n this episode of the Get Out of Debt Guy podcast, Steve Rhode and Damon Day dive into the persistent and evolving issue of federal student loans. They highlight the cyclical nature of personal finance topics, emphasizing the unchanged fundamentals of money management. The discussion pivots to the Biden administration's SAVE program and its current limbo status, shedding light on the instability of federal student loan policies. Steve and Damon underscore the systemic flaws in the education financing system, advocating for smarter, debt-free alternatives for prospective students. They criticize the government's role in inflating college costs through guaranteed loans and propose a radical solution: making colleges guarantee the loans themselves. With personal anecdotes and a dose of humor, they offer practical advice for avoiding the pitfalls of student debt, stressing the importance of financial planning and vocational education as viable paths to a stable financial future.