meta_pixel
Tapesearch Logo
Log in
The Ramsey Show Highlights

I Took Out $135,000 in Student Loans in Order To Survive

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 12 February 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

📈 Are you on track with the Baby Steps? Get a Free Personalized Plan Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 💵 Start your free budget today. Download the EveryDollar app! 🏘️ Free Tools & Resources to Reach Your Home Goals - https://ter.li/yib9sw 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show  🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership 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

Brought to you by the Every Dollar app.

0:04.3

Start budgeting for free today.

0:06.6

So I am wanting a great startup advice on how to start paying off my student loans.

0:16.5

I am 25 years old and I am on the end of my road to become a licensed therapist.

0:24.2

And during between the ages of 21 to 23, there was a lot of struggles, unfortunately,

0:31.0

to where to the point I was possibly stealing food, a risk of homelessness.

0:36.2

And when I have found out about refund checks, I was accepting

0:41.0

multiple loans just to live off of those refund checks from ranging of $4,000 to about $7,000.

0:49.1

And now being 25, I have about $135,000 in student debts.

0:56.0

I'm not out of college or graduate school yet, but I'm wanting to go ahead and start tackling

1:02.0

this.

1:03.0

Hmm.

1:04.0

Yeah, that was a real common thing.

1:07.0

I used to see, they've kind of curbed it over the last few years but there used to be lines of students that come out

1:12.7

and register for classes

1:13.9

get the loan check and then cancel their classes

1:16.7

and it would just float them to the next semester

1:18.7

and then float to the next semester.

1:22.4

So here's the crummy part. You're not going to like our answer.

1:28.2

You're going to have to work really hard and make a whole bunch of money and pay that stuff off.

1:33.5

Okay.

1:34.1

There's not, I mean, I know that sounds so annoying.

...

Please login to see the full transcript.

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.

Copyright © Tapesearch 2025.