She didn't spend it on school. She spent it on living on campus, campus food, probably a new car, etc. Knew a lot of people who took out way extra and just didn't work and spent it all. She didn't make a bad school decision - she made a bad everything decision.
Had the same debt. No life and just worked 3 jobs. They can do it too My co-worker said I was out of my mind, but now I'm just out of student loan and consumer debt.
@jamisonmunn9215 congratulations. Be proud thst you achieved what most people think is unattainable. It's a wonderful feeling. The process getting to that point isn't fun. But it's worth it in the end
@@YoPhocFays a lot more people can do it. College just needs to become something you do after you work and save for some years and really decide what you want to do.
I retired early at 61 as a maintenance supervisor. I got an associate degree at the local community college. My employer paid for the credit hours as long as i maintained a 3.0 gpa. I left school with no debt and my income was 100K per year. If someone is willing to work in the trades, a good honest comfortable living can be made. Retired early, no debt. Thanks be to God!
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Two kinds of calls on this show: 1) Hi Dave, we’re $400k deep in student loan debt and we make $35k/year. Can we buy a $150k RV to go along with the $500k house we just took a mortgage out on? 😅 2) Hi Dave, we make $700k/year. Can we afford the guac when we go to Chipotle? 😂
One of my relative is rich but thinks spending $4 at starbucks is expensive, hence makes his own coffee everyday, versus my friend i know who makes it by on an average salary but blows money off on starbucks and eating out. Rich people truly understand value of money, that's why they are rich!
Also, once in a while, the callers who need their ego massaged. "We are 60 years old and have 52 million in our retirement accounts, can we afford to retire?".
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I worked for a PT recruitment company and we went to one of the expensive colleges in Wisconsin to do mock interviews for the students. I can’t tell you how many sat there and cried because of their pending loans.
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As a physical therapist currently making 115k in NYC with side hustles and paying off 150k, 125k since meeting Dave and 75K during Covid alone it can be done. Sacrifice and hard work can really get you further then you think. I hope they buckle down.
Ramsey forgot that the $150K is taxed, and the debt has interest. They are probably looking at 10 years not 4 to pay it off. That’s my rough numbers! Good luck. My advice: Stay out of debt. Don’t do stupid degrees!
yeah. the couple will have roughly 100k or so after taxes are paid. aint no way they are living rent free, utility free, car free, and food expense free lives. on average, they may be able to use 50k to pay the debt, assuming 50/30/20 rule. 400k is looking closer to 10 years without changes in income in that time. they can pay it faster if they take up side gigs to increase their yearly income and look for better paying jobs. They might be able to get it down to 6 or 7 years. 4 years is only possible with a 200k household yearly income. For Jade/Sam to pay off the debt that she did, they would need a household income well over 200k. something she fails to mention. That means she and her husband both would be earning six figures for it to work. or someone earning mid-100k income.
Why don't they get married at the courthouse and save the wedding money? The fact that they are going to spend tens of thousands of dollars on a stupid wedding means they are not serious people.
I get that, but at the end of the day you still get one life and its worth building those memories, especially since the family is helping, and the next 5+ years for them is going to be a heads-down grind.
I am a physical therapist. I graduated in 2020 and I’m out of debt now. I was nowhere near the amount of money that this collar has. However, I do not recommend going to get physical therapy degree if you’re going to get out with this much debt whatsoever.
She was using the loans to finance her lifestyle. He should really think long & hard about marriage, unless he's as irresponsible w/ money as she is, then it's perfect!
Good for you! 2019 graduate here and officially debt free as of last month. I wish my program would have, between all the "autonomous doctoring profession" talk, been honest about the finances...but I guess if they had been honest, no one would do it! 😅
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Definitely is possible. We were in the same situation but debt to income ratio was different but the ratio itself was the same. And we did it in 3 years, we took second jobs and sold stuff like crazy and that gave us a good headstart. You would be amazed when you live minimally, just how low of an income you can make it on. Also it may mean they need to move to a lower cost of loving area 15 min or more from where they currently live. Gotta make sacrifices to win, gotta want financial freedom more than wanting to just look like your winning. We're on steps 4,5, and 6 and still budget every month, grocery shop and buy almost only items we have a coupon for. I drive an old beater with 230k miles. Yes I could literally pay cash for a 30k car but I have the control not too and want my family's future to be safe and secure, kids colleges paid for, and easily retire a millionaire, on an average income. We are 35 and will be net worth millionaires by age 45, even starting later than alot of people.
We are all Dave but I will never understand him co-signing on huge weddings when they’re on BS2. We got married in my MIL backyard for less than $1000 TOTAL. Exact number was $728. That’s decorations, my dress, my husbands outfit, & the arch he made. Total of 18 guests & a reception hall for $100 for 4 hours & catered burgers/fries. It was the best day of my life. I couldn’t imagine even a 5k wedding, it was exactly what we wanted. So intimate. So us. No flexing for anyone. No Photo Booth for our guests. We still hear how beautiful it was to watch us get married in that backyard. I recommend every couple do that & throw what you would have spent at debt or to your house!
She can't wait till then. Fertility starts falling for women at 25. High risk pregnancy (exponential increase in birth defects) starts at 35. Menopause at 51.
@@Medicine91 kids add a lot of stress into a marriage. debt adds a ton of stress into a marriage... if they want to keep their marriage together best odds will be to clean up the debt first... you can get rid of debt in a relationship.. you can't get rid of children in the same way.. also if they get divorced due to all the stress then their situation is even worse..
@@whitneyw.7919 I guess she should have thought about that before taking on $200k in student loans… childcare is no joke… was like $300-$400 per week per kid where I live.
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This girl's degree didn't cost $300,000. He said she went to a state school up in Pennsylvania and he is calling from Asheville, North Carolina. My assuption. She went to Penn State (which does have a good PT program) got absorbed into the culture of Happy Valley and at least half of the money went into that. Plus if she is from NC, then tack on out of state tuition. Personally, I would NOT get married until he graduates and this mess is cleaned up. If she takes cleaning it up seriously, he can help but NOT be bound to the debt. If she starts in on "new car", "new house", "newest phone" and etc., then he is not trapped into this disaster. I know I"ve gotten cynical in my older years (56) but part of me would question how much is she actually in love and how much is she wants help on this debt. Maybe consider a prenup as well stating if they divorce within five years of the debt being paid off, he is entitled to part or all of what he put into paying it off back. Caller, SERIOUSLY think about what you're doing before walking down the aisle.
I believe there's a condition that can be stated in the prenup of in the event of divorce the amount he paid for student loan could be deducted from final divorce amount. I wish there was more attention on why he is mad at her with that much. Dave is still saying to marry her in December.
@@dustyrhodes2717they also both have very good jobs. That is worth mentioning. The difference between making 50k and making 75 is huge because that 25k is all disposable income. You can easily live your life with the bills of someone making 50K.
