Don't Argue With This!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 1 November 2023

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's episode features Dave Ramsey & Jade Warshaw. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.2	Johnny is in Cincinnati.
0:07.7	Hey, Johnny, what's up?
0:09.6	Hey, Dave.
0:10.7	Not much.
0:12.4	A quick question for you about public service loan forgiveness
0:16.4	in my current student debt situation and mortgage situation.
0:22.5	So I have 96 payments on this public service loan forgiveness, with the goal being 120 for the program.
0:35.2	I kind of had that plan for since I graduated in 2014, didn't think too much about it,
0:42.7	had a bunch of life changes take place, and now I have almost enough to pay off the student
0:50.3	loans, and I'm considering paying those off now instead of waiting for the public
0:56.4	service loan forgiveness. Well, yeah. Yeah. Did you say you graduated in 2014? Correct. So this is
1:05.1	nine, almost 10 years of just, well, maybe they'll do it, 10 years of your life.
1:12.4	Yeah, pay them off.
1:12.9	Yeah.
1:14.2	Not to mention.
1:22.2	Johnny, so here's the situation that so far, 90, what is it, 97% of the loans that followed the student loan forgiveness program have not been forgiven.
1:26.2	They've only forgiven less than 3%. And so if you have a 97%
1:30.5	chance that your plan's not going to work. The reason I was...
1:37.4	Son, I just told you, three out of 100, Don't argue with this.
1:47.4	Three out of 100 it works for.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.