How much are we talking? Probably close to like 200,000.

200,000 alone? You're 24 years old. How long do you think it'll take to pay those off?

Probably like 10, 12 years. You can do it in 10 years.

Yeah, exactly. Like 20 grand a year? Plus interest? Yeah, later on.

When's later? Probably like in the next five years. It's probably when I'll start like being able to really pay it off.

So we're talking 17 years from now.

How long time are you going to be an old man by then? Probably. How long do you think it'll take you to pay off your student loans?

I've been doing it for probably almost 15 to 20 years.

Oh my goodness. You've been paying it down your student loans for 20 years now.

Do you want to see it gone? I would love that. I would love it.

How about you? When will I pay them off? Yeah. But when I die.

That's comforting. So you're like, I'm going to pay off my student loan. It'll take forever? Yeah.

I'll just like pass it on to my kids. How about you? You guys student loans?

As a freelance artist. I think I'll keep paying it until you get to a certain age and then at that point it just disappears.

So you're going to rely on the government to hopefully just pay these off eventually? Hopefully, yeah.

Good luck.

From Ramsey Network, I'm George Campbell and this is Barrowed Future.

A podcast series exploring the $1.6 trillion student loan debt crisis and the impact it's having on real people.

In this episode, we'll talk about how we got into the student loan debt crisis in the first place and the predatory practices that keep borrowers in debt.

Anthony O'Neill, author of the bestselling book, debt free degree, describes how we got here.

Back in the 1960s, banks were not even considering giving students loans because they were a high risk borrowers. Clearly they were. They were 17, 18, 19 years old.

And so it was hard for young people to get money to go to college. But then in 1965, the government, you and I, taxpayers, guaranteed to sue the loans.

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