finding studies on the advantages of ivy schools. I'm not gonna waste my time explaining something so simple and obvious to somebody.

@KingNeutral1 4 года назад

Imagine paying $150k for a school and then the coronavirus forces you online so you don’t even get to even experience the school..

@sarli2196 4 года назад

Bam Bam Massage atleast if u paid u can get a refund for the services u havent been able to use

@torikami652 4 года назад

SARLI you don’t get paid back for anything except maybe a meal plan and parking pass. University prices are the same for online or in-person learning so they feel no need to reimburse you. You also don’t get refunded for housing on campus even when all dorms close.

@tracy_cakkes 4 года назад

Omg no

@jathebest2835 4 года назад

The reality of class of 2023.?..

@JK20239 4 года назад

@@jathebest2835 right... it should have been known since class of 2008

@Iceblaker 4 года назад

Going to community college was the best decision I’ve ever made

@rawlee6719 4 года назад

Blake same 👌🏽

@dreamergirlbaby 4 года назад

Same 😂 my 2 year college is a blessing

@melissaalvarez415 4 года назад

100% I felt like I was missing out on the college experience all my friends were having (and maybe I was) but looking back, it was worth it.

@mariaserrano2953 4 года назад

Blake yea but I want to be a doctor, so that really doesn’t work for me

@allisonjustice678 4 года назад

@@mariaserrano2953 go to community college for the first 2 years.

@danlogrono8675 4 года назад

This is why I’m glad I went to community college first right after high school. I went for 3 years then transfer to my dream school, but during that time I saved up for my other school and now I’m about to graduate this year in the spring with no student debt!! I would definitely recommend having students go to community college first and work hard to save up. You can have either have less of a student loan debt or no debt at all

@danlogrono8675 4 года назад

MemeChip 69 like I was able to transfer to the school I really wanted to go after high school but couldn’t afford it lol

@cliffordpinthievre6499 4 года назад

Congrats whoever you are

@omarzaifulizan3064 4 года назад

@MemeChip 69 dream school is a school that you want to go to lol

@Melcatsite 4 года назад

That's what I'm saying, I go to a cc too and I only have to save up for when I start nursing school because all the gen ed courses are covered by my financial aid and they're cheap as hell too, so I can save my refund.

@danlogrono8675 4 года назад

Melcatsite yup! All I took at my community college is just that and my business requirements from the school of business at my current university.

@leesoojung5858 4 года назад

i'm a 140k in debt for 5 years of med school and thats AFTER subsidy by the government. the original was about 650k goddamn

@raspberry765 4 года назад

lee soojung I was just gna comment about med school loan :) I refuse to think about it lol

@oeckstei 4 года назад

Well the difference your going to be a doctor. Law is not recession proof like healthcare.

@Kristendelores 4 года назад

A year out from a PharmD degree, but I'll graduate with 160K in loans. ~15K paid by my blue collar parents. I'm lucky and thankful for them, because without their help financially I wouldn't have been able to do my undergrad curriculum. My fiance and I have plans to pay off my debt in 3 years after graduation. I think regardless of degree, you have to be realistic. So many students think they're going to be a doctor or lawyer, but they need to be honest with themselves!

@Kristendelores 4 года назад

Corolla 2018 for what city? LOL more like a down payment where I’m planning on living. Worth it when you make 100k+ a year

@leesoojung5858 4 года назад

and wages here aren't super high! at least in the beginning. i'm more likely to earn about 60+k annually before it gradually increases

@phatkidd100 4 года назад

As someone who works at a university i can tell you 75% of people get screwed over on school loans and would be vastly better off in life without college

@nikopalmer6471 4 года назад

phatkidd100 it depends what you major in

@amycieloo 4 года назад

Niko Palmer no. Even if u graduate college with whatever ur majoring in ur most likely won’t get a high paying job (and if ur in the med field even worse) This person works at a university and just said a lot of students would be better without college

@IARRCSim 4 года назад

@@amycieloo I went to university for undergrad studies, worked there in a few short positions, and tutored some of the university students for several years after. I agree with Niko that it matters greatly what you major in. Yes, lots of people even in engineering and computer science don't get related jobs after graduation or get a much lower position than hoped. Gender studies students will 99%+ not use their degree to get good paying work. A computer science graduate will more than half the time get a related position and start a career in a computer software or IT-related field. That's where my fellow classmates from computer science went in the few years after graduation.

@shittymcrvids3119 3 года назад

Or study abroad, europe is cheap and the unis are internationally recognized.

@feartheghus 2 года назад

@@amycieloo it really is a question of the worth of the investment. Getting a couple thousand in student loans because you went to a school that was good for value and you earned scholarships, etc. is a good deal if you’re leaving with a degree in finance or engineering and you’ve gone to the career fairs. Then you can easily pay it back. If you go for gender studies the degree is worth nothing and so any debt is a loss. Don’t work at a loss when you have the choice to work at a massive gain.

@KhanhTran-rg5us 4 года назад

I think she understand the loan. She just thought she was gonna be able to pay it of being a lawyer.

@ptt218 4 года назад

Khanh Tran She said she didn’t understand the IMPACT the loan would have on her life. It’s an easy mistake to make and one which I can understand. 27 years ago, I graduated with 40k of law school debt which I consolidated to 20 years because I could not afford the repayment and ended up aggressively paying off in 11 years. I had no trouble finding jobs but it still required sacrifice. Also - Law is not as lucrative as many think, but you don’t know that while in law school. If I had it to do again I would have gone to law school at night (4 vs. 3 years) and worked to graduate with minimal debt.

@KhanhTran-rg5us 4 года назад

@@ptt218 I agree with you, but it was her dream to be a lawyer. Most people won't say no when they apply and get into law schools. She will take any amount of loans if that's her dream to be a lawyer. She only regrets the loan cause she didn't like the career path she choose.

@wadexyz 4 года назад

@@ptt218 calling the loans predatory sounds disingenuous. don't think it helps it's coming from a lawyer.

@josephchen920 4 года назад

@@ptt218 Maybe people should research actual income before committing tons of debt to earn that income

@josephchen920 4 года назад

Exactly. And the reason she's making far less, not being a lawyer now, thereby not paying off her debt? She didn't like the job. When did we all get entitled to do a job that we like? How about doing the job that's most responsible, and not complaining about the consequences if you choose to be irresponsible.

@christina2311 3 года назад

Community college and dual enrollment classes in high school. Cannot stress that enough. Everyone told me I was “too smart” to be going to community college, but that is BS. I’m too smart to be paying $15,000 more per year

@isabelzumaya9684 2 года назад

purr queen

@MysticDivinerLJ 10 месяцев назад

Periodt! 🙅🏿‍♀️💁🏿‍♀️

@elizabethhively8079 2 года назад

SOMETIMES AGO I WAS SO SAD BECAUSE MY SCHOOL LOAN AND MY EX SCREWED MY CREDIT, LIFE WAS NOT COOL FOR ME AT ALL UNTIL WHEN I MET RAUL THAT FIXED MY CREDIT WITHIN 4 WILL TELL THE WHOLE WORLD ABOUT YOU RAUL MY HELPER

@karrypurdy2842 2 года назад

RAUL GOT MY CREDIT SCORE TO 820 WITHIN 2 WEEKS! SO AMAZING! YOU CAN GET YOURS DONE AS WELL

@Thanyawan 4 года назад

I really wish we had more education on finances. Even on personal finances to be specific, I’m 28 and there’s so much information I wished I learned when I was younger.

@daith_izumi 4 года назад

Thanyawan that’s why I heard about students’ stories and student loans and said “NOPE.” Too risky and I don’t want to be in debt when I’m older

@teeholguin11 4 года назад

We wouldn’t even that much education since it’s mostly about who not to trust to take advantage of you.

@leinaelgazali80 4 года назад

Im 28 and a finance graduate but have no working knowledge on how to utilize what i learned in real life. Its a damn shame.

@gavingraf2897 4 года назад

like..