I think you'll find out pretty quick if she's ready to make this work. If she doesn't want to sacrifice anything then that would be a good reason to not get married.
30k, 10 from them and 10 from each family. Go get married at the court house with family and a few friends, put that 30k on the loans (or bank it and live off it until he's through school) and have a wedding reception when you're out of debt.
As soon as you get married, she’s going to expect a new house, car, and a baby. Once she has a baby, she’ll be wanting to become a stay at home mom. RUN. RUN AS FAST AS YOU CAN.
He sounds unsure of himself. My advice would be to stop the wedding stuff and pause and breathe. If she lives you she’ll stay. But he sounds really worried and stressed. But it’s his life.
These videos motivate me so much. I’ve been paying thousands towards my car loan and once that’s paid off I can tackle my student loan and that’s the only debt I have left. I’ve been picking up overtime and cutting back spending, following budget groups on Facebook, watching budget videos on RUclips and not watching people on Instagram and getting FOMO 😅 I’m hyper focused on my financial goals and become debt free.
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Listening to Dave Ramsey keeps me motivated to steward my finances well and pay off my debt. And when I hear these types of numbers for student loans, I definitely feel like paying mine off quickly is attainable!
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Current Doctor of Physical Therapy here! These numbers don't make sense. Physical Therapy School is about $60-100k and you can expect to make around $70-90k annually working full time depending on your setting. Good luck paying $400k loans off! Travel job pays a lot more, closer to $120-140k if you really do your research and negotiate a lot.
That's basically what he said. Except obviously she took out way more loans somehow. I think you can take out loans for living expenses if you want.... Still not sure how she got there. They can dig out it just won't be very comfortable for a while.
As a physical therapist who makes 110k a year (big outlier) I always say one thing to people who ask me if they should go into physical therapy… My answer is always HELL NO. It is not worth the cost for the degree AT ALL.
The PT assistant program is 2 years, and a lot less debt. Salaries can vary, but some PTA's can do pretty well. No evaluations to do. Travel assignments are available for them, also.
Insurance reimbursements and playing the game of documentation are soul-stealers. PT's may anticipate a high salary, thanks to academia, but the real-world result is so different.
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I graduated PT school four years ago with 167k in debt. Officially debt free as of July. Could have got it done sooner if I had caught fire earlier, so it can be done. Tons of PRN jobs with high pay rates because so many people have left the field. It's hard to explain to a non-physical therapist, but what these schools do to you, say to you, hide from you during your course work is insane.
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You don't wanna pay for her x-rated spring break parties where Chad and Tyrone got more after knowing her for 15 minutes that this chump will get in 15 years?
Funny seeing a woman say this lol. I've always said this to female friends of mine (old friends now) about dating and they tried to chew me out for it. Why marry a person with $300k in debt with only the ability to make $70-90k annually? I can see why marriages are over within 5 years now a days lol. If the person had that much debt bringing in $250k or more annually I can understand taking on the debt. Even If I made $300k annually, I would not marry them. I would find someone with $30k in debt but made $60k+ annually.
I am actually just really upset at this call. She's on -$300k, he's on -$80k and only half way through his degree. It's a bleak situation. I don't believe teenagers have the brain capacity to take out such loans. Society failed these people.
Stop making excuses for these people. If they aren't given loans, people still complain about "equity" and education attainment. If an 18 year old with 13 years of free education doesn't understand basic addition and subtraction, we have a much bigger problem. Society helped them as much as possible and they are trying to avoid responsibility.
@@drn13355Actually most of it really is tuition. I knew a girl who went to a college where the tuition was $73k A YEAR. It wasn't an Ivy League either.
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I work at a big tech company and I went to the cheapest school for software engineering I could find and i work the same job as my coworkers who went to some of the best schools in the country.
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@@An-Engineered-Journey What percentage of those people working with you went to expensive schools and what percentage did not? The reality is, a lot of the time, it's who you know and not what you know. I bet most people at your job went to good schools and you are one of the lucky ones, you got the job anyway. An exception to the rule.
@ a lot of people have the same woe is me mentality as you. Work hard, fail, work harder. That’s the truth of what you need to succeed. I didn’t know a single person in tech and as I mentioned went to a bad school. I didn’t think I was “one of the lucky ones” when I was waking up at 5am daily to study before working a full time job with a family. Keep that mentality and yeah, you won’t make it far. You don’t know anything I went through to get to where I am. How foolish of you. They grilled me for 10 hours of interviews (5 straight in one session) to get this job. Didn’t think I was one of the lucky ones there.
First of all I would never spend $30,000 on a wedding! Go to a court house or do something more simple and then go on with your life! That's just me! That kind of money would make a good down payment on their debt or a house!
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Can’t believe Dave let the wedding costs go given their debt. He probably just internally gave up on them and figured they should have a short reprieve of happiness before the crushing debt hits.
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This guy can avoid all of her debt and mess by not getting married. There is zero accountability on her part for going $300k into debt for a PT degree, which they just glossed over. Her only plan is to have him pay for more than half her debt.
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They both need to work in the public sector for 10 years and never defer their loan payments and to work as much overtime as possible. Poor things, took out MD loans to become PT.😢😢
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Two things will happen: 1) She going to want her loan paid off first. 2) She’s still want to go on vacations, get credit card and want a house. He shouldn’t get married with 400K debt!
And I guarantee you she’s also planning to have kids and be a stay at home mom at some point, so her loans will become YOUR loans man. YOU will be responsible for her loans, plus all other bills that you will be expected to pay as a bread winner. Unpopular opinion: Consider student loan debt before getting married, specially with women with high levels of student loan debt.
@@silentnot4812Nah. I never imagined being a SAHM. I am very driven & have worked since 15; I saw my boys faces & couldn’t imagine leaving them with anyone else but me or my husband. I couldn’t imagine missing their firsts for a job. I couldn’t imagine handing them over for someone else to essentially raise. Ever.
When I was dating I met a gentleman who told me we couldn’t go any further bc my $200k loans. I had no intentions of having children or abandoning my medical career. I even explained the forgiveness but he wasn’t interested. 🤷🏽♀️
He also likes to ignore the level of interest they are going to be paying. It’s private loans, meaning the interest rates are probably higher. She’s probably paying around 2k a month in pure interest
You may be racking up the same amount of debt if you go to a private school that’s out of state for example. However, on a case by case basis, a physical therapy education is cheaper than medical school, but it does pay a lot less. Overall, unless you know what you’re doing and have a plan to finance it. It is not worth it. Not today world.
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My wife graduated 10 years ago when it first became a DPT program. Cost about $50,000 total and we took out loans for $30,000. Paid it off in 5 years. But the cost of the degree has way outpaced the starting salary.
Exactly, and if mom and dad can still give that $20k they were donating to the wedding to get started in life as a boost that would be wise. Then they have an additional $10k of their own too. A silly wedding is not worth $30k when already in debt.
