7 | The Real Reason Student Loans Are a Problem - That No One Is Talking About

2023-03-15

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When it comes to student loans it's easy to strictly think about the financial side of the equation. Most people, especially those who are currently repaying their student loans, understand the financial burden. It's far easier to run the numbers and see how student loans hurt your ability to save and build wealth. But what about the emotional burden of student debt on borrowers? What impact does student loan debt have on your health and ability to reach life milestones? We’re your hosts Rebecca Brooks & Dylan Pollock - husband and wife - in work and in li...

We’re your hosts Rebecca Brooks & Dylan Pollock - husband and wife - in work and in life. In this episode we discuss the biggest reason we feel that student loan debt is such a problem - that no one else is really talking about. That is the mental, emotional and physical burden of having student loan debt. We dive deep into our personal stories with student loan debt, and share why we believe it’s so important to make a plan to pay off debts that are holding you back as soon as possible.

TIMEMARKS:

Our stories with student loan debt
- Dylan’s Story
- Rebecca’s Story
Making Big Financial Decisions, Without a Financial Education 9:15
The Hidden Costs of Student Debt 11:13
Delaying Life Milestones 12:23
What if you Pay off loans and they are forgiven? 14:54 (edit depending on ruling)
If you owe more than forgiveness 15:42
Take control of your student loans 17:12
Tax Bombs 19:19
After the debt is gone 20:37
Building Wealth While in Debt 22:38