brought to you by the every dollar app start budgeting for free today there's been so many

different narratives going around well maybe the government will come you know forgive them maybe

that'll be the way out maybe some legislation will be passed and there'll be caps put in place

maybe they should stop making the loans all together and so there's a lot of a lot of thought and a lot of

different opinions about this. But Yahoo Finance published an article that said, the U.S.

government's biggest financial asset, John, is student loan debt. I'm going to say that again.

The U.S. government's biggest financial asset is student loan debt. I'm going to say that again. The U.S. government's biggest financial asset is student loan debt, and I mean big time, like over $1.1 trillion. It says the value of

federally backed student loans held by the government has risen by more than a thousand percent

since the last recession and now tops at one point one trillion

and if you're watching on youtube you can look at this graph here student loans make up 45 percent

45 percent it says we hear a lot about government debt but what we don't hear about our government

assets and so we're looking at this. And the Federal Reserve's financial account data

found that the student loans make up the largest financial asset

held by the federal government by a huge margin.

So I say all that to say, if we're waiting around

for the government to do something in the way of maybe not making loans, maybe forgiving your

loans, anything that's going to cause this to not be an asset. I think that we're going to be

waiting until the cows come home is basically what I'm saying. Hell is basically going to have

to freeze over before that takes place. And then, and I'm saying that because here's, I want to light a fear under people's

butt right now, a fire and a fear to go, hey, I can't just be willy-nilly about this.

Like I can't lolly gag with my student loans any longer.

I've got to come up with a plan to pay them off because.

...