I work in a similar field, but I got my degree when the entry-level was just a bachelor's degree and done in 4 years. Entry-level now requires a doctorate with all these loans! The problem is degree inflation. Why require a doctorate for a profession that was competent with a Bachelor's degree?
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I’m sadly as much in student loan debt as I make right now (40K debt, 60K income), but I have no other debt and have developed a plan where I believe I can have it all payed off within 3 years. And without complete misery and beans and rice. 🤞
@@Wishfull171 just take your time ! You are alive now to. 😊I have 9,8K left and I earn 70K but I live with my wife and we have only my income. I don’t want to live of rice and beans to pay it off
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In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
I'm sorry but I don't think I could marry someone with $300k in student loans that wasn't a doctor or lawyer 🤦 my wife and I paid off $85k together and it still makes me sick to think how far behind that put us.
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He is fine. He has 78k student loans, but he has to get rid of the broke h0 fiance. Women and PTs are not good at money and simple maths. I would RUN! I went to a cheap community college instead. I make 150k annually.
Physical therapists make the LESS as an average truck driver… $10,000 for trucker school VS $200,000 for pharmacy/veterinary school. Don’t be a debt slave!!! In reality, these sort of people are bringing home less money than those “dumb” tradespeople with zero debt.
I do not understand the physical therapist track. Most PT jobs are seeking doctorate level education in my area. 7-8 years of college education to make less than 100k?? You can get a 2 year nursing degree and make what these guys are making.
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How am I the only one that questions whether this young man should get married to this woman? He’s setting himself up to take on half of her debt if she ever files for divorce.
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Big red flag. That's an insane amount of tuition for that type of career field. She was willing to go into debt for it. Only thing I can think of is she was planning for her future husband to pay this.
These insane loans are not even half tuition. They take out "living expenses". This is the problem with student loan repayment. Most of these insane loans are not even tuition and books. It is "living expenses".
The caller still has two years of schooling to go. He didn't mention having a job so the total student loan debt is likely to increase. They're probably getting doctorates in PT and this is why the loans are so high.
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I know a doctor that got almost a 550k student loan. But got a good deal with federal that you work for 10 years at the hospital, your loan will be completely wiped out at the 10 year marked, and just minimum monthly payment for 10 years. The bonus is that covid hit and in the last 3 years, there was no need to pay for student loan and the loan forgiveness deadline is still the same.
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Best of luck to the caller! I’m going to have to listen to the call again, but I don’t think the fiancé’s perspective on her debt was addressed. Is she on the same page to attack this debt? Family’s poor relationship with money was mentioned, but nothing else. I hope they are both on the same boat and get through this as a couple. From my perspective, he sounded sad and stressed so I hope he’s not the only one seeing the issue for the sake of their relationship. It can be done, but it will require a lot of sacrifice from both parties. Best of luck to him!
Exactly. I think he should hold off on marriage until he sees how serious she is working to get rid of HER debt. They don't need to rush into marriage and if she is in a rush then you have to wonder why.
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Currently a travel PT and looking to pay off loans mid 2024. Might be hard to find, but there are cases in places that really need help where you both could travel to 1 place together. Typically rural or less desirable areas to live, that has potential to get you to 250k a year for both of you total if a place will extend to a year. Probably the fastest option IMO
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Between my wife and I, we started with $620,000 in student debt. We paid down about $300,000 but after mortgages we now owe about $1,200,000 in total personal debt 💪💪💪
Wasn't there a repayment plan BEFORE taking out the loans? You need to plan that out just like you plan anything else. This debt should not be a surprise. It's just a lack of planning that's catching up with them.
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He said that he graduates in 2 years… that would be the time for her to travel and work 24/7. And have a part time job helping people in their homes. He gets a part time or full time job while in finishing school.
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Im a PT that quit new grad job because I discovered dave ramsey. I paid off 100k in 5 years because i did 2 years of travel PT and then went crazy on the debt. 300k is wayyyyy too much for the amount of money we make. 😂 they're gonna need a floatie cuz theyll be swimming in the ocean for a while 😅. Wait until they call in 3 years that they bought a house with that debt. I've worked with other therapists that live like this. I could NEVER
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For a financial advisor, Dave is WAY off on his payoff time estimates. If they are making 150K per year, that’s like 110K take home. They couldn’t pay this off in four years if they put 100% of their take home pay on the debt. Not to mention, he advises giving the Church 10%, but he never figures that into these time estimates either…
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I'm so glad we went gazelle intense for a long long 56 months, paid off all our consumer debt and mortgage. We cannot look back at that time of misery and not praise The Lord that we did it and now at Baby Step 7 have so much less stress in our lives. And because it was so bad, we would never put ourselves in the position of losing control over our finances ever again. Sometimes hard lessons are the ones that stick.
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Our nephew was married to a woman who had major student loan debt for undergrad. He helped pay down her debt, and went on to pay for her master's degree. He even bought her a new car as a graduation gift. She filed for divorce as soon as he paid off her debt. She ended making a larger salary than him - yet, wanted him to pay alimony plus child support for their 2 kids. Fortunately, he had a great attorney but it cost him major $$$ - don't go cheap on a good divorce lawyer.
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I dropped out of college because after 4 years of changing my major like 3 times my parents didn’t want to finance the cost anymore and I didn’t want the debt… I got a job working for a medium sized business as a QA Lab tech and my current pay is actually ABOUT THE SAME as an average college graduate with a BS/BA in biology…. I want to go back to school but only after I complete my FIRE retirement plan… I already payed off my house before I became 40… So technically speaking, my finances is equivalent to a “normie” pharmacist/veterinarian/PA or NP (pays for mortgage/rent, student loans). What I leaned was that it’s not about how much you make, ITS HOW MUCH YOU GET TO KEEP that actually matters as far as finances. My USDA friend who has only a HS education did FIRE with 10 properties and he has a bigger networth than most of his bosses (USDA veterinarians), he has retired now and travels the world.
I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity..
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
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Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
I hope they get some sense knocked into them. I wonder if this guy knew aboit the debt when he initiated this with her! Might take them 5-10 years to clean up this mess depending upon how they behave moving forward! But like you said, the fact that they are spending 10k on the wedding, doesn't give me hope!
I started a new job 6 months ago and the first thing my bank did was offer me a $2500 credit card. I laughed to myself and rejected the application haha
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
I love this channel so much. Every time I am depressed about my life I listen do these people and have a great laugh and feel much better about myself😂
Even if they put 20K-30K a year towards this which is probably all they will be able to afford to do this will take them around 20 years to get all this cleaned up. 10-12 if they live on nothing for a decade straight which not many people can do.
She didn't spend it on school. She spent it on living on campus, campus food, probably a new car, etc. Knew a lot of people who took out way extra and just didn't work and spent it all. She didn't make a bad school decision - she made a bad everything decision.
