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The Ramsey Show Highlights

Why You Can't Blame Your Way to a Better Life

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5839 Ratings

🗓️ 14 February 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

💵 EveryDollar - The simplest way to budget for your life! 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! 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money plan! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 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

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0:00.0

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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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