There’s a massive student loan crisis in America. Millions have found themselves buried beneath a mountain of debt. This podcast series explores the lies we believe about college and digs into the soaring cost of tuition and the predatory nature of the student loan industry. Listen and subscribe to learn how to pay for college without debt or know if college is even the right choice for you. More at www.BorrowedFuture.com.
Own Your Future: A Life Without Student Loan Debt
In this must-listen season finale, we take a look at practical things students can do to graduate from college debt free. You’ll hear the surprising truth about how working through college affects your grades, how budgeting can improve your college experience and protect your future, and the best-kept secrets on how to save money on meal plans, living expenses, and textbooks. Will you borrow against your future in the form of student loans, or will you own it?
How to Pay For College Without Student Loans
No matter how much or how little money you have, it is possible to pay for college without student loans. And it all starts with changing your mindset. In this episode of Borrowed Future, you’ll hear from college guidance counselors as they explain how to find good, affordable schools and apply for the billions of dollars in unclaimed scholarships. You’ll also hear from Dave Ramsey, Mark Cuban, and Rachel Cruze explain how student loan debt can delay major life events.
Don’t Bank on Student Loan Forgiveness
Less than 1% of applicants get their college debt forgiven, so the current student loan forgiveness program is an epic failure. Politicians are making big promises on how they will forgive student loans, but where will that 2 trillion dollars come from? According to Dave Ramsey, Seth Frotman, Seth Godin, Mark Cuban and others, there’s no magic bullet to solve this crisis.
Sallie Mae is Not Your Friend
When it comes to the student loan debt crisis, there’s a lot of blame to go around. In this episode we’ll take a look at the history of the government-backed student loan industry, how Sallie Mae became a player, and how student loans have led to soaring college costs. You’ll also hear how double-digit interest rates, subprime loans and large student loan repayments have led millions of borrowers into default and forbearance.
How Student Loans Ruined My Life
Student loan debt is ruining people’s lives. In this episode, you’ll hear the heartbreaking stories of real people who feel the crushing weight of student loan repayments. You’ll hear about the dark and predatory underbelly of the student loan industry and how compounding interest rates screw people over from Seth Frotman—the whistle blower who brought to light the predatory practices of the student loan industry. You’ll also hear from Dave Ramsey, Seth Godin, and Anthony ONeal.
What College Should You Go To? Avoiding the Traps of Higher Education
Are we lying to kids when we tell them they have to go to college to be successful? College is not for everyone and some people would be happier working jobs that don’t require a degree. College choices are often based on marketing that preys on emotions, causing students to pick a campus with a lazy river over the one they can actually afford. But when you pick a college for the wrong reasons and take out student loans to do it, you can be screwed.
Brutally Revealing and A Must Listen
From the moment I began to listen to the first episode, reality hit home and it’s just awful what these student loan predators do. I was excited to be one of the first in my family to go to college and actually finish. However, had I known the trap I’d be walking into, and the hole I’d be falling far down in; I would have done things so different. My first mistake was attending a private college, and the second was taking student loans out. I graduated, the Marine Corps paid for 50% of my student loans, my balance was $25k; and then fast forward 5 years and that student loan balance has grown to $75k due to interest. Truly devastating but through FPU I now have a plan that works. Looking forward to eliminating these predators from my life.
A must listen for parents and young people
Set your children up for success rather than crippling debt. Listen to this when you’ve got young children and develop and plan. Don’t wait until high school. Don’t fall into a trap that will prevent you from beginning a life after college. If you’re young adult with student loan debt, don’t feel like a failure. Listen to this podcast and come up with a plan to reduce and pay it off.
Must listen for all parents !
This podcast series is riveting and very well produced. The time invested learning about the dark side of student loan debt, the personal stories and the unfettered power of the student loan business can save innocent students a lifetime of grief.
There is NO such thing as “good debt”. To quote Albert Einstein.
“The 8th wonder of the world is compound interest, those who understand it profit, those who don’t, pay! “
Drop everything and listen!
Thank you Ramsey team for this awesome asset!
Chiara Perry debt free degree for me and my kids! Pass it on!