I'm 59 with $258k in Student Loans

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 26 May 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Ramsey Call of the Day 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 five days a week. 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	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:11.0	Loranda is with us in Roanoke, Virginia.
0:14.3	Hi, La Rhonda.
0:15.0	Welcome to the Ramsey Show.
0:16.5	Thank you very much.
0:17.7	How can we help?
0:18.8	Yes.
0:19.4	I'm currently working two jobs to try to make ends meet.
0:22.4	However, I'm 59 years old, and my credit report shows that I owe $258,000 in student loans.
0:30.2	Is there any way I can make that go away?
0:33.4	Good Lord.
0:35.2	You're 58?
0:37.1	I'm 59.
0:39.1	What did you study and when?
0:42.4	Well, actually, I have three degrees, and with parents and students going to college, they make the parents do the parent plus loans and pay for them.
0:50.8	Make? Hold on. You said they make them?
0:53.6	My son wasn't able to get the tuition
0:55.5	for his classes and I had to do parent plus loans the whole four years for him. Yeah, or not go to
1:02.1	that school. Okay. So you did. Yeah. So what is your household income? Uh, my regular job is like
1:10.5	$60,000 a year.
1:11.5	I have a mortgage.
1:12.4	And you've got three degrees in what?
	...

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.