@paolacarrera8792 4 года назад

Can you give some helpful advice?

@eldorajimenez7903 2 года назад

RAUL I AM SO GRATEFUL, MY SCORE JUST MOVED TO 820 FROM 450

@missrue1707 4 года назад

My “dream schools” were private. So I never even applied. I then settled for a public school which I ended up not attending. My FAFSA application was flagged and my award amount changed. I lost all the pell grant money and got a bunch of loans instead. I just remembered crying that day and in less than an hour I made a drastic decision to withdraw and enroll myself in a community college. My main motivation to go to a four year university was to get out of a toxic home life which explains why I cried so much. It came down to being miserable at home for the next 2 years or be miserable for the rest of my life with all these loans. As an immigrant, it’s absolutely terrifying how education is a business exploiting young people. I’ve been reading some of Dave Ramsay’s books and it’s crazy to think that we are not financially literate.

@MySlenderGames 4 года назад

JONES Don’t you think she would’ve if she could’ve? Not always easy

@GHE-bv1pf 4 года назад

Your situation is unique. Most people (including college graduates) are financially illiterate.

@patty221 4 года назад

Private schools give a lot of money. I graduated highschool with a 3.5gpa.and 27 act. I got 0$ from all public schools and about 30k from a private school that cost 40k to attend. The cheapest public school in my state is 15k a year.

@patty221 4 года назад

Also that private school included room and board while the public school cost did not

@harmoniegivens697 4 года назад

you kinda fumbled the bag private schools b giving them thick financial aid packages

@GuenShuper 4 года назад

I went to Ucla and took out over $45k in student loans to pay for it because I felt the pressure to go to such a great school even tho I didn’t know how I’d pay for it. After I graduated I wasn’t making much money and tried as best as I can to pay as little as they’d allow me (I went on interest only and then income based) and hoped eventually they’d be forgiven. By 28 I was fed up and didn’t want to just hope the government would bail me out. I discovered dave ramsey, followed the baby steps, had a better paying job by that time, budgeted, AND did ridesharing. After a lot of focus and sacrifice I paid off over $68k of student debt and credit cards in 3 years. Since 2018 I’ve been debt free!

@collegeliftoff686 4 года назад

congrats on repaying your debt. The pressure to go to an expensive school that may not be for you is real. We need to stop pressuring kids to go to expensive school and instead go to the school that's best for them.

@AnahiAndJustin 4 года назад

what was your major?

@user-yr3uj6go8i 3 года назад

Dave Ramsey is not the hero we deserved, but the hero we needed.

@scarlettcano 3 года назад

Hello, Id like to know what was your major?, are other similar (in quality) universities to UCLA, but cheaper?, I’m not from USA, but it would help me a lot!

@HolyGround777 3 года назад

That’s awesome!!!

@twdjt6245 4 года назад

Your first mistake was continuing to go to grad school for a profession that doesn’t even make 1500 a month.

@SDeww 3 года назад

a grossery store employee earns more than that!!!, come on!!!!!!... go work at starbucks and you earn more than 1500 dollar a month, she is just LAZY!!!!< most woman work 10-20 hours a week!!....LAZY!!!!

@donnyc.3398 3 года назад

@@SDeww exactly i was saying , women think they have it easy in school but boy its not right after you graduate its not what we thought it would be.

@email5023 3 года назад

@@SDeww *grocery

@yihannajohnson3711 3 года назад

None of these degrees make alot of money.

@chris-rios 3 года назад

@@yihannajohnson3711 😂😂

@GenK1991 4 года назад

I was nodding my head in agreement until she said that she’s hoping that within 10 years she’ll get it all forgiven? No, thats not the right way to think, you should be hoping that in 10 years you’ll have paid it off and moved on with your life.

@jasonm7684 4 года назад

145 thousand dollars paid of in 10 years is around 1.8 k per month if u include interest accrued during those 10 years. So when she says 145 in 10 what she will really pay is around 200 k. 1.8 k a month is near impossible for people to pay off. Unless their working upper level jobs that pay 70 - 80 k a year or they can live with their parents and not have to pay rent. Even with a 70-80 k salary it would still be super hard, you wouldn't be able to have a car payment or live anywhere nice.

@pikosz11 3 года назад

@@jasonm7684 so u need at least 50k for living a year in US? Or maybe consumption and debt is so deep in your brains that you just can't live without things you can't really afford?

@MrTmenzo 3 года назад

Awesome attitude and outlook to have best wishes in life my friend 👍

@xzcsdf9574 2 года назад

sensible

@maebliss344 2 года назад

Jen, she probably was referring to the clause where if you work In certain areas of service in poor communities, your loans are forgiven. It is a thing.

@DrZaius_3 4 года назад

My $40,000 in student loans suddenly doesn't feel like a whole lot lol

@DrZaius_3 4 года назад

V King Well my plan is to land a 9-5 job and have whatever I make go straight to student loans. Right now I make just enough to scrape by doing freelance work so I don’t mind living like a broke college student for another year or two in order to become debt free.

@cooper197 4 года назад

I believe in you but student loans also depend on major and or the quality of work that is provided so most the time higher student loans are because it has a higher chance of getting you a very well payed job

@DawnsWorld 4 года назад

Try side hustles, or passive income if you can. If you excel in some skill, I’m sure that you could put it to good use, and make money on the side.

@DrZaius_3 4 года назад

@@DawnsWorld Yup, I've pretty much got my own business that makes just enough to me to survive so I'd be able to moonlight with my side hustle and use my 9-5 for my debt.

@DrZaius_3 4 года назад

@@cooper197 I'm a Creative Writing Major so most of the starting positions in my area start between $35-$40,000 a year. Though the looming economic collapse might put a damper on things lol.

@UntakenNick 4 года назад

3:40 "I hope that in ten years I can have it all forgiven." And you don't think that kind of mentality is precisely what got you in that situation? Your plan is to scam the system by going through life asking for loans and then "hope" to have them forgiven? I seriously doubt that's going to work.

@shb7669 3 года назад

Scamming a system that’s scams other people

@shb7669 3 года назад

Rylan Shreve I’m not suprised you’d say that 🙃

@Scorpia161 3 года назад

@Rylan Shreve yeah it's a whole generation's fault that college has gotten exponentially more expensive and the job market requires a degree : )

@ashmanchester2611 3 года назад

I agree that she was completely ignorant and never even thought about paying off the loan. Hence why she says during the interview that she never made a single payment to her loans, which after 5 years she went from owing 117k to 145k in loans. And now she's hoping that after not making a single payment after all this time that she'll just have it all forgiven and not pay a single dollar. That's a straight up insult to everyone else that had to make their payments and become debt free

@SDeww 3 года назад

exactly she will vote on some socialist political party in the hope that they forgive student loans... or find a man that pays for her, that is her whole plan, and now she works maybe 5-10-20 hours a week earning 1500 dollar a month wich is less than a grossery store employee..... welcome to modernday feminism.....this is it... 50 years ago they would be married and have kids and be perfectly happy, now they have no husband, no kids and are 100k dollar in debt.....we sure went forward as a society!!!

@sethkang4410 4 года назад

rather work minimum wage than get in debt like this. god bless them

@epiksar 4 года назад

Seth Kang it depends on the field you get into and how savvy you are in getting a job. I am in my last semester of a computer science masters degree and I'm already working full time as a software developer making $75K a year. However, my undergrad was in biology, and it was impossible for me to find any meaningful work for a whole year after graduating. I was stuck underemployed at my same job for a long time. The only job I was qualified for without going into a medical profession was as a lab assistant, and those don't even get paid very well at hospitals. And most positions wanted work experience. I'm glad I made the switch.

