Should I Wait For My Student Loans To Be Forgiven?

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5 • 840 Ratings

🗓️ 22 September 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.0	I have no knowledge of financial literacy at all and I'm in a space where I am really trying to get my life together.
0:12.0	So I am on baby step two, but I just have a general question about the amount of college debt I have and some concerns with that.
0:21.9	So I understand that you guys say to start off with the lowest up, the lowest amount
0:28.1	that you have first in debt and then to work your way up.
0:31.4	My college loans are $93,000.
0:36.3	And I know that after working for the government, after 10 years, these loans can be
0:39.6	forgiven. So I'm kind of confused on if that's something that I should be even paying like a lot of
0:45.0	attention to or if I should just say, okay, well, after 10 years, I'm going to be forgiven anyway.
0:48.9	I just don't know what to do with that.
0:51.7	Hoof. So, Selena, number one, I would say that I'm proud of you.
0:55.7	It is hard to turn and face the storm, and that's what you're doing.
0:59.0	Amazing.
0:59.5	Welcome to our gang or our cult, whatever you want to call it, whatever the internet's to call us.
1:04.2	We're glad that you're here.
1:05.3	It's amazing.
1:06.2	Thank you.
1:08.6	Can I ask you a wild question?
1:11.2	Sure.
1:12.3	Who was president 10 years ago?
1:16.0	Who was president 10 years ago?
1:17.7	My brain doesn't work that way.
	...

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