How Student Loans are like being a California or New York resident
Play episode · 51 min

From the perspective of what you’ll have to pay on your student loans, the worst that can happen isn’t any different than being a resident of California or New York City. Student loans aren’t a debt sentence. If you have a plan in place, life can be pretty good with student loans. I explain why student loans are like a tax, and also answer a few listener questions about student loans.

In today’s episode, you'll find out:

  • Listener question: Should you take out the max student loans this year?
  • Listener question: How to refinance as an international student?
  • The wage gap between college graduates and non-college graduates
  • Why college demand has gone up in the last 10 years
  • How the federal government is driving up the cost of education
  • How the cost of living in California and NYC is the same as paying on student loans
  • Why I think the tax bomb will be eliminated someday
  • How someone with $250,000 in student loans is better off than someone who’s mom or dad paid for their education completely
  • Why your student loan debt is like a tax and not a debt

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Feeling helpless when it comes to your student loans?

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