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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

How can entrepreneurs solve the student loan crisis?

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 6 September 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Robert Kiyosaki and Laine Schoneberger discuss the student loan crisis and the role of entrepreneurs in finding solutions. They criticize the government's involvement in the student loan industry and highlight the burden of student loan debt. Schoneberger introduces his company, Yrēfy, which focuses on helping borrowers with private student loans in distress. He and Robert discuss the lack of bankruptcy provisions for student loans and the rising costs of education. Laine explain how Yrēfy offers refinancing options to provide relief for borrowers. He emphasizes the need for better solutions and shares testimonials from borrowers who have benefited from Yrēfy's services.

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Please read carefully.

This is not financial advice.

You may be asking, “what does that mean?”

Let me explain…

Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.


This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5712278/advertisement

Transcript

Click on a timestamp to play from that location

0:00.0

This is The Rich Dad Radio Show, the good news and bad news about money.

0:07.0

Here's Robert Kiyosaki.

0:09.0

Good morning, good morning.

0:10.0

Robert Kiyosaki, the Rich Dad Radio Show, the good news and bad news about money.

0:14.0

I'm joined with Kim, and today a very important guest here is Lane Shunberger.

0:19.0

He's been on our program before.

0:21.0

And let me give you a big picture of why we do this program.

0:24.0

Is many times entrepreneurs can solve problems that government cannot solve or government causes the problems.

0:34.0

An entrepreneur can solve the problem.

0:37.0

For example, like Twitter, you know, like Elon Musk went in there and solved that problem.

0:44.0

I thought that was pretty good.

0:46.0

A lot of people hate him for I don't know why, but anyway.

0:48.0

Entrepreneurs have a lot of power since they're not, they don't need a job.

0:52.0

And I think that's one of the biggest things I know is what people is there.

0:56.0

They're so afraid of losing their jobs.

0:58.0

They don't do what they have to do.

1:00.0

But again, we repeat, entrepreneurs have the power to oftentimes solve problems.

1:07.0

The government cannot solve or the government solves.

1:11.0

So today we're very happy to have Lane Shunberger.

1:14.0

His company is called YRIFI.

1:17.0

And for full disclosure, we make recommendations as to what you invest in.

1:24.0

You have to do your own due diligence.

...

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