Why You Can't Blame Your Way to a Better Life
The Ramsey Show Highlights
Ramsey Network
4.5 • 839 Ratings
🗓️ 14 February 2024
⏱️ 9 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.5 | Jade, I saw a headline the other day and I didn't dive in. |
| 0:10.8 | Yeah. |
| 0:11.3 | But I know you have and I know you've got an opinion. |
| 0:13.6 | So I am seeing that now in our outrage culture, some student loan borrowers are going, I'm not going to pay. I'm going to |
| 0:23.8 | protest. Wow. Yeah. That's one thing to protest in the streets over a political candidate. I'm all |
| 0:28.8 | for that. Or some civil society problem. But this is not that. This is you borrow the money. |
| 0:35.9 | And now am I hearing this right? Am I reading the headline |
| 0:38.2 | right? Yeah. I mean, I think, listen, that's my take on it as well. Some student loan borrowers |
| 0:42.7 | are refusing to pay out of protest. The article says millions of borrowers with existing student |
| 0:47.8 | loans still have not made a payment since the bills resumed in October after a three-year |
| 0:53.6 | hiatus. |
| 0:54.8 | And some admit that they're refusing to pay for spite, like strictly out of protest. |
| 1:00.6 | In an Intelligent.com survey conducted this month, a thousand federal student loan borrowers. |
| 1:06.2 | 25% of those people said that they had not made any payments at all. |
| 1:09.7 | And 9% of that 25% said that they were holding off on paying their bills intentionally in an effort to |
| 1:16.0 | pressure the government into canceling their debt. That's going to work. Oh, man. 44 percent said |
| 1:22.1 | they believe their protests will lead to cancellation of some federal student loan debt, and 28% think that it is likely |
| 1:29.4 | that this boycott will convince the government to cancel all student loan debt. |
| 1:34.9 | You know, that's like me believing if I commit to leg day that I'll be able to dunk a basketball. |
| 1:39.0 | Listen, it's not going to happen. |
| 1:40.4 | I don't have the fast twitch. |
... |
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