The Oh, no. Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where we help people build wealth. the I am joined by fellow co-host author hosted the Rachel Cruz show my

co-host today Rachel Cruz. Rachel has been a little minute since we've been

on here together. I know since before 2023. That's right it was last year that's

crazy but give us a call the numbers triple 8 825 5225 we'd be honored to take your call in this new year. So let's go straight to the phone

lines where we've got Donovan in Atlanta, Georgia. What's going on Donovan?

Hey, so I have probably $50,000 in student debt and a rather another six or seven consumer debt split between a credit card and like a small car payment that we needed and I'm looking to go to

grad school for clinical mental health counseling but obviously I don't want to go further

into student debt to do that.

Right. So how would you recommend I do that while also doing the baby steps and trying to get out of death?

Well I do think that the first thought here is is going to grad school gonna have the

return on investment that you're looking for because it doesn't always so that'd

be the first thing that I'm thinking about. And then two, yeah, you don't

want to continue to go into debt. You already have 50,000 in student loan debt. So if you decide

that it does return on investment, what would it look like for you to pay your way and what does it actually cost?

Okay, yeah, so yeah.

Donovan, how old are you?

I'm 24 and I have a child and a wife.

Okay, wonderful.

And what are you doing now for work?

I work at a local college and like it gives me free

rent. Are you able to do the grad school program there and get a discount? I am but it's not accredited so it

would be it would be very low ROI versus getting to a different one. I hear you.

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