Yep I had a classmate that got a boob job with her student loans
@@janetd254 And probably complains about how much she owes on "student loans."
@@janetd254 how is that legal?
Exactly what happened! I've seen it as well.
@janetd254 Her grades were Ds but her rack was DDs.
Had the same debt. No life and just worked 3 jobs. They can do it too
My co-worker said I was out of my mind, but now I'm just out of student loan and consumer debt.
Fantastic!!
Without debt now you are really out of your mind lol. Its how I feel now when I go out every night I want and travel all year.
@jamisonmunn9215 congratulations. Be proud thst you achieved what most people think is unattainable. It's a wonderful feeling. The process getting to that point isn't fun. But it's worth it in the end
@@YoPhocFays a lot more people can do it. College just needs to become something you do after you work and save for some years and really decide what you want to do.
How long did it take you?
This show always makes me feel so good about myself
Must be living a pretty shit life if you find joy in the misery of others.
Isn’t that why we all watch?
yeah, i thought i had problems!
Yep😂
Kind of like having a bad day and going
home to watch an episode of "Cops" to see what a bad day really looks like...
She put everything on student loans, Car, food, housing. Best of luck.
Living off daddy gooberment. Than living off hubby and get preggo and chubby.
@@djpuplex 😂
gotta have that college experience 👙👯🍾
.... spring break !!!
I had a friend who got a boob job with her student loans. 🤦🏻♀️
I retired early at 61 as a maintenance supervisor. I got an associate degree at the local community college. My employer paid for the credit hours as long as i maintained a 3.0 gpa. I left school with no debt and my income was 100K per year. If someone is willing to work in the trades, a good honest comfortable living can be made. Retired early, no debt. Thanks be to God!
Trade schools are the way to go.
I don't consider 61 early retirement but I agree trades are a great option.
@@michaelc7014??? Better than working until age 67 like I'll be doing. I see older ladies at Walmart working in their 70s.
Way to go! Perfect example of how to do schooling.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... .............
Two kinds of calls on this show:
1) Hi Dave, we’re $400k deep in student loan debt and we make $35k/year. Can we buy a $150k RV to go along with the $500k house we just took a mortgage out on? 😅
2) Hi Dave, we make $700k/year. Can we afford the guac when we go to Chipotle? 😂
One of my relative is rich but thinks spending $4 at starbucks is expensive, hence makes his own coffee everyday, versus my friend i know who makes it by on an average salary but blows money off on starbucks and eating out. Rich people truly understand value of money, that's why they are rich!
Also, once in a while, the callers who need their ego massaged. "We are 60 years old and have 52 million in our retirement accounts, can we afford to retire?".
And I'm noticing more and more his answer's like:
"You don't have a money/debt/spending problem. You have a YOU problem."
@@coolscience622two types of happiness: those that don’t know they are poor vs those who knows they are rich 😂
🤣🤣🤣🤣🤣 dave, we have 2 mil saved, can we afford 1997 toyota corolla?
I graduated with a $5,000 student loan in 2001 and remember feeling worried about it.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... ......... ........
@@Jerome-sd1el👎🏾
I graduated in 1985 with a $1,200 credit with an accounting degree.
Same here.
I worked for a PT recruitment company and we went to one of the expensive colleges in Wisconsin to do mock interviews for the students. I can’t tell you how many sat there and cried because of their pending loans.
I make over $72k as a high school custodian. 🤦🏻♂️ No college necessary. $300k in student loans is insane.
Do you hang out in the boiler room and read Popular Mechanics? If not, you are not cool.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ......... .......
Haha @@Jerome-sd1el
There is only one God who made everything and came down on earth Jesus
Run, Forrest, run! This woman is insane. She went $300,000 into debt for a $75,000 job.
One thing I learned from Dave is not matter what job you have, the ER always has overtime pay for you.
He always says that. There are no PT's in the ER, but hey...I just listen to Dave.
😂
@@drn13355Right!?! 🙄
@@drn13355 Yeah. Where did he get that from.
@@jimmymcgill6778Jimmy you don’t know anything. Stop running around looking for stuff to comment on. Are you a nurse? Are you a broker? Get help.
Dave is the reason I finally started paying off debt! So far I’ve paid off 8K! Only 100K left to go! 😅
You got it! Soon you’ll be doing your debt free scream, proud of you fam!
@@bigkieppo thank you so much!!!
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
Go for it!
Do it, never give up. I have 9,9k left
As a physical therapist currently making 115k in NYC with side hustles and paying off 150k, 125k since meeting Dave and 75K during Covid alone it can be done. Sacrifice and hard work can really get you further then you think. I hope they buckle down.
In nyc thats like 50k
Do you have a roomie?
@@FortuneSeek3rz no what does that have to do with anything
@@mannyjeanpierre4062 I was wondering if you split up the rent with anyone.
@@Dan16673
It’s like $200k in Oklahoma.
All about choices.
Ramsey forgot that the $150K is taxed, and the debt has interest. They are probably looking at 10 years not 4 to pay it off. That’s my rough numbers! Good luck. My advice: Stay out of debt. Don’t do stupid degrees!
Yes, that debt will be growing exponentially. 4 years is not enough
@@asdilarHe always forget about taxes.
yeah. the couple will have roughly 100k or so after taxes are paid. aint no way they are living rent free, utility free, car free, and food expense free lives. on average, they may be able to use 50k to pay the debt, assuming 50/30/20 rule. 400k is looking closer to 10 years without changes in income in that time. they can pay it faster if they take up side gigs to increase their yearly income and look for better paying jobs. They might be able to get it down to 6 or 7 years. 4 years is only possible with a 200k household yearly income.
For Jade/Sam to pay off the debt that she did, they would need a household income well over 200k. something she fails to mention. That means she and her husband both would be earning six figures for it to work. or someone earning mid-100k income.
Tuba Tuba Tuba!
but they would be getting raises at work during those years too
Why don't they get married at the courthouse and save the wedding money? The fact that they are going to spend tens of thousands of dollars on a stupid wedding means they are not serious people.
He probably is, but she isn't.
We eloped, 30+ years ago. We then had a BBQ in our yard for a few hundred bucks. It’s not about the wedding, it’s about the marriage !
People with lots of debt that spend lots of money on weddings are very good at making bad financial decisions!
I get that, but at the end of the day you still get one life and its worth building those memories, especially since the family is helping, and the next 5+ years for them is going to be a heads-down grind.
@@kathleencooney1518doesn't get much better than that. The people that mean the most are still there.
I am a physical therapist. I graduated in 2020 and I’m out of debt now. I was nowhere near the amount of money that this collar has. However, I do not recommend going to get physical therapy degree if you’re going to get out with this much debt whatsoever.
She was using the loans to finance her lifestyle.
He should really think long & hard about marriage, unless he's as irresponsible w/ money as she is, then it's perfect!
