If your private student loans are in default, you're not out of options.

Go to YREFI.com slash Ramsey.

I have a situation.

My daughter is getting ready to graduate from high school.

She has an educational IRA that grandparents have been giving her money ever since she was a baby. So we have that.

We have about $30,000 in that. She was also gifted some about 15,000, about four years ago.

And I'm not exactly sure when, but her dad encouraged her to invest some, take some of that money and invest it in silver.

He is under the impression that it is going to go to $300 and out.

What kind of insider knowledge does he have?

I think only God himself knows that information.

Yeah, I keep asking those questions, and it's maybe conspiracy theory type stuff.

He is very confident in his assertions, and hence my struggle with trying to get her to say,

well, yeah, you probably have made some money recently in silver, but it's time to pull it out and put into something less volatile.

Like take advantage of what you've earned and like put it into something that you're not going to lose on.

And he wants her to hold it on hold onto it for the big win. And I'm seeing,

like, it could also be the big lose. So I'm so sad, I would be sad for her to lose any gains that

she's had. And I'm not confident in, like, going up against all his knowledge and trying to

advise her. I think that's a very generous word you used for his confidence. Yeah, it's a strong opinion. I may be hearing something and I wouldn't call it knowledge. I think that's a very generous word you used for his.

Yeah, it's a strong opinion. I may be hearing something and I may not. Are you two married?

We're in the middle of divorce. Okay. The way you were talking about it, okay, that makes sense,

number one. And so that makes us trickier because now it's a splintered situation. Who knows what she's feeling? I don't know if she's taking sides. So this is a little trickier, George. Yeah, there's a lot of emotion and baggage behind it because if she takes his side, it feels like, oh, you're choosing now one parent over the other. Because you have different advice. And because you're not the quote unquote financial guru, you feel like you don't even have a voice in this conversation.

Pretty much. Right? Yes.

...