ONE MILLION DOLLARS IN STUDENT LOANS!? (REACTION)
Channel: Shane Hummus
Date: 2020-07-22

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My reaction to Dave Ramsey's video on student loans with a recent graduate that's $1,000,000 in student loan debt

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Student loans explained simply are the loans that are routinely taken out in order to attend college.  The average student is now graduating with nearly $40,000 in student loan debt.  This is a huge issue and it's only getting worse as student loans are now over 1.7 trillion dollars, much more than even credit card debt.

In this video we will talk about the situation of the recent graduate, then I will talk about different options for paying off student loans such as consolidation, student loan refinancing, PAYE, and REPAYE, all strategies to pay off the student debt.

Enjoy!

These videos are for entertainment purposes only and they are just my opinion based off of my own life experience and the research that I've done. I am not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Shane might have an ownership interest in them. Affiliate links may be present, the offers and numbers presented may change over time so please make sure to confirm that the offer is still valid.  Some offers mentioned may no longer be available or they have been changed.  Please don’t make buying or selling decisions based on Shane’s videos. If you need such advice, please contact the qualified legal or financial professionals, don't just trust the opinion of a stranger on the internet and always make sure to do your own research and enjoy this family friendly content.  

Sources and further readings for jobs and college degrees:
bls.gov(bureau of labor statistics)
nces.ed.gov(national center for educational statistics)
payscale(provides information on jobs and degrees)
https://www.youtube.com/watch?v=rNORf-ds6ko