@sethkang4410 4 года назад

@@epiksar you know that if you focus on nurse anesthethic instead of biology you can get paid more? its less competitive because not a lot of people know it. but hey it works for you so congrats. but im just saying not a lot of people are as smart as you. lol

@epiksar 4 года назад

@@sethkang4410 I was not interested in going into the medical field. I found that out after graduating. I was considering optometry, but there's too much competition. I hated working at an optical office. thanks for the advice, though. I have found my calling :) I know I'm much happier here

@sethkang4410 4 года назад

@@epiksar not lot of people know their calling thats how they get stacks and stacks of debt lol. good for you

@AnthonyTantillo 4 года назад

By the sound of it , most of these women are working minimum wage anyway.

@lauren1211 3 года назад

I will never forget. In my senior year of high school, all the teachers were trying to push us all to go to University and said and I quote: “well nobody can really afford college. Just take our loans and think about it later.” 😟. I am so glad I did not take that advice. I feel bad for my former classmates who are drowning in debt now cause they didn’t research for themselves and blindly took that advice.

@Me-hf4ii Год назад

Yes! Same experience! and then I heard the same thing from the university and from the lenders. It’s a win-win, no risk, smart investment and you HAVE to have a degree - you’ll lever be anything without it! The degree (doesn’t matter which one or in what field) is SO valuable, loans will pay for themselves in 10 years! Don’t worry about how you’ll pay - just know that you WILL be able to pay because of how many doors this is going to open for you. My college even promised a 99% job placement rate within 6 mos of graduation, making at least 20% over median wage in your first year, and if they needed to, they would make a job for you! That’s how many connections they had! 🙄 It was all such a scam. But it wasn’t at all obvious at the time since it was coming from all angles. Now everyone says “well you shoulda known better! You took out the money, now pay it back, sucker.” 😞

@ogasdiaz 2 года назад

6:58 "Honestly if I knew that I'd have all those loans under my belt. I'd have gone and applied to the Ivy League school of my dreams". Girl, you learned nothing

@Alex-vv3sv 2 года назад

LMAO literally

@snickersimsocute2438 2 года назад

Some of the Ivy League schools don’t have student loans as part of the financial aid package. So, it’s possible that she would have had zero student loans or a lot less due to their financial aid packages.

@GR-uc1gq 4 года назад

Y'all need Dave Ramsey!

@pablolinazi3859 4 года назад

😂 LOL

@katv3116 4 года назад

True I'm debt free because of him :)

@guyheavengym 4 года назад

100k+ for a four year party/ liberal arts degree and they want taxpayers who made smart decisions to bail them out. The entitlement and impulsiveness of this generation is astounding.

@nolan79807 4 года назад

They need a government that cares about them!

@Pcarnevaaa 4 года назад

Dave Ramsey is as demented as Joe Biden.

@misstaylors 4 года назад

My husband got into the trade industry. People will always need welders/plumbers/carpenters/electricians. And they train him on the job. He gets paid big $$$ to travel to do a job.

@majesticasfawkk8836 4 года назад

My friend is also a plumber and also cannot find work in the city. He's been looking since October since his last shop closed down.

@phatkidd100 4 года назад

Im a electrician at a university and i make more than half the professors and have zero student debt

@boltup5566 4 года назад

The physical part of it takes its toll as you get older. Office jobs dont have this downside. Just something to think about. Trademen can get into management so theres less wear and tear.

@GR-uc1gq 4 года назад

@@boltup5566 no it's better that way. Keeps you active. I worked a physical job then a office job. You lose alot of mobility just sitting around and not moving

@mikecanam9477 4 года назад

I Bet these Girls would have made great Welders.

@BabyBearRudy 4 года назад

My student loans are down to $6000 and I’m just like, I’m so close to paying it off 🙌🏼 I will no longer be a slave to this predatory type of lending

@Pcarnevaaa 4 года назад

*buys a house or car*

@matthewdavidson7283 4 года назад

it's not predatory. someone loaned you money to get an education. you had to pay it back, which you worked hard to do. good job you upheld your end of a mutual agreement.

@victoriahale5254 4 года назад

Rodolfo Suarez how is it predatory? It’s like the lowest interest you will ever pay on a loan

@Pcarnevaaa 4 года назад

@@matthewdavidson7283 Oh Matthew so naive. All debt in America is predatory.

@BabyBearRudy 4 года назад

Coach Nosebutter thanks for that great insight, what’s your next great insight, “water is wet”?

@ThisLifeUSA 4 года назад

Dave Ramsey will have a heart attack if he sees this.

@MySlenderGames 4 года назад

Patrick Carnevale Lmao, you,ve obviously never taken the time to really listen to him. Why do you think so many ppl recommend him? Because he shows people HOW to pay off all their debts. People that follow his advice pay off most of their debt within a handful of years meanwhile others take 10+ years to just pay off student loans. You think him just telling everyone to “pay off their loans” without much substance would result in millions of people getting out of debt?

@Pcarnevaaa 4 года назад

If you want me to go into public 4-year universities, it will make Ramsey's plans look like an utter joke. Tuition being around 14-20k in-state. Same living costs, include all your rent (w/roommates), utilities, groceries, transportation and books into this: 12-15k (no frills included). Depending on the area you could spend more. An estimate of around 26-35k/year for university. 104-140k/4 years (if you graduate on time). Now tell me what summer job will pay a 17, 18, 19 y/o 26-35k? $288.89 - 388.89/day, and say you work 11-hour shifts for 7 days a week for 3 months (highly unlikely at this point honestly). You would need to be paid $24.07/hr - $35.35. Minimum wage will be around 5.15 - 14/hr; so realistically you will need to find 2 jobs to actually pay this off. 7,416 - 20,160k/year per job assuming 30 hr a week and working all 12 months, but also remember higher wages are usually in areas with higher living costs. Maybe if you have a 6k grant thrown in it will be feasible for only the cheapest option. And of course I didn't factor in taxes yet ;) In this case, you would need to have two 14/hr jobs at 40 hours a week for 12 months (full-time) to cover the lowest option of 26k with no additional grant assistance. Don't get me started on the 35k. 4 years are not accessible. That shouldn't be the case. Anyways, that is what Dave Ramsey should do. Give plans. How to find the cheapest option. I can't believe I just wrote all that, but I am sick and tired of hearing all the Dave Ramsey dick riders on every youtube video about "student loans" that he is "THE BEST" or "In Jesus name I pray" kind of people (If you believe in that sort of thing that's probably how you ended up in debt, lol). All he tells people to do is pay their loans they took out. Simple, but there is no need to make a whole channel with that level of over-redundancy.

@MySlenderGames 4 года назад

Pmoose Travern I never said his plans for paying for college is unrealistic, I agree that they largely are. All I said was that he doesn’t just “tell people to pay off their loans”. Your dad could tell you to pay off all your loans, but is he gonna provide you with a step-by-step plan on how to do it and provide access to a community of people that are doing the same exact thing? No, that’s what Dave does. To add, he doesn’t just tell people to pay them off, he tries to make sure they become literate and responsible with their personal finances. The videos provide other people with personal examples, motivation, and self-realizations about not only their spending habits, but problems with their family members or friends. A whole lot more than just telling people to pay off their loans.

@xsweetheart293 4 года назад

That's cause back in his day student loans didn't exist. And colleges were affordable.

@michaelmentality 4 года назад

Pmoose Travern exactly. Ramsey isn’t realistic when it comes to paying for college

@wizzdom1511 4 года назад

Lemme tell you something “dream schools” don’t exist

@noprinterallfax 4 года назад

Okay boomer

@ZuoCruz 4 года назад

or dream jobs lmao

@wizzdom1511 4 года назад

Hridhay Suresh Im 21. I got into my “dream school” late and had already registered at another college. I don’t even regret it. Same education. Only certain schools (Harvard, MIT, etc) really give you a leg up on your competitors.

@wizzdom1511 4 года назад

Obmot58 P he/she is just mad they were brainwashed into paying $100k+ at a private college for a gender studies degree 💀

@paulfaine3333 4 года назад

“Dream school, dream job, dream WEDDING” Those things do not exist Their parents need to set realistic expectations for life

@HIPgirl95 4 года назад

I feel like I did EVERYTHING right when it comes to college. I went to a public college that didn't charge that much, it was local, it had the degree I wanted, it was absolutely the best choice for me. I had in-state tuition, I had money saved up from my grandparents, and I had pretty substantial scholarships. I still left with $6000 worth of loans. I know it's not much, but I still had loans AFTER Scholarships and a college savings account that my grandparents had been putting money in since the day I was born. It feels impossible to avoid them.

