Ramsey Solutions founder and CEO Dave Ramsey discusses America’s student loan and debt crisis on ‘Fox News Sunday.’
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Why would you ever listen to Fox. They lie and paid over $750 million for lying.
Crazy costs of college and loans being issued for useless degrees is the problem. It also doesn't help when parents essentially force their kids into college because it's "the thing to do"
I guess you're not truly an American if you don't go into debt????
Unlimited loans thrown at the higher education system equals no cost containment. Our health care system is the same way with insurance dollars thrown at a system with no cost containment from the providers.
These people like to think of themselves as the most intellectual, educated in our population but have now clue about interest or how to parlay their degree into a high paying job/business.
Their smugness is hilarious.
Well illegal immigrants are getting free tuition in IL.
Most degrees are a rip off.
Yup….I'm there when my daughter chooses her financial options for college. No loans, just grants
Get this the problem wouldn't be student loans if it was not for Democrats. Democrats over run the school systems both K-12 and College. Colleges have increased their tuition since the 1990s by around 150% over inflation. YES 150% above inflation. And colleges are nearly run entirely by Democrats. We wouldn't have the student loan problem today if not for DEMOCRATS because if they were not raising the price of tuition by 150% above inflation. We wouldn't have the student loan debt we do.
I was going to college but went to work instead. My wife did the college thing and we paid it off as fast as we could. She got a job out of it and make sure it isn’t a worthless degree that doesn’t pay back.
The problem is that interest rate keeps accruing which makes it very difficult to pay off student loan debt!
DAVEY davey. There are 17,000,000 more millennials then generation X in the US.
If you go by birth years stated in the "generationX; tales of an accelerated culture" book
You had to shove them into college/universities to keep the unemployment rate low.
Get a degree at a state school for 20,000 or pay 250,000 for the same degree at Harvard. Still gets the same job
I am a Dave Ramsey fan. My only thing is with limits to loans, it will result in students possibly not going schools such as medical school or law school in which only the rich will be able afford them.
Maybe have these student loans based on the degree itself and its return on investment potential to decide the limits.
The banks should be required to prove that the loans they made enabled job seekers to find better incomes, or they should forfeit the loan balances.
Stop financing liberal arts.. If the degree that you get is not math oriented, they should not give any student loans