Collar huh 🤔 😂
Good for you! 2019 graduate here and officially debt free as of last month. I wish my program would have, between all the "autonomous doctoring profession" talk, been honest about the finances...but I guess if they had been honest, no one would do it! 😅
Unfortunately the average student who obtains a DPT is well over 100k of debt.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... ......... ........
4 years is not realistic. What about taxes? What about housing? What about food? 8-10 year’s minimum
Mm but they can live on 50k. Most people won't do that though so yeah. They need to relocate to a cheaper place, and live as if they're making 50k.
It never is
>4 years is not realistic. 8-10 year’s minimum
Make it 20
Definitely is possible. We were in the same situation but debt to income ratio was different but the ratio itself was the same. And we did it in 3 years, we took second jobs and sold stuff like crazy and that gave us a good headstart. You would be amazed when you live minimally, just how low of an income you can make it on. Also it may mean they need to move to a lower cost of loving area 15 min or more from where they currently live. Gotta make sacrifices to win, gotta want financial freedom more than wanting to just look like your winning. We're on steps 4,5, and 6 and still budget every month, grocery shop and buy almost only items we have a coupon for. I drive an old beater with 230k miles. Yes I could literally pay cash for a 30k car but I have the control not too and want my family's future to be safe and secure, kids colleges paid for, and easily retire a millionaire, on an average income. We are 35 and will be net worth millionaires by age 45, even starting later than alot of people.
@@augustalexander2647relocationing to a cheaper place usually means taking a paycut
We are all Dave but I will never understand him co-signing on huge weddings when they’re on BS2. We got married in my MIL backyard for less than $1000 TOTAL. Exact number was $728. That’s decorations, my dress, my husbands outfit, & the arch he made. Total of 18 guests & a reception hall for $100 for 4 hours & catered burgers/fries. It was the best day of my life. I couldn’t imagine even a 5k wedding, it was exactly what we wanted. So intimate. So us. No flexing for anyone. No Photo Booth for our guests. We still hear how beautiful it was to watch us get married in that backyard. I recommend every couple do that & throw what you would have spent at debt or to your house!
Look we met up at the courthouse, had a $250 lunch, he went back to the office and I got in a uber back home. Best day ever. Lol
what's BS2?
@@Shortballa11baby step 2
@@Shortballa11 Baby Step 2
@@pickmeisha I love that!! Y’all are happy as clams, too I know it
Don’t have kids before you get out of this debt…. It’ll just make life more stressful..
They'll never be having kids then honestly
She can't wait till then. Fertility starts falling for women at 25. High risk pregnancy (exponential increase in birth defects) starts at 35. Menopause at 51.
@@Medicine91 kids add a lot of stress into a marriage. debt adds a ton of stress into a marriage... if they want to keep their marriage together best odds will be to clean up the debt first... you can get rid of debt in a relationship.. you can't get rid of children in the same way.. also if they get divorced due to all the stress then their situation is even worse..
@@whitneyw.7919 I guess she should have thought about that before taking on $200k in student loans… childcare is no joke… was like $300-$400 per week per kid where I live.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
When dating in college ask how one another is paying for tuition before you invest in that relationship
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
Bingo 💡
This girl's degree didn't cost $300,000. He said she went to a state school up in Pennsylvania and he is calling from Asheville, North Carolina. My assuption. She went to Penn State (which does have a good PT program) got absorbed into the culture of Happy Valley and at least half of the money went into that. Plus if she is from NC, then tack on out of state tuition.
Personally, I would NOT get married until he graduates and this mess is cleaned up. If she takes cleaning it up seriously, he can help but NOT be bound to the debt. If she starts in on "new car", "new house", "newest phone" and etc., then he is not trapped into this disaster. I know I"ve gotten cynical in my older years (56) but part of me would question how much is she actually in love and how much is she wants help on this debt. Maybe consider a prenup as well stating if they divorce within five years of the debt being paid off, he is entitled to part or all of what he put into paying it off back.
Caller, SERIOUSLY think about what you're doing before walking down the aisle.
I believe there's a condition that can be stated in the prenup of in the event of divorce the amount he paid for student loan could be deducted from final divorce amount. I wish there was more attention on why he is mad at her with that much. Dave is still saying to marry her in December.
I don't think he should get married. It's a horrible idea.
I would not marry her. Imagine paying all this off for her bad decisions. $300k?!?
@@dustyrhodes2717they also both have very good jobs. That is worth mentioning.
The difference between making 50k and making 75 is huge because that 25k is all disposable income. You can easily live your life with the bills of someone making 50K.
I think you'll find out pretty quick if she's ready to make this work. If she doesn't want to sacrifice anything then that would be a good reason to not get married.
400k in student loans and still willing 😢😂to pay 20k for wedding!
real american heros
Courthouse justice of the peace 🧑⚖️
Debt slaves don't like math @ all
30k, 10 from them and 10 from each family. Go get married at the court house with family and a few friends, put that 30k on the loans (or bank it and live off it until he's through school) and have a wedding reception when you're out of debt.
The fact that Dave doesn’t even bat an eye when people say they’re planning to spend thousands on a wedding while in massive debt is baffling.
As soon as you get married, she’s going to expect a new house, car, and a baby. Once she has a baby, she’ll be wanting to become a stay at home mom.
RUN.
RUN AS FAST AS YOU CAN.
😂😂😂😂
He sounds unsure of himself. My advice would be to stop the wedding stuff and pause and breathe. If she lives you she’ll stay. But he sounds really worried and stressed. But it’s his life.
These videos motivate me so much. I’ve been paying thousands towards my car loan and once that’s paid off I can tackle my student loan and that’s the only debt I have left. I’ve been picking up overtime and cutting back spending, following budget groups on Facebook, watching budget videos on RUclips and not watching people on Instagram and getting FOMO 😅 I’m hyper focused on my financial goals and become debt free.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... .............
Listening to Dave Ramsey keeps me motivated to steward my finances well and pay off my debt. And when I hear these types of numbers for student loans, I definitely feel like paying mine off quickly is attainable!
A financially responsible woman? You must be fake!
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... .............
That's awesome lili.
I hope you knock it out and have an extra_ordinary life.
Keep saving beyond that and get yourself into a house! 😁👍
@@jamisojo Thank you for your encouragement!
After taxes on $150, it’s $112, then spending $50 it’s $62, that’s at least 6.5 years (not taking interest into account, so really longer).
somebody above said 10 years realistically with interest and unplanned events to come. So yes, you are most likely right on the lowest end.
taking interest into account, you're looking at 7 years at the earliest. I would say 7-10 years.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
@@Jerome-sd1el Jesus Christ is God. Repent and be baptized or perish.
Current Doctor of Physical Therapy here! These numbers don't make sense. Physical Therapy School is about $60-100k and you can expect to make around $70-90k annually working full time depending on your setting. Good luck paying $400k loans off! Travel job pays a lot more, closer to $120-140k if you really do your research and negotiate a lot.