@faithrose5277 4 года назад

I’m in a very similar situation. I’m in my sophomore year though and I’m worried I’ll have to take out loans my last semester or last year. I’m really hoping I can find a job that allows me to save a little each month during these next years

@josephchen920 4 года назад

And how quickly did you pay that off?

@HIPgirl95 4 года назад

Joseph Chen still working on it, but mostly because my husband wasn’t so fortunate and we’re focusing on his right now.

@TrevForPresident 4 года назад

The availability of loans is why it feels impossible to avoid them.

@jameshumphrey3425 4 года назад

HIPgirl95 should still pay off yours first, that way y’all can go guns blazing on his.

@MrWhite00001 4 года назад

I remember all my friends thought I was just giving up when I said I was taking the year off after high school. I just chilled and partied and got my road map together. Joined the Air Force and got a job in HR. I literally sat at a desk for 4 years m-f. Never deployed worked maybe 1 Saturday. Got 4 years experience in HR. Got an associates then got out at 23. Transferred all my credits and now I’m about to finish my masters, with the 4 years experience with zero school debt. Not only did they pay for my school, they paid me to go to school so I didn’t even have to work, and I got max pell grants straight to my pocket so I would occasionally get 3’000 checks that I could just keep. Now I’m gettin ready to move to philly for work. I highly recommend that as a route for young adults. When you’re 18, people act like if you’re 24-25 in college that’s old lol. Than you turn 25 and realize you are just getting started. At 25, I have zero student loans, about 20k in savings and have a rental property. I’m tellin u guys. That 4 year investment I made to the Air Force saved me and made me THOUSANDS long term.

@TheTiayahi 3 года назад

Congratulations on being so SMART by getting someone else to pay for your education!

@kevintoma7194 3 года назад

@@TheTiayahi No one payed for it he earned it by serving. Don't be a bitter because some people made good life choices.

@bobito3booby375 3 года назад

@@TheTiayahi he didn’t get someone else to pay he served his country for four years and got the benefits of his labor.

@Ovulations 3 года назад

Kevin Toma someone paid for it.

@graydenboad574 3 года назад

@@Ovulations Yeah, HE paid for it, with 4 years of his life working for the federal government

@Mmvexxx 4 года назад

Community college for almost 2 years (free with a scholarship from high school), then switched to a state school (I commuted). Graduated with no loans. I didn’t have the full college experience but I sure as hell am happy that I don’t owe my soul to the devil having to pay ridiculous loans

@Lola-rn2jj 4 года назад

Sometimes I really regret going to college. I wish I would have waited until I figured out what it is I really want to do. It's a joke to think 18 year olds know what they want to do for the rest of their lives or commit to something that will leave them thousands of dollars in debt.

@Jptrail_riddingandmore 2 года назад

2years ago but meh I told my mom im not even sure if I want to go to college anymore just cause idk what I really want to do or if I will enjoy it. My mom of course kinda flip since she didn’t go to college after high school but im going to that college for a semester then I might drop out and take a year off and work or go to a community college

@yml425 4 года назад

I am graduating undergrad this month and I refuse to go to grad school until I have most my debt paid off.

@blurbthenerd 4 года назад

GOOD FOR YOU! You’re making a smart call. People end up in debt because they have lofty ambitions and think they can spend any amount of government money on their “dreams.” Make sure you teach other young people about how to follow your steps.

@invincible5065 3 года назад

and then more school? more debt!?!????????????

@wank1035 3 года назад

Good call

@user-lu6yg3vk9z 2 года назад

Don’t go at all. RU-vid Peter Schiff College

@joedirte716 2 года назад

COLLEGE IS USELESS

@Joeyblondewolf2 4 года назад

I can pay my student loans. It's the interest that kills me. $210 a month for just interest only!

@003thezg3 3 года назад

The replies sound like scam.

@SDeww 3 года назад

@Joeyblondewolf2 your a fool!, just a empty head~!, no one forced you to get into debt, you did it!!!, get out of school find a job!!... or go to school work on the weekend and after school!... and 1 look at your picture tells me you are a fool.. look at you!, you look like a CLOWN!!!.

@RickyBobby213 3 года назад

Try to pay off more. The issue many experience, is they pay the minimum. Ex, if your min payment is $300/month try to pay $600 (300 will go to principal in addition to your original payment)

@kobyyA 3 года назад

😀That’s why it’s a loan. The interest is part of it.

@MikeyPaper 3 года назад

@@kobyyA lol who would have thought. Imagine not understanding how loans work 😂

@rmp5s 4 года назад

This whole video summed up in 1 sentence: "I'm an idiot and it's YOUR fault, not mine!"

@IARRCSim 4 года назад

That sums up a good portion of BuzzFeed's complaining videos. I don't know why so many people go to university when it is so expensive. There are too many followers when everyone mindlessly does the same thing despite the huge cost. I'm happy I went but I had a strong interest in what I studied before going in. It sounds like these people went into university just to feel normal, hang out with their friends, or because them and their parents were naively sold on it leading to a great paying job even though the supply of university graduates was already saturating the labor market.

@ronakroshan7878 3 года назад

Exactly my point.

@Scorpia161 3 года назад

+rmp5s yeah there's nothing at all sketchy about every adult in your life telling you that the one thing you need to do to succeed in life, also happens to be one of the things that has rapidly increased in price out of all proportion while wage growth has stagnated. also super reasonable for an 18 year old to plan their financial future 40 years in advanced and become fluent in federal financial policy to figure out how much school is really going to cost them. I don't understand how boomers, who went to school for the price of a mcnugget back when the federal government was actually giving money to state schools, can see a generation of people all having the same damn problem as write it off as a personal failure.

@rmp5s 3 года назад

@@Scorpia161 *eyeroll*...even children understand that when you get a LOAN, it's a LOAN and you have to pay it BACK...

@rmp5s 3 года назад

@John Bosevski Being a millennial myself, I think what you're thinking of is "iGen". Read the book. And, check out "Coddling of the American Mind". They both talk about it at length.

@rc9749 4 года назад

Check out Don't Walk, Run! for a critique on this video.

@jasonjames9265 3 года назад

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@chrisjenkins203 3 года назад

@@jasonjames9265 oh okay, this sounds real legit 🤦‍♂️

@ajbillygun7673 3 года назад

@@jasonjames9265 ok but can you phrase this in English

@seoulsearchin_ 4 года назад

Even though I got great grades and aced my sats and got into all my dream schools I decided against college. Now its been 10 years later, I have my own house, paid off cars and have enough cash to hold me down a year atleast. Best decision of my life. Unfortunately all my friends who went all the way are dying from the student loans. We have to teach kids that it's ok if they don't want to go to college and it's ok if they do, just have a plan. Unfortunately they don't teach financial information to an extent where these kids can plan better.

@Scorpia161 3 года назад

@1 absolutely. universities want to make money, banks want to make money charging interest on interest, employers want employees who have no choice but to work, and the government has no reason to change any of it because it made a country of worker bees.

@mordecaingwu98 2 года назад

Please what field did you enter as opposed to not working college required jobs I’m considering not doing collage so I need some advice

@brianmcg321 3 года назад

Imagine going to law school and not understanding how a loan works.

@aalegalfocus 3 года назад

Yeah, that's pretty sad. Plus the student should've done some more research about whether law school was worth the huge costs.

@Mae-nw6cv 3 года назад

asianamericanlegalfocus don't law graduates earn good money?

