Exposing the Dark Side of Higher Education and Why Student Loans Could Be the Worst Decision for Your Child (DF#163)

Degree Free

Join us for an engaging episode where we discuss the challenges of student loan debt, book pre-orders, and the impact of government involvement.

We share our humorous anecdotes about shipping books and the importance of learning from mistakes.

What You’ll Learn:

- The discussion on the history of student loans, default rates, and the negative consequences of government involvement.
- The increase in student loan default rates due to government subsidies and amendments to the Higher Education Act.
- The financial burden on students, marketing tactics for unnecessary degrees, and the concept of student loan asset-backed securities.
- Comparison between the mortgage market and student loan market, emphasizing the legal implications and financial hardship of student loan debt.

Discover the impact of student loan policies, the risk of unnecessary degrees, and the advice to avoid student loan debt.

Stay tuned as we explore the long-term implications of these policies in the next episode.

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