Why We, The Tax Payers, Are IDIOTS! - Dave Ramsey Rant 

for a lesbian dance theory degree

@@NguyenDuy-jd6sm 😂

Jeremy Cole Anyone who has a bank account and wants to make some extra cash text:+ 1 (518)547-4763

But let's be realistic here. Yes the student loan delinquency ratio is high. But if the government do not guarantee those student loans, no financial institutions are going to lend to these group of people. Not everybody has a rich mom and dad that can pay for their college education. That would deprive a lot of Americans from getting a college degree. Which is worse? I guess we ought to look at the big picture.

Don't worry, they'll be drinking once they find out loans don't equal free money 😂

Jeff Roberts that’s amazing! Congrats!

Jeff Roberts Congratulations!!!

Hey Jeff you must really be special to god for him to take time to send Mr. Ramsey your way. Meanwhile over two million children starve to death every year. How did you become so special to god? Religious beliefs are ignorant primitive superstition and nothing more.

@Randal Bystry wow, what a joy you are.

Yetizod1 Just telling others like is, no phony religious BS.

RAM Real Estate Investing can Graham be VP?

Because having a millionaire businessman as the president works out so well...

Claire Lubrano 😂👍🏻👍🏻

sorry too right-wing for me..

Not Dave. He'd be taking a serious pay cut, and would have to deal with idiots in Congress firsthand.

haha too late for that, the banks and the university already work together for PROFIT so that they can have as many slaves as they can

Putting elimination of student loans aside, I've heard Bernie on the campaign trail talking about making colleges tuition free (and public) as we already have for K - 12. Why we don't already have this kind of system is beyond me.

@@vivisimonvi Is he going to make the professors take a pay cut? Just get rid of the federal student loan program. Stop writing the loans.

But but that’s a blue collar job.

@@fcdl61 blue collar yes but I also dabbled in the maintenance control side of things and worked in an office. That also paid really well 👍

Can you post some information about that? I'm thinking of making a career change.

@@extraterrestrial6614 , My ex husband was an airplane mechanic, not making much, I can tell you that. A car mechanic is better.

@@fcdl61 Whats wrong with blue color careers?

At what age did you join? Are you planning on doing the 20 years?

PaintThinnerGang joined at 19 out of boredom to be honest. And so far I will stay in but I’m trying to retrain into a different career

@@creedbratton606 I've thinking of joining only for school and if I like it then do the 20 years and get another job after the service. Probably hard to do but... it's something that's always in the back of my mind

@@generalvanman8270 I'm in the same boat when it comes to the trade work. I'm currently a painter and I make around 48k a year but living in California that's living pay check to pay check. I live with my parents and have been saving about 1-3k depending on how much overtime I am allowed to do at my company. If I live by myself well I honestly wouldn't have anything left at the end of the month. I've been thinking military or union ibew. The ibew kind of has me hesitant only because some guys tell me that work can be good for a year then it'll be slow which can mean 3-6 months laid off maybe more

@@DaOriginalMurdah consider linework. Its more dangerous than inside wire work but in high demand abd pays more.

Demographics are destiny.

Believe me, if even 2% of the people out there complained to Congress about subsidizing student loans it would end tomorrow. The people are much more powerful than we realize. But the truth is 99.5% of the people out there could care less. They actually think it is a good thing that the Congress is backstopping loans.

@@hondah35 yes we can't complain to each other. We need to correct them directly

Joshua Tate is doubly tough because we now have a tuition problem as well. Easy student loan borrowing has inflated tuition. If we get rid of the loan problem, tuitions collapse and thousands of universities will be bankrupt. Problem on problems now

Joshua, the reason is cause the politicians are related. They are puppets for the Cabal. Please see the video on quantitative easing.

If it's "way up" you should still pay that 750 at least or way more. The interest is outrageous on that 24k! WWDD ( what would Dave do?)

Smart cookie working on it. Recently got married and my husband has credit card debt 😌 so we are working to pay that off first, then my loans. The interest rate on his credit card debt is way higher than my student loan debt.