That's basically what he said. Except obviously she took out way more loans somehow. I think you can take out loans for living expenses if you want.... Still not sure how she got there.
They can dig out it just won't be very comfortable for a while.
@@jamisojo new car, vacations, nice apartment off campus, out of state tuition, nails done every 2 weeks....
As a physical therapist who makes 110k a year (big outlier) I always say one thing to people who ask me if they should go into physical therapy…
My answer is always HELL NO. It is not worth the cost for the degree AT ALL.
We paid cash for hubby's OT degree. Not so bad
OT is a Masters today. PT is a doctorate now. Large difference in cost sadly haha.
Yeah, sounds like a horrible educational investment.
The PT assistant program is 2 years, and a lot less debt. Salaries can vary, but some PTA's can do pretty well. No evaluations to do. Travel assignments are available for them, also.
Insurance reimbursements and playing the game of documentation are soul-stealers. PT's may anticipate a high salary, thanks to academia, but the real-world result is so different.
With student loan payments resuming, we’re about to start getting this calls again
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
I graduated PT school four years ago with 167k in debt. Officially debt free as of July. Could have got it done sooner if I had caught fire earlier, so it can be done. Tons of PRN jobs with high pay rates because so many people have left the field. It's hard to explain to a non-physical therapist, but what these schools do to you, say to you, hide from you during your course work is insane.
Why are people leaving the field ?
Yeah why are people leaving?
Is it better to start as a PTA?
@@career5690I’m a PTA and make $69,000
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... .............
I’d definitely only want to get married after this debt is gone. I will not marry someone who’s in so much debt and make it my own.
Exactly, if he was single his loan is not as bad as hers, and he could dig himself out easier.
Exactly! She must be stunning or he is clueless.
Same!
You don't wanna pay for her x-rated spring break parties where Chad and Tyrone got more after knowing her for 15 minutes that this chump will get in 15 years?
Funny seeing a woman say this lol. I've always said this to female friends of mine (old friends now) about dating and they tried to chew me out for it. Why marry a person with $300k in debt with only the ability to make $70-90k annually? I can see why marriages are over within 5 years now a days lol. If the person had that much debt bringing in $250k or more annually I can understand taking on the debt. Even If I made $300k annually, I would not marry them. I would find someone with $30k in debt but made $60k+ annually.
I am actually just really upset at this call. She's on -$300k, he's on -$80k and only half way through his degree. It's a bleak situation. I don't believe teenagers have the brain capacity to take out such loans. Society failed these people.
Future democrats.
@@lot2196current democrats. And we all know what (who) traveling nurses do.
Too dumb for loans should also mean too dumb to vote
@@lot2196I bet when you sleep, you say prayers to trump while laying your head on trump covered pillows. Bum
Stop making excuses for these people. If they aren't given loans, people still complain about "equity" and education attainment. If an 18 year old with 13 years of free education doesn't understand basic addition and subtraction, we have a much bigger problem. Society helped them as much as possible and they are trying to avoid responsibility.
Some people take out student loans to pay their living expenses (rent, food, car, etc)
Exactly. That is the vast majority of these insane student loans. When people say they owe 300K it sure as hell isn't tuition and books.
She purchased a LOT more than that.
Sounds like she was livin' large on that $300k. Probably not good with money!
@@drn13355Actually most of it really is tuition. I knew a girl who went to a college where the tuition was $73k A YEAR. It wasn't an Ivy League either.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
I work at a big tech company and I went to the cheapest school for software engineering I could find and i work the same job as my coworkers who went to some of the best schools in the country.
And is there a difference in pay or promotions?
@@webfreakz no. Job experience > education. It may help land first job but it’s not necessary. Skill is more important
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
@@An-Engineered-Journey What percentage of those people working with you went to expensive schools and what percentage did not? The reality is, a lot of the time, it's who you know and not what you know. I bet most people at your job went to good schools and you are one of the lucky ones, you got the job anyway. An exception to the rule.
@ a lot of people have the same woe is me mentality as you. Work hard, fail, work harder. That’s the truth of what you need to succeed. I didn’t know a single person in tech and as I mentioned went to a bad school. I didn’t think I was “one of the lucky ones” when I was waking up at 5am daily to study before working a full time job with a family. Keep that mentality and yeah, you won’t make it far. You don’t know anything I went through to get to where I am. How foolish of you. They grilled me for 10 hours of interviews (5 straight in one session) to get this job. Didn’t think I was one of the lucky ones there.
First of all I would never spend $30,000 on a wedding! Go to a court house or do something more simple and then go on with your life! That's just me! That kind of money would make a good down payment on their debt or a house!
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... ......... ........
But, it's my DREAM WEDDING! It must be perfect /s
Do you think the fiance in this situation has any sense of financial responsibility??
And honeymoon in Vegas😂
Anytime I see student loans I click
Me too! It’s an addiction lol Student loans and $20,000+ car loans are the best calls
Me too!! Anything with a number and debt behind it I instantly click!!!
Same, because the numbers are so insane. I paid off $50,173 of student debt in 15 months. But when I see $400k, my stomach drops out from under me.
@Astro95Media right, thats neurosurgeon debt territory. These guys are going around telling people how to hold a walker or a cane 😂😂
Seems like there marketing works then
Can’t believe Dave let the wedding costs go given their debt. He probably just internally gave up on them and figured they should have a short reprieve of happiness before the crushing debt hits.
Agreed, there should be NO wedding for at least 1-2 years....
It was just the icing on the cake of this dumpster fire, can these people get out of debt, yes!, will they ever? Probably not.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
@@Jerome-sd1el that’s great jimmy, now go outside and play!
@@Sunnydaysarehereagain185 Icing is made of fat & sugar - so it's flammable, right? ; ) Great way to add fuel to a dumpster fire.
1:10 _"She spend $300k on a PT degree!?!? Why???"_
Cause she knew someone would pay for it later...
Theres always a willing simp.
...only to eventually get burned out in the field.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
she will 100% divorce him as soon as the debt is paid.
I make 75K and I have an associates degree, I can’t imagine paying 300K for a degree and make what I make.
How much did you pay for your degree to make 75k?
How else can you work in a career that you desire? What other options are there?
Is this a meme where you spell the word after the rapper or do you really not know ludicrous is a word?
>What other options are there?
Understanding you can't have everything you want in life?
@@reese85 community college was only a few thousand dollars a semester when I went
This guy can avoid all of her debt and mess by not getting married. There is zero accountability on her part for going $300k into debt for a PT degree, which they just glossed over. Her only plan is to have him pay for more than half her debt.
Except he’s about to finish off going into about $120k of debt for the same degree, so he’s only modestly less dumb.
Exactly
Her loan ain't my problem... She probably see him as help
And then get pregnant in less than 3 years and beg to be a SAHM. There's no semen going inside her until the debt is paid off.
Bingo
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... ......... ........