@generalwillwelsh7926 3 года назад

@@Mae-nw6cv it takes years for lawyers to start to make more than 100k a year and she is 150000 in debt so she cant even afford to pay it off even if she had no bills. Then she says hopefully itll get forgiven showing that she things she can take 150000 from the government and not have to pay it back

@Mae-nw6cv 3 года назад

GeneralWillWelsh well I think the same can be said for all grad school degrees then. If she were to do med school she would have accumulated the same amount of debt and it would take her a lot of time to repay the debt I feel like all grad schools are equal and you need to be in your 60s to start earning good money in the US, otherwise if you're younger than 60 it just seems like everyone is stuck in a cycle of debt no matter if they've gotten a bachelors or a Phd

@generalwillwelsh7926 3 года назад

@@Mae-nw6cv unless you start a business or learn a trade. I went to school for hvac paid 18000 and you start off making almost 100000 a year.

@jaylabonner6480 4 года назад

When she said going to school does not guarantee you a job, my heart actually dropped. All I’ve ever heard my whole life is if you go to college you’ll get a good job and live a good life. Now I’m about to graduate (online unfortunately) and ik nothing about loans, credits, taxes, interest, etc. They basically just tell you in highschool to “apply for FAFSA” and hope for the best

@MsClaudiaDuran 2 года назад

The next time your counselor tells you student loan debt is good debt, tell him/her to put their money where their mouth is and co-sign your loan. Watch how quickly their tone changes.

@weetzybat Год назад

@@MsClaudiaDuran 😂

@anyone1111 Год назад

@@MsClaudiaDuran lmao I love this😅

@Fuzz1994tps Год назад

Online universities seem like a bad idea to me, given what hiring managers I think likely think about them. I don't believe that a degree guarantees you a job, but that the degree gives you aa chance that maybe you will be able to get a job with that degree, and some degrees have a better chance than other degrees with landing a job related to your major (example: nursing degrees generally produce a higher likelihood of finding a job related to your major than say, a degree in film or drama I am guessing)

@zennyzenzen Год назад

@@Fuzz1994tps the best thing college has to offer, in my opinion, is the ability to network. Everything else can be grabbed online 🤷🏽‍♀️

@jessicafuentes9630 4 года назад

Scholarships and working throughout school really helped me out a TON! Currently in grad school with zero debt!

@kiaradenese1272 3 года назад

I’m 15 years old and Im thinking about college, and even though im a little late can I ask how were you able to do it? I want to go to a grad school with no debt at all too and not having to worry about students loans

@jessicafuentes9630 3 года назад

@@kiaradenese1272 Hey! To keep things straight to the point: I ended up getting a full scholarship for undergrad so that helped me out a TON! Then, once I started grad school I was already working full time so I was able to save a bit and pay tuition as I went along. Living at home might help you cut down on some costs so that’s always something to consider!

@depressedaf3603 Год назад

@@kiaradenese1272 NEVER and I mean NEVER spend more than you earn!!! Lets say you make 100$ working part time, try to save 90$ and spend 10$ for yourself. Its a great choice to work part-time, work even more during your summer holidays.

@alezandradavila2581 Год назад

Yea it sucks I had to work in school too

@ToniBohni01 4 года назад

Watching this makes me mad. I'm from Germany and almost nobody has student debt here. School is supposed to be free, not a company!!!

@gaiac1979 4 года назад

Toni Bohni Our jobs here in the us allow us to keep more cash in our wallets. So it evens out. We dont pay as much taxes as you guys

@ToniBohni01 4 года назад

@@gaiac1979 alright, that might be true for the average (upper) middle class people, but too many people can't even afford going to university considering taking loans. That leads to massive inequality. And I know this is not a rational argument, but: everyone all over Europe sees America as a country that is so far behind in its development that your country is used as negative examples all the time, be it in the news or in university... That's not because of anti American propaganda, everyone is just wondering when the states will finally wake up and do something to finally change for the better!

@jopiira 4 года назад

@@gaiac1979: We wont fight wars in another side of the world so taxes are close enought to each other. Imagine... me and my GF got child at daycare... 230 euros, that makes $240. You would pay much more

@Haru_Light 4 года назад

Yeah and then they wonder why people aren’t starting families or buying homes as much 🙄

@cute1988 4 года назад

@@gaiac1979 but you pay as much tips than any others

@InspireMe819 4 года назад

I paid my $45k student loan off in 5 years by living with my parents and taking a full time job that paid me $15 per hour.

@GiaDiamond4 4 года назад

TheBagBalm lucky you

@stephandden 4 года назад

That's very impressive given your income! I've been sharing videos of my debt repayment journey and I plan to knock out $45k in 2 years 😀

@InspireMe819 4 года назад

@Fajitahmed they have their own financial issues. the best they can do is give me a room and provide me food.

@jamesmyers6739 4 года назад

Some people do not have that luxury of living with their parents. So consider yourself lucky

@lemoncakesandmoonpies 4 года назад

Key words here are full time job and living with parents ot paying rent

@DonaldTrump2024FJB 4 года назад

7:03 So instead of choosing a different major that has higher paying jobs you would take an IVY league school which is more expensive thus more student debt. You seriously deserve every penny of that debt.

@Ovulations 3 года назад

I suppose that’s coming from a place of hopelessness, thinking that if she’d be miserable in debt anyway might as well have gone all in. At this point $150k in debt would really be no different than $300k because it’s impossible to pay back as long as there’s interest on the interest

@nerdylolly8202 2 года назад

What do you mean Ivy League is a lot less than most school if you come from a household with a lot less income. That’s only if you don’t then well- It’s pretty expensive

@Ovulations 2 года назад

Nerdy Lolly Ivy League schools, no matter your income or tax bracket, will *always* be more expensive community colleges, state schools, public schools, any university or college that is not Ivy League. Also tuition does not change for low income students. Their financial aid does. Huge difference

@nerdylolly8202 2 года назад

@@Ovulations l might be wrong, which I’m probably am dosent the Ivy League give a lot of financial aid sorry I didn’t say it the first time compared to State school if you meet the household income requirements which a lot of people don’t since they’re probably already coming from rich families?

@nerdylolly8202 2 года назад

@@Ovulations Sorry didn’t see you said community college too I was thinking more public universities but yeah community college is obviously less expensive and a really good plan to help save up I was thinking more public college.

@awangie 4 года назад

"They think that a higher education will turn into a higher paying job but they don't realize the consequences." I agree with you 100%. Spending thousands of dollars on your education does not mean you will get a higher paying job. Sometimes, going to a school that costs less will help you get the same job. Not everyone who spends thousands of dollars in school will turn rich.

@Me-hf4ii Год назад

But isn’t that a breech or contract? College is sold as a way to massively improve your income. If you take out loans because of their ability to increase your future earning, but there’s no guarantee they actually will - shouldn’t you get to “return” your degree if it turns out to be a dud? There’s no other industry that can sell a false bill of goods like this, and be GUARANTEED payment regardless of whether they actually deliver on their promises.

@lurex8957 4 года назад

We want more educative videos like this

@Faith-zt3pq 4 года назад

Agreed

@foford2010 4 года назад

RU-vid search Dave ramsey and subscribe.

@tmusa2002 2 года назад

Dave Ramsey is the guy to get you inspired and motivated about your finances.

@sobachka__ 4 года назад

The uk system seems so much better with payments of student loans being barely noticeable and scaling with income, and also being wiped when you reach 30 rather than whatever tf America do

@brh.1892 4 года назад

Uh I don't think student loans are wiped at 30 in the UK. It is true that payments are barely noticeable though.

@sobachka__ 4 года назад

Br H. I meant thirty years after graduating^^

@phantompage4304 4 года назад

@@brh.1892 you don't pay them either until you make a certain amount or you are unemployed or bankrupt

@Anna-ou7or 4 года назад

@@brh.1892 its when you hit 50.

@sturmbreakers7817 4 года назад

Charlie Richardson I don’t know why everyone acts like you can’t go to school for free.

