This is the Ramsey Call of the Day, part of the Ramsey Network.

Joining me today is Ramsey personality Anthony O'Neill.

So Anthony, you have spoken now all over America many, many times, and certainly on this show many times,

about this idea of how to pay for college, paying cash for college. Is college still a good

idea? All of these kinds of things. Because of this ridiculous epic student loan debacle that our idiot congress continues to fund with your

money and my money and it's an obvious failure it's an obvious blight on the american people and yet

they continue to do this to the american people uh and and yet walk around talk about forgiving loans but

keep making them.

Right, right.

So something's wrong with that.

But, you know, this idea of paying for kids college, it's something that families that are

building wealth always want to look at.

Yeah.

Yeah.

And here's the reason why, Dave, is because it's preventing our families from actually building

wealth if they are racking up student loan debt.

Prime example, the average student would graduate about $38,000 in student loan debt.

But then Dave, when we go deeper, a 50 of these young people will graduate with $100,000, $200,000

or more in student loan debt.

So a recent survey came out and found out that when these young people graduate, they're

going back home.

And 31% of them delay moving out of their parents' house because they have student loan debt.

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