Just watching this can make you ten times wiser financially by learning from others. This man's got the right idea seeking out help
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... .............
These two get along well. Love Dave and Jade as hosts.
They both need to work in the public sector for 10 years and never defer their loan payments and to work as much overtime as possible. Poor things, took out MD loans to become PT.😢😢
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
Two things will happen:
1) She going to want her loan paid off first.
2) She’s still want to go on vacations, get credit card and want a house.
He shouldn’t get married with 400K debt!
And I guarantee you she’s also planning to have kids and be a stay at home mom at some point, so her loans will become YOUR loans man. YOU will be responsible for her loans, plus all other bills that you will be expected to pay as a bread winner. Unpopular opinion: Consider student loan debt before getting married, specially with women with high levels of student loan debt.
You better believe she would of the shoe were on the other foot.
@@silentnot4812Nah. I never imagined being a SAHM. I am very driven & have worked since 15; I saw my boys faces & couldn’t imagine leaving them with anyone else but me or my husband. I couldn’t imagine missing their firsts for a job. I couldn’t imagine handing them over for someone else to essentially raise. Ever.
That's why she's getting married.
When I was dating I met a gentleman who told me we couldn’t go any further bc my $200k loans. I had no intentions of having children or abandoning my medical career. I even explained the forgiveness but he wasn’t interested. 🤷🏽♀️
@@djpuplex🎯
Paid my $372,000 student loan off this morning. Officially debt free. Will never let my kids take out a single government loan
Does Dave understand that massive amounts of income are taken out for taxes? lol. 😂
He forgets
Agreed. He totally forgot.
...and rent, which is extortionate these days
He forgets except for 25% of “take home” income for the mortgage payment calculations
He also likes to ignore the level of interest they are going to be paying. It’s private loans, meaning the interest rates are probably higher. She’s probably paying around 2k a month in pure interest
Hate to say- PT school is a joke. You are taking on the same debt as Medical school, then make a quarter of the pay.
You may be racking up the same amount of debt if you go to a private school that’s out of state for example. However, on a case by case basis, a physical therapy education is cheaper than medical school, but it does pay a lot less. Overall, unless you know what you’re doing and have a plan to finance it. It is not worth it. Not today world.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ...... ......... ........
My wife graduated 10 years ago when it first became a DPT program. Cost about $50,000 total and we took out loans for $30,000. Paid it off in 5 years. But the cost of the degree has way outpaced the starting salary.
Forget the wedding, Just elope
Exactly, and if mom and dad can still give that $20k they were donating to the wedding to get started in life as a boost that would be wise. Then they have an additional $10k of their own too. A silly wedding is not worth $30k when already in debt.
I work in a similar field, but I got my degree when the entry-level was just a bachelor's degree and done in 4 years. Entry-level now requires a doctorate with all these loans! The problem is degree inflation. Why require a doctorate for a profession that was competent with a Bachelor's degree?
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
Entry level does not require a doctorate. PTA is associates degree and PT is bachelors for beginning jobs
Feeling good about my 75k shovel and 28k hole
I have 80k shovel and 9,9k in debt left.
I’m sadly as much in student loan debt as I make right now (40K debt, 60K income), but I have no other debt and have developed a plan where I believe I can have it all payed off within 3 years. And without complete misery and beans and rice. 🤞
@@Wishfull171 just take your time ! You are alive now to. 😊I have 9,8K left and I earn 70K but I live with my wife and we have only my income. I don’t want to live of rice and beans to pay it off
Spoiler alert: next year she gets pregnant and want to be a stay at home mom
LOL
You spent 300k for the mailman to make more than you
Not even what the UPS driver makes now
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
Run away man. This woman obviously does not understand money and is irresponsible. There are so many better women.
Only like 99% of them!
he doesn't understand either. That's the problem.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
Be selective...
these kind of calls makes me feel better
$400k for Physical therapy degree?! They're gonna be eating ramen noodles until 2028
2058
@@DisabilityExams 2099
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
@@Jerome-sd1el where was Allah in the Turkish earthquakes. People died in their sleep before Fajr
@@Jerome-sd1el Wrong channel
I'm sorry but I don't think I could marry someone with $300k in student loans that wasn't a doctor or lawyer 🤦 my wife and I paid off $85k together and it still makes me sick to think how far behind that put us.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
I’m a single guy making 10k a month with no student loans and I couldn’t even imagine paying off this kind of debt
Lol
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
He is fine. He has 78k student loans, but he has to get rid of the broke h0 fiance.
Women and PTs are not good at money and simple maths. I would RUN!
I went to a cheap community college instead. I make 150k annually.
Physical therapists make the LESS as an average truck driver… $10,000 for trucker school VS $200,000 for pharmacy/veterinary school.
Don’t be a debt slave!!!
In reality, these sort of people are bringing home less money than those “dumb” tradespeople with zero debt.
I do not understand the physical therapist track. Most PT jobs are seeking doctorate level education in my area. 7-8 years of college education to make less than 100k?? You can get a 2 year nursing degree and make what these guys are making.
Facts!
Hell or even radiology, most of those programs are a year and less physically stressful of a job with the same pay.
Exactly!!! I'm a nurse making over 120,000!!!
Don't forget that amount is mostlikely before taxes. They're making alot less after taxes
OT is better than PT which is age-dependent so it becomes tedious as you age.
Run dude Run !
"Lean into the suck." Yeah, there better be a lot of that with how much debt she's bringing with her 🤣
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
This makes me glad i stopped going to school after undergrad. Cost is getting outrageous. Paid off. Thank goodness.
How am I the only one that questions whether this young man should get married to this woman? He’s setting himself up to take on half of her debt if she ever files for divorce.
Not in NC. She keeps her debt in the divorce
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
Get out while you can, dude😮
You can't marry this woman.
Nahh, fuck that.... people in other countries don't think this way so neither should we
Agreed
price of poon is high here
Don't do it.
Big red flag.
That's an insane amount of tuition for that type of career field. She was willing to go into debt for it.
Only thing I can think of is she was planning for her future husband to pay this.
These insane loans are not even half tuition. They take out "living expenses". This is the problem with student loan repayment. Most of these insane loans are not even tuition and books. It is "living expenses".
The caller still has two years of schooling to go. He didn't mention having a job so the total student loan debt is likely to increase.
They're probably getting doctorates in PT and this is why the loans are so high.
The rules have changed and you must have a Ph.D. to become a physical therapist.
PhD is not the same as a doctorate
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
I know a doctor that got almost a 550k student loan. But got a good deal with federal that you work for 10 years at the hospital, your loan will be completely wiped out at the 10 year marked, and just minimum monthly payment for 10 years. The bonus is that covid hit and in the last 3 years, there was no need to pay for student loan and the loan forgiveness deadline is still the same.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
Lol look up how many people that plan has worked for?!? Less than 1%. If he was smart he would be paying those loans off.