@WorkdaySounds 4 года назад

I live in NYC and I had around 65k in student loan debt after grad school. I recently paid it all off, which was around 80k in 3.5 years. I was hired immediately after grad school, so I was able to have stable income right away. I am also extremely frugal. I live with my parents for $700/month, so I was able to save a few hundred every month had I lived alone or with a roommate. I don’t splurge on things I don’t need like manicures/pedicures, bags and shoes. I don’t eat out much, and even if I do, it’s usually under $20. I don’t smoke, drink alcohol and coffee, and do not own a car, so that helped a lot. I take the subway/bus, bike, or walk get to where I need to go (no Uber or cabs). I didn’t date either. I did travel somewhere once a year, whether it was Asia or somewhere in the US, but other than that, I aggressively paid off as much as I could paycheck to paycheck. My biggest hurdle was when I was let go from my job last year, and I was unemployed. I had lost my only source of income, and was probably depressed. I had enough savings to last 6 months, and luckily, I was able to take on a consulting job for even more money within 5 months. I worked hard and was able to transition into a full time position with a higher title and pays 60% more than my previous job. I ended up making more money in 2019 than I did in 2018 despite working 5 months less. As I am debt-free now, my lifestyle has not changed; I have no plans on spending money on things I do not need. I am now investing more into my 401k, finally opened a IRA account, considering investing in stocks when the market stabilizes a bit, and would like to buy my own home in a few years (or at least afford the down payment).

@rsrt6910 3 года назад

28yo not only ruined her own life by using the financial planning of a 5yo, but she makes a living signing other people up for the bad choices she herself made?!?! Is that what evil looks like?!?!

@zennyzenzen Год назад

SHE HELPS PEOPLE NEGOTIATE THEIR OWN LOANS. WATCH THE VIDEO

@rsrt6910 Год назад

@@zennyzenzen If I remember right, I think she was doing the equivalent of using a credit card to pay off the interest on another credit card and encouraging other people to do the same, which is absolutely horrible advice for anyone trying to get out of debt. Maybe you should have asked me about my comment two years ago when this video was fresh in my mind. (Helpful hint: Replying in all capitals doesn't help people remember things from two years ago)

@dreamergirlbaby 4 года назад

Thank god for community college 🥰

@michaelmentality 4 года назад

community college is a joke

@stuntxrain3467 4 года назад

@@michaelmentality did college rip you off?

@africalove2733 3 года назад

@@michaelmentality why?

@matthewsgauge 4 года назад

When I went to college, I never considered having to take out a loan. I am retired. Grew up in California. School is only good for all the teachers, not all the students. Trade school will return your investment.

@yaboijoel517 4 года назад

Trust me, paying as you go may seem hard, but it’s worth it.

@CrackberryMe 2 года назад

Facts

@mohamedosman2613 4 года назад

That 28 year old, she has not learned her lesson!!

@Isabella..hiogbo 3 года назад

I keep saying it but many won't understand the best way to avoid student loans is by finding an extra source of income while in school, many fail to know and end up in a big mess.

@kasperjammy374 3 года назад

No doubt, since I discussed online digital investing it has helped me even throughout my college days😎. PROUD TO BE AN INVESTOR

@ferdinandw.8038 3 года назад

When it comes to crypto option or cryptocurrency the lack of strategy is not really a problem the thing is finding one that is lucrative and suites you

@noellerylie513 3 года назад

It's really been a frustrating end for me so far. I keep trying my best every morning to make good money for myself, now seem impossible for me at all point, I feel maybe some are destined to be rich while some aren't😞

@lucasparker6464 3 года назад

The best way to go about the market this era is to invest in your knowledge of the financial markets and be tactical in your decision making. Because not all who claims to know, know it all.

@hannahevelyn9084 3 года назад

@@lucasparker6464 I really struggle Making it in the financial markets because I don't have a proper background

@xxvietbebe 4 года назад

My little sister is 18 and already knows she wants to be a surgeon for sure. Our uncle is a the Chief Orthopaedic Surgeon in hospital in Vietnam so she was able to have work experience and shadow the doctors there. She’s lucky she knew what’s she wants to be right out of high school

@dreamergirlbaby 4 года назад

I tell kids who wanna get in the medical field try getting a job at a hospital or retirement home for something “simple” and work your way yup. A lot of hospitals and retirement homes have tuition reimbursement that can help or they have problems that’ll help you get certified in things.

@NerdChaser 4 года назад

Don’t let pride talk you into debt. If you decide college is for you the trick is to do all your prerequisites at a community college, if not your whole undergrad degree. Don’t let loans be an option. Work while you go to school, look for scholarships/grants, do well in school and sometimes your school will give you academic scholarships. Don’t be discouraged when you realize it’s taking longer than normal for you to graduate because you have to take breaks in order to save enough money to pay for the next semester. Personally it took me twice as long to finish undergrad but I’m debt free and financially stable. 🙏🏽 Also, trade schools are a great option, so are straight up apprenticeships.

@annapalmer8295 4 года назад

As someone that lives in europe im ASTONISHED. I have no idea how someone can just get themselves in 100k debt when their around 18. People dont pay that back in 10 years? Wtf

@rubencaldeira6293 4 года назад

right?? omg!! I'm in portugal and we pay 3000€ for a degree lmao

@irrelevantjunior3722 4 года назад

I’m blessed to have a strict latin mother 😭 scholarships have saved me THOUSANDS

@rachelmanavi4819 4 года назад

What websites would u recommend? I’m trying to get some

@lbng6311 4 года назад

@@rachelmanavi4819 hope you get them!

@rachelmanavi4819 4 года назад

Josan Chickenwing thank you for the support!

@mmhnma 4 года назад

"I really didn't understand the magnitude of what taking out the money would mean." Same, financial aid officers encouraged my classmates and I to take out the loans not explaining the repercussions.

@randyjohnson2588 4 года назад

Community college is definitely a underrated route to take and minimize debt when going to a university.

@jasminewilliams8969 4 года назад

Going to a community college will save you a lot of money 🤷🏽‍♀️

@MyBloomingLife 3 года назад

sumrandumguy1 that won’t necessarily save you money tho lmao... it’ll just possibly make you more money

@yuliaaaaaaaaaaa 3 года назад

@@MyBloomingLife how will make you more money, u save a lot of money going to cc

@MyBloomingLife 3 года назад

@@yuliaaaaaaaaaaa I was replying to someone else’s comment, not to Jasmine’s. The person deleted their comment and I forgot what they said

@bliglum 3 года назад

Yes, going to community college does save a lot of money.. But the savvy sort that were smart enough to do that aren't here complaining are they? Nope, they're out living their lives, probably mostly debt free.. Only the folks who felt entitled to full degrees exclusively at the most pretentious and expensive universities, while staying at the swankiest dorms, are here with the sob stories. Expecting the smart and savvy people to pick up the tab for their incompetence. Funny that..

@simon6495 3 года назад

I really feel like these people were just not paying attention until it went wrong.

@eleanorrichmond9940 4 года назад

This makes me so grateful to live in Australia. My university costs me about $9000 a year and you can get that all from the government. There is no interest charged and you only have to start paying it back once you have a job in which you earn over $55000. I simply cannot imagine having that much in student debt.

@Ufu4847 Год назад

I live in the Netherlands and I only paid $2.000,- a year in tuition. $9.000,- a year is still a lot but that is because of me being Dutch.

@chrisg1499 4 года назад

Went to a 2 year school, then a state university, and graduated with no loans. Worked part time during it all and saved up money. Even got paid to study abroad and become fluent in Mandarin. 牛逼嘛 😁 Don't assume that loans and a fabricated "dream school" are your only option！

@weluvvenus5880 4 года назад

高达Chris how do u get paid to study abroad ? 👀

@chrisg1499 4 года назад

@@weluvvenus5880 Look into Chinese government scholarships. You can get paid to study Mandarin (free tuition and housing, and some with a monthly stipend), and then probably test out of several Chinese courses at your home institution. Of course, during the pandemic, it's all on pause.

@weluvvenus5880 4 года назад

高达Chris thanks for the info!