Excel Detail thanks, that’s very sweet!

What's your household income?

Neil Kelley around 150 - 160k My husband just accepted a new job yesterday and I’m interviewing for a promotion so it’s kind of in flux, but increasing. Plus my side hustle is about a grand a month.

He makes way too much sense. They would shred him and destroy his personal life. To be a politician you need to make promises with other people's money.

@@goalie2998 He also makes more money - and honestly, to boot.

They would shut him down real fast

Problem is...we need 536 Dave's...not just 1

He does a more important and meaningful work on his show than in congress.

I think at the worst of the housing crisis default rate was still less than 12% and here we are at 25%.

So? Govt can garnish wages and social security.

JJaguars84 so far ....

Joshua, they can and do. Some people have wracked up soo much student loan debt that they ended up just leaving the country altogether.

@@JK20239 Built in slavery!

Very good comment Casey

Old enough to join the military and die for your country. Old enough to vote in elections. Old enough to know better than going into massive debt for no return. This is the result of poor parenting and a failed public education system which only serves to indoctrinate children on obedience to the state and that "going to college" is the only answer.

Napoleon Blownapart agreed

@Anthony LaMarche but government subsidies have raised the cost of education.

@@chrisludwig9783 How?

For # 2, the military might be a better option.

@PoopCoin Patrick It's indoctrination daycare, for adults.

@PoopCoin Patrick what?

I've never understood the odd fascination around college when I was in school. I remember going to the counselor in 12th grade and her asking which schools I wanted to applied to. I didn't want to apply to any. College was not in my future. I had no idea what I wanted to do other than be a writer. So I felt pressured to choose these schools and then finally at the end of it all just told her I really didn't want to do it and would figure it out later. I felt judged. Just crazy! I will never make my children feel like they have to go to college, and if they do, they must know what they want to do and be able to pay for their own loans.

@@anamecalledname The college system is cruel. A 17-19 year old kid is someone suppose to know what they want to do for the rest of their life and agree to an insane amount of loans/cost.

Matthew Edwards Grew up in Canada, sometimes I wish I had gone to college but didn’t...you can always find excuses. Money, support... I decided to go back to my birth country Switzerland at the age of 22 after completing a scam of an apprenticeship in Canada as a Baker. Worked in factories all my life with not that bad of pay but it was and still is hard work. My 4 children are all educated here and are finished or are in rolled in the apprenticeship program here. My son is in his 3 rd year training as IT specialist. One daughter is a hairdresser. In August my other daughter starts her training as a nurse. My youngest son will probably get into mechanical training. This all costs me practically nothing and the trainees even get paid a small salary. All will have jobs when finished.... I personally think it’s a fantastic system and never regret leaving Canada for the sake of my children having it better than what I had to go through.

Jose Echavarria Not concerned. I'm good.

Yea this isnt sustainable

Already screwing the taxpayers. 25% of student loans default and we’re on the hook for those 25%.

jack0451 student loans are non bankruptable so default or not - they aren’t going away for the borrower. Defaulting just adds more to the principal in fees and interest

minischnauze13 Nooooooo...... I never would have guessed any of that. I’m shocked. 😲 Tell me something I don’t know. I knew all that already.

Yep

too many chiefs not enough indians

This is one of the reasons why I am making the switch from democrats to republicans...

Yea the schools should be cheap or free tor everyone, no one advocating for forgiveness supports the current university system. Be honest with your arguments please.

@@Riggy931 and be constructive with your replies please.

@@weaponx100 so which evil politicians want to forgive loans and keep the system as is so people continue to fall into debt? It’s a real question. I might be direct with my questions but I’m not sure what’s not constructive about them. Idk what’s constructive about creating a strawman and then fighting that strawman, which is what Dave is doing and you’re supporting. So many people acknowledge the issue with expensive education and predatory lending but refuse to advocate for what will solve the issue. Other then hating on education, of course.

EXACTLY!