They can’t the student loans were sally mae lol not federal
PT in the ER. Maybe delivering door dash.
Best of luck to the caller! I’m going to have to listen to the call again, but I don’t think the fiancé’s perspective on her debt was addressed. Is she on the same page to attack this debt? Family’s poor relationship with money was mentioned, but nothing else. I hope they are both on the same boat and get through this as a couple. From my perspective, he sounded sad and stressed so I hope he’s not the only one seeing the issue for the sake of their relationship. It can be done, but it will require a lot of sacrifice from both parties. Best of luck to him!
Exactly. I think he should hold off on marriage until he sees how serious she is working to get rid of HER debt. They don't need to rush into marriage and if she is in a rush then you have to wonder why.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
Currently a travel PT and looking to pay off loans mid 2024. Might be hard to find, but there are cases in places that really need help where you both could travel to 1 place together. Typically rural or less desirable areas to live, that has potential to get you to 250k a year for both of you total if a place will extend to a year. Probably the fastest option IMO
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
Between my wife and I, we started with $620,000 in student debt. We paid down about $300,000 but after mortgages we now owe about $1,200,000 in total personal debt 💪💪💪
Wow 😅
you got this.
you're a winner
@@mcdizzle7656I must disagree with you
@@ihaveadreamformykids4400🤷♂️
Wasn't there a repayment plan BEFORE taking out the loans? You need to plan that out just like you plan anything else. This debt should not be a surprise. It's just a lack of planning that's catching up with them.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
I am a PT. I have my own Company earning 400k after taxes
Marriage isn’t the answer right now. OT and living with mom and dad is.
Beans and rice have entered the chat
He said that he graduates in 2 years… that would be the time for her to travel and work 24/7. And have a part time job helping people in their homes. He gets a part time or full time job while in finishing school.
Crazy that they got degrees and debt at $400k to make $70k when a production supervisor in my company makes $85k with a HS degree.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
@@Jerome-sd1el JESUS CHRIST IS LORD
@@born2win262Amen 👏
I make way more than they do and I'm a high school dropout, no college at all. Why do people do this to themselves?
So is my b/f! He works circles around these egg heads. He is a EDM!
You are very smart, wish I would’ve thought like this
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ....... .........
Im a PT that quit new grad job because I discovered dave ramsey. I paid off 100k in 5 years because i did 2 years of travel PT and then went crazy on the debt. 300k is wayyyyy too much for the amount of money we make. 😂 they're gonna need a floatie cuz theyll be swimming in the ocean for a while 😅. Wait until they call in 3 years that they bought a house with that debt. I've worked with other therapists that live like this. I could NEVER
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
This show is like the Jerry Springer of finances via Zoom
😂😂😂
Without being via Zoom.
The one medical degree that i do not recommend is PT- way to expensive for crap money!! My son in law is in this exact scenario.
Dave: "Embrace the suck, man! Lean into it!"
Me: "OK, Dave! Been doing this my entire life!"
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
Do you have a good argument for this?@@Jerome-sd1el
Dave Ramsey is the mannnnn
If they are putting $100K per year on a $400K debt, it’s going to take longer than 4 years.
And hes still taking loans for 2 more years
They sure aren't putting anything on it the first year considering they are saving up for a wedding. LOL
Just don't eat and drink and live on the street for 4 years and you can do it 😂
For a financial advisor, Dave is WAY off on his payoff time estimates. If they are making 150K per year, that’s like 110K take home. They couldn’t pay this off in four years if they put 100% of their take home pay on the debt. Not to mention, he advises giving the Church 10%, but he never figures that into these time estimates either…
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
I'm so glad we went gazelle intense for a long long 56 months, paid off all our consumer debt and mortgage. We cannot look back at that time of misery and not praise The Lord that we did it and now at Baby Step 7 have so much less stress in our lives. And because it was so bad, we would never put ourselves in the position of losing control over our finances ever again. Sometimes hard lessons are the ones that stick.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... .........
This guy is such a white knight! Be careful brother after you're done paying for her student loans...
She’s gone 😂
Our nephew was married to a woman who had major student loan debt for undergrad. He helped pay down her debt, and went on to pay for her master's degree. He even bought her a new car as a graduation gift. She filed for divorce as soon as he paid off her debt. She ended making a larger salary than him - yet, wanted him to pay alimony plus child support for their 2 kids. Fortunately, he had a great attorney but it cost him major $$$ - don't go cheap on a good divorce lawyer.
@@MJ-gw8mn Bingo!
she'll be in search of "better options" as soon as it's paid off
@@fsmoura As in Mrs. Dr. X, no doubt
I’m a fan of how Dave can look at a situation empathetically, and yet still be effective when creating a financial strategy.
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
I dropped out of college because after 4 years of changing my major like 3 times my parents didn’t want to finance the cost anymore and I didn’t want the debt… I got a job working for a medium sized business as a QA Lab tech and my current pay is actually ABOUT THE SAME as an average college graduate with a BS/BA in biology…. I want to go back to school but only after I complete my FIRE retirement plan… I already payed off my house before I became 40… So technically speaking, my finances is equivalent to a “normie” pharmacist/veterinarian/PA or NP (pays for mortgage/rent, student loans).
What I leaned was that it’s not about how much you make, ITS HOW MUCH YOU GET TO KEEP that actually matters as far as finances.
My USDA friend who has only a HS education did FIRE with 10 properties and he has a bigger networth than most of his bosses (USDA veterinarians), he has retired now and travels the world.
Please consider putting numbers on screen for all calls
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wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
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I find that to be crazy that these people are almost $400,000 in debt and still decide to spend 10000 on the stupid wedding shaking my head!
They have no logic and common sense. Bad combo
Preach.
I hope they get some sense knocked into them. I wonder if this guy knew aboit the debt when he initiated this with her! Might take them 5-10 years to clean up this mess depending upon how they behave moving forward! But like you said, the fact that they are spending 10k on the wedding, doesn't give me hope!
I started a new job 6 months ago and the first thing my bank did was offer me a $2500 credit card. I laughed to myself and rejected the application haha
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........
Oh I completely agree@@Jerome-sd1el
Married 40 years ago at the courthouse. Paid for a really nice dinner for 25 family members and a few very close friends.
Aww, Dave offered some variety-tunafish and ramen!😂
LMAO, it's getting rough out here...need the extra carbs and protein!
Thanks but I’ll stick with my peanut butter and jelly sandwiches 😂
In the name of Allah, I invite you to worship Allah alone, so say: I bear witness that there is no god but Allah and I bear witness that Muhammad is the Messenger of Allah. These words make you a servant of Allah ... ...... ........ .......
I love this channel so much. Every time I am depressed about my life I listen do these people and have a great laugh and feel much better about myself😂
Even if they put 20K-30K a year towards this which is probably all they will be able to afford to do this will take them around 20 years to get all this cleaned up. 10-12 if they live on nothing for a decade straight which not many people can do.