@isaiah1931 4 года назад

高达Chris Nice! If you don’t mind me asking, what was your major? I’m currently an engineering major but I’ve traveled on scholarships before and I’d love to learn Mandarin and travel like you did.

@chrisg1499 4 года назад

@@isaiah1931 I was leaning toward "Professional Writing," but after exchange semester in China, I switched to Mandarin. I think the language school scholarships don't reject students based on their major, though.

@JoseCruzTV1 4 года назад

It’s sad that wanting a better life requires such a financial burden. Most low income families can not afford tuition so of course they’re going to take loans. Why do other countries have free college but not the U.S.A smhhh!!!

@stressed2302 4 года назад

Jose Cruz I mean if you do really well in high school you can go on a free ride to your dream school

@e.tm.a4056 4 года назад

Stre Ssed it’s not that easy to do really well in high school if you are in a low income family. It’s especially difficult if you go to a good school where you have to compete with other students who have better recourses than you do. It’s not as easy as doing well in High-School

@isaaca280 4 года назад

Because people don't want to pay for kids to skip class and party all night and fail classes. Also there is countless people working jobs who graduated from a university only to get a job that needs no degree whatsoever.

@MrTmenzo 4 года назад

Derp. Low income families qualify for Pell grants while middle class folks rarely do. Most poor kids can get free full rides.

@Pcarnevaaa 4 года назад

Low income? I would include middle income families that make under 100k with more than 2 kids is unaffordable.

@dds3538 4 года назад

In the middle east college education is for free, also you get a monthly rewards in Kuwait it’s 650$ ,Saudi Arabia 250 , Qatar 1650~2500 (according to the Academic specialization ), there is also other rewards for A students

@recoil53 4 года назад

In the US, since the 70's the trend has been for people to be more likely to vote Democrat when their education goes up. Therefore there have been cuts (in terms of real dollars) to education.

@lurex8957 4 года назад

That's why most of scientists and researchers are from the US in the US u pay for quality education and the degree that u get is worldwide approved unlike the one that you get in free education countries

@Ace-mo9bq 4 года назад

And in the Middle East if you’re a women you get your clit cut off

@recoil53 4 года назад

@@lurex8957 Nobody thinks Edinburgh is a bad university, nor those in Germany. This really shows your lack of knowledge more than anything.

@leinaelgazali80 4 года назад

Im in Dubai, it is definitely not for free. If you are a national of a country in the middle east, and you attend a public university, then yes. Please include all the right information instead of deterring people.

@olivergroning6421 3 года назад

I studied physics in Switzerland up the PhD (Dr. rer. nat.). I would estimate the total costs of my education at about 400'000 $ (120'000 for the Masters and 280'000 for the PhD). I paid 3'500$ in fees the rest was paid by the tax payer. Today my taxes finance other students, just like I was financed back when.

@conbatengineer 4 года назад

$150k in debt wasn't bad when you all were sipping on those Starbucks lattes, living on brand-new apartment, eating out every night, and studying abroad during the summer

@wanilimbe 3 года назад

Don’t forget the liquor for frat parties

@MrTmenzo 3 года назад

Bingo they don't learn

@bliglum 3 года назад

EXACTLY! They want us all to pick up the tab for their 4 year college parties. FUDGE THAAT!

@Ovulations 3 года назад

bliglum actually the government wants you to help them pay back the interest. A lot of people have already paid back what they borrowed, it’s the interest that keeps you trapped. It Really should be more regulated. Interest on top of interest shouldn’t even exist, it doesn’t actually benefit anyone

@bliglum 3 года назад

@@Ovulations But that almost goes without saying, par for the course. Everyone knows that if you want to borrow a lot of money, you're going to need to pay some interest for the privilege. And of course it benefits someone, it benefits the lender!

@JL-jf9md 3 года назад

'surprise~ you only had a full ride for your 1st semester.' How about: I didn't read the terms of the scholarship,, even though i was clearly educated enough to be accepted into a grad school and oh btw, i've already had an experience taking out $18K for my undergrad.'

@phoenix78240 4 года назад

I've always wondered who has the highest amount borrowed? And would they be in the Guinness book of record?

@eddiegaldamez664 3 года назад

There are people who owe more than $1 million in student loans.

@user-wz3sf7zb3s 3 года назад

@@eddiegaldamez664 that is terrifying to think about. how do you even accumulate that much debt? didn't know it was possible.

@sufferendless Год назад

Moral of the story: You dodged a bullet choosing community college or working right out of high school 👍🏾

@Josh_H 4 года назад

Its crazy when you get a degree most jobs, want you to have 4-5 years of experience before they consider hiring you.

@user-jv3zw1gf4w 4 года назад

The 18 year old girl surprised me. She seems very mature for her age

@TheTruthContestt 4 года назад

••ѕтяαωвєяяу•• she seems mature? She screwing her life up with immense student loans at the young age of 18. That doesn’t seem mature to me.

@user-jv3zw1gf4w 4 года назад

@@TheTruthContestt I'm referring to her speech and mannerisms.

@AceYodA 4 года назад

"Dream school" and paying of after 5 years, she is a joke and act like other women around the world, she doesn't know what she want out of live and she will end up poor like the other 2 it is her future.

@elenajohnston9713 4 года назад

@@AceYodAI 'm 18 and headed to college this year. It is not her fault at all. Even my local state school was too expensive without the federal loans and I come from a typical middle class household, Scholarships are incredibly competitive and schools are way to expensive. I got 40k a year in scholarships and still have to take out the 5.5k. She seems like she has a plan in place and is trying her hardest. College is more competitive and more expensive than it ever has been. She is not screwing up her life, the schools and government and screwing us and we are trying our best. Please do not judge her when we do not know her situation. She seems to be sensible and educated, as is most of kids in college now. Dream schools are also not everything but going to a well respected school can help you in the future. Plus, it is important to remember that college is also about academics and experiences. This school may have just been a better fit for her. The dream school rhetoric may have been poor but still don't be rude when you don't know. To get into a school of the caliber she suggests, you have to be a very hard worker so I doubt she will end up poor. The issue isn't that she is making poor choices but that se (and most students) must choose between perfect finances or getting a good education. If you pay student loans correctly, it can boost your credit. If she is already paying $100 a month and is only taking out 5.5k, she will be in very good shape. We need to work on improving the education system not tearing down people for simply getting an education.

@BossyCK12 4 года назад

She is, and there is more info about loans now than years ago when the others went.

@haggersa21 4 года назад

student loans are a scam (ive got a ton) but these 2 spending 6 figures on grad school and then not even getting jobs that can make minimum payments is uh...questionable

@ki6eki 4 года назад

DO NOT TAKE OUT STUDENT LOANS

@jeaninemonet3845 4 года назад

It's an endless cycle, you think your degree will be worth something and then you get out in the real world and your home, working a Full-time job, part time and side hustle and 130k in student loans ..story of my life.

@MelissaLona 2 года назад

I know people say you took out the loan so pay it and you shouldn’t get a break. But I can tell you from experience in my senior year of high school in NY. Everyone applied to private schools like NYU, Columbia, Fordham, PACE, and everyone was ok with the loans because we all were certain we would get a degree and make a lot of money. That’s what was constantly told to us growing up. To make a lot of money, you have to get a degree and the better the school, the better the career. We were 17 and it’s not even funny how misinformed we were. Unfortunately, our uneducated parents didn’t know either because they bought that story too. As an adult today, I can truly say that a 17 year old has no business agreeing to loans of that size. They had no clue what they were doing. None of us even owned a credit card with a $200 limit yet we were taking out loans for thousands of dollars. SMH. Thankfully I went to CUNY and paid most of my tuition out of pocket but so many of my friends are stuck with loans upward of $60k or more. Some only make $60k a year. The information out today was not available then. I didn’t even know what predatory lending was until after college. SMH

@filmswithpurposestudios6860 2 года назад

Melissa thanks for sharing your story.

@annieyangfinancial 8 месяцев назад

I agree. I went to Brooklyn Tech and understand the pressure you’re talking about.

