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A moment to customers good question aren't -- is in Dallas Texas hi Laura welcome to the Dave Ramsey show how Dave hey what's up.
And I have a question I just graduated.
-- a couple of about a month ago and graduation what -- you graduate him.
Communication studies and psychology cool from where.
And Texas Christian University slope are all right how can I help.
And I think.
I just graduated and I am blocking out of there with a diploma and -- -- 5000 dollars in -- holy Moly.
Yeah and that they get better.
Am also just spend and I'm gonna go to grad school and their painful moment tuition all must be there even giving me as -- of 800 dollars a month -- thank.
And -- state university.
OK so they want you to -- you're Smart you that he couldn't they wanted to be there I'm going to be there.
That it part of it is is it working its current -- I'm working for them -- bet I can't -- up at 800 dollars a month deployment having.
Why now and I have a car payment and I'll let alone well how they sell the car.
-- -- -- -- -- -- -- -- -- -- -- broke college student with 55000 dollars in debt.
Yeah so were you living.
And