It is literally forced upon us at the point of a gun

We are being lazy. The French burned the capital and rioted in the streets when their govt raised the gas tax.

HelloGorgeous1 - exactly. Americans don’t have the guts to fight back

@@bodhi2932 Stop paying and go to jail. Wow this is straight up "legal" extortion.

I’ve heard they are funneling student loan payment money to make social security solvent, but this is just a wild conspiracy and I have no evidence. But then when you think about it the pieces of why really do fit...

Well that was a complete waste of time!

@@jamielotz If enough people complained, things could change. Every flood is made up of single drops of water. So be the drip we know you can be. 😂

Government subsidization of education IS a big issue. That's part of the reason costs are so high; if people were willing to pay 20k for Harvard, and government offered to pay half tuition, Harvard would just charge 40k because students were willing to pay 20k anyway.

@@owlblocksdavid4955 exactly. Government backing anything is a disaster since the institutions just see govt as a endless wallet. Now we are here where community college is 30k. All be it not so bad but not like it use to be.

Very true. It's all just people in positions of power stamping on everyone else. Dave is good but needs to develop more compassion for the average person.

Start with degree programs that are not worthless investments.

Lower administrative salaries by setting a cap on earnings to any university that accepts federal funding. No reason at all why any of these university presidents should be earning millions of dollars.

Anette I'm not running on debt. That's all that matters to me.

@@blackworldtraveler3711 You might not have debt but soon you'll have other peoples!

About time we return to the Gold standard.

Only mature students with paid off mortgages would qualify 😂

I agree, I would simply pay up to the in-state tuition, housing and the out of state premium the kid has to come up with. I don't think that is unreasonable.

S S it is unreasonable. You are essentially telling your child you’re ok with them taking out loans by funding part of it for them. It’s not unreasonable to you because it seems normal. But remember normal in America is usually stupid. Don’t be ok with your kids taking out loans for ANYTHING other than a house.

I told my wife I’d agree to pay for the local community college or the local university for our son. I told her he can live with us to save cost and that is what I’m willing to do. We have a rental property that we’ll sell to pay for his tuition and reinvest the difference.

Is it worth risking your financial security to spoil a child rotten at an indoctrination camp out of state? I'd wager "no"

It's unfortunate that you do not see the value of Education and programs that are not available to you that's why most of the population is so dumb. Education is an afterthought rather than the means to an end. If you have a dumb child it's probably not worth it to send them anywhere

Man, I've been trying to get into the tuba program, but it's so competitive. So many people are realizing what a solid investment it is.

But first you NEED to buy a $45,000 truck to haul that tuba around.

🤣🤣

I don’t think it’s fair to say that about ANYONE who’s 18. I keep circling back to this, but if our society stopped babying teenagers, we’d be so much more adjusted. Infantilization is associated with higher rates or psychopathology, such as mental illnesses.

That’s your opinion because to say that we can’t afford it is factually not true.

Yayy Areaa exactly the liberals and feminist have failed women!

And I'd like to know how many people do repay their student loan as agreed upon like I did. I made the most of my education and changed the trajectory of my children's lives. I took decent jobs at at more than minimum wage. I am not wealthy but my kids are 1%ers.

What did you go to school for?

@@Ghost-jy9hk computer science at NDSU

Toxic air that’s actually a really good idea 💡

Those poor southern states will wither away.

Yeah, because having a multimillionaire businessman for a president has workout out so well...

@@NotQuiteEpic at least this one has half a brain and wasn't born a multi-millionaire.

@@NotQuiteEpic Totally two different people.

A whole lot of 18 year olds don't know what they want, and even many who do change their minds when they see what that career actually involves. Figuring that out is an unavoidable aspect of coming of age. The thing is, people figure that out a whole lot faster in the real world making at least some money, than bopping around academia taking every 100 level class and going $50K or more in the hole to do so.

@@scarpfish Completely agree

I noticed that too and it really shows that it’s a cultural issue. People think student loans are so normal they don’t even consider just working and paying off school themselves.