Finance Fundamentals

Ep. 9- The Student Debt Crisis


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When we set our sights on our dream college, student loans are something we so quickly agree to, but 17 and 18 year old "adults" don't understand the debt they are taking on or the ramifications of living out of their means. Maybe you have debt and it is too late. Let's chat about some tools and strategies you can utilize to better understand your student loans and pay them off more quickly, as well as some history behind where student loans originated and the crisis it has created in the United States.

If you need some student loan payoff calculators, I like: 

  • https://www.nerdwallet.com/article/loans/student-loans/student-loans-extra-payments
  • https://www.bankrate.com/calculators/college-planning/loan-calculator.aspx
  • If you want to better understand amortization and your mortgage, check out this link: https://www.investopedia.com/terms/a/amortization.asp

    Special shoutout to listener Ian L. in Utah for sending in the idea for this episode. We appreciate the support. I love feedback, comments, and questions and will be incorporating those into my future episodes. Please consider sharing this show with a friend or colleague. This community can grow and support one another. We all have unique investment strategies and experiences. Follow and contact me on Facebook, Twitter, Instagram, Email, and more: linktr.ee/FinanceFundamentalsPodcast

    The show is written and edited by me, produced and edited by Daniel Ryoo. We work hard to ensure these episodes sound great for you. New episodes launch every week. Check back for Episode 10 on Thursday 4/22/21 to listen to my interview with Marc Ezzi, a real estate investor. Check back for Episode 11 next Tuesday 4/27/21. There is a lot to learn, but we work hard to discuss complex financial topics in an easily understood manner. Finance doesn't need to be pretentious, and you don't need to be an expert. Every little bit you can learn helps you save money and better understand where your money is going.

    Take 20 minutes out of your week to listen to these podcasts, and you won't regret it! Please consider leaving a review on Apple Podcasts. It helps others find the show and see your thoughts.

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    Finance FundamentalsBy Dustin Dubay

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