@riftwalk2546 3 года назад

this is the reason why i tell people to give yourself 1-2 years after high school to get a job and work there before making a mistake and going to college and not knowing what you want for your adulthood. I am a 23 year old man making 90K a year without a college degree.

@khalidmohamud1537 3 года назад

Damn what ur job

@ndak7377 2 года назад

Bro what do u do for living?

@attackonpiano8484 2 года назад

Damn wish I saw this when you posted this comment :/

@riftwalk2546 2 года назад

@@attackonpiano8484 for everyone wondering i do I.T. for a insurances company

@TC-cd5sm 4 года назад

"So it is nerve wracking. But I'm hoping that within 10 years, I'll figure out how to get it all forgiven." Delusional.

@OccultNoir 3 года назад

Watched my friends go to university and party every weekend. Went to community College, worked full time, and owed $2,400 after my bachelor's. My first year at my job made

@asmrfoodbank4159 2 года назад

Dating in 2021: so what’s your credit score and do u have any student loan debt?

@aronortiz2136 2 года назад

Unless your studying to become a Nurse/ Doctor/ or Software engineer, then just avoid college and get marketable skills from work experience

@tiyaruffin6594 4 года назад

This video is so so so important! I am a college student and all I had to do to get a loan was send an email to the office at my school and it was in my account in 3 days. Make sure you guys know what you’re doing!!!

@halotubb1110 2 года назад

It should be mandatory that schools must first give students a total of how much they will owe when they are completed, and how long it will take to pay off

@oneyoutubehandle 4 года назад

If you are reading this, I hope you have the best day, you deserve it 🙂

@kaygoody2323 4 года назад

Catherine Komp thanks 😊

@kaygoody2323 4 года назад

Bless you

@EuniceCChina 4 года назад

It was my mom's birthday and we had a nice little celebration (in quarantine, of course)! Thank you 😊

@afroxfairyxxx8382 3 года назад

God bless you

@mrmaxwell346 3 года назад

Thank you man im actually really scared of going to college.

@hustlehard4L 4 года назад

We gotta add this to the HS for all students to talk about it

@ukrd94 3 года назад

I am 26. Pursuing a bachelors. Completing my associate in arts this semester at the community college. Then transferring out to an in state college My Accounting Bachelors will cost me around 45k. All self funded, while working full time.

@bliglum 3 года назад

That's good, you were savvy and smart.. The irresponsible students appreciate your efforts, because their loans aren't going to pay themselves!!! Work harder so your tax dollars can fund their bailout sooner!

@FirstLast-ur6xt 2 года назад

Make sure that degree is worth it

@damianrodriguez5907 3 года назад

I decided to drop out of my first year college and started a trucking business. Now I make 123k a year and I have no debt. School is not mandatory for life

@jeremyt820 3 года назад

I also dropped out as well, started my crypto trading company and I have put in over $60k into digital currency with a 200% profit annually, what state are you from ?

@junipersr 4 года назад

Student loans in a nutshell: Government: we need you to get good jobs but you have to pay yourself! Schools: one textbook is a bajillion dollars! Parents: start saving! Student: applies for every scholarship ever.

@TurquoiseLove7 4 года назад

Everyone from a country with free or almost free education: MURICA WTF

@user-ym9sx6jt8m 4 года назад

education isn't free. It's paid for by taxpayers

@cbl6520 4 года назад

Johanna everyone from countries that pay half their income in taxes for “free” college, graduate and move into a career making barely more than they made before going to college thanks to a progressive income tax that punishes success, but hey, it’s “free”. Americans be like “EUROPE WTF?”

@ilhanyusuf2160 4 года назад

Chris Lewis still is absurdly expensive in the states.

@mil2915 4 года назад

well it is not free for everyone. top students only pay to take exams, while students that arent as good pay around $1k per year depending on the school. loans are a thing but you dont have to pay them back if your average grade is above 8.50 i think (the biggest being 10)

@clary98 4 года назад

Mine, well, kinda free. You still have to pay it

@b.t.266 4 года назад

This makes me feel so much better about my loans. Going to do the debt snowball method and get them paid off within the next year or two, then never, ever choose get in debt again. Student loans are evil. Never again.

@HoneyDubey23 4 года назад

Debt = Living a miserable life & being owned by someone else. They have to own you to make money. Its so evil.

@Foomanlol 4 года назад

Not if you actually did something useful with that debt. Do you expect to borrow money for free? I loaned money to start my business. Now I have a sustaining business in something that I enjoy. I am thankful to the bank that approved my loan. Without it my life would really be hell.

@HoneyDubey23 4 года назад

Foomanlol Not everyone can get a loan & yes people get loans all the time for school,houses, businesses but look at the reality now. Many businesses wont survive but the banks will definitely get a great bail out. Its just unfair & miserable to live a life of debt. 🙏🏼❤️

@lilpeaceacrap 3 года назад

Then don't be irresponsible and take on debt you can't afford to pay back

@mollymcglynn3153 4 года назад

We don’t need loan education we need different systems. Knowing how loans work won’t give you a refund when you think you have a full ride and it gets taken away at semester

@AnnaMazingFusion 4 года назад

I’m honestly so grateful for having a family that can help me afford college. I go to a public university and I couldn’t be happier. I do have student loans, but there’s a huge difference between having a family supporting you a little bit financially and attending public uni or your local community college. We often fall in love with these private universities but I personally could never risk my sanity and financial stability just for a fancy school. My family always told me that it’s not the university that makes you outstanding, it is YOU and the opportunities that you take while doing your degree - no matter if you go to community college or Harvard.

@chunguss180 3 года назад

Thank god i didn't go to college yet. I graduated 2017. Worked for 4 years in 4 different states (New Mexico, Arizona, Utah and Alaska). Now 21, Joining the Navy and earning my BS degree in electrical engineering and computer science. Then using the GI bill for my Masters. Sounds like a good plan.

@archiebrulet2284 4 года назад

If you started school after 2010 you really have no excuse about not knowing about the dangers of these loans. There are so many videos, blogs and posts made from people who went. Personal responsibility has to come into play

@gabrielacarolina_ 4 года назад

Not sure how at 18 you would never be able to get a mortgage and in most cases even a car loan, but yeah, here's an easy 100k.... Tf

@fakename7423 4 года назад

Gabriela Carolina, if you make a lot of money at 18 you could

@henrymccomments 4 года назад

You can default on car loan File bankruptcy on credit card debt Foreclose on a house You can NEVER escape student loans

@Tina-by5xx 4 года назад

i feel bad for all the people who just wanted to learn and go to school. School shouldnt be so damn expensive!! where i live im so lucky to go to school for free, and i will never take it for granted

@Ax9005 4 года назад

Student loans are made by private institutions but guaranteed by the govt. there is no reason for prudent lending. If students default, the govt. starts taking it directly out of their earnings. bankruptcy will not make the loans go away. Make the loans conventional so if student declare bankruptcy, the loans go away like regular loans. You’ll see more prudent lending, colleges will lower their prices and student debt will become manageable.

@aliyudanboyi6453 4 года назад

TuxPad hey there, reach out to ray_consult on Instagram he helped me get a loan he also helped my friends too acquire theirs too easily, his a pro you should check him out if your needing help.

@edgehodl4832 3 года назад

As an engineer, I don't consider people who have liberal arts degree or arts degree or any other easy fake azz degree, as college educated. Sorry, ur zero effort major does not make u college educated

@yaya14every81 4 года назад

I think if a person doesn’t know what they want to do in life, just going to school without a purpose is wrong. Take a gap (2 or 3 years) and then when you’re ready take as many classes as possible at a community college and then transfer. I also remember I had loads of support with my loan agency and they told me in absolute term my minimum payment amount needed to be to pay off the principle and interest. (So at first I worked jobs I hated because I needed to pay off that minimum. I also took the bus everywhere and lived at home for 2 years.) I also met a guy who became a welder right after high school. Then when he went back to University he had really minimal loans ‘cause on weekends and in the summer he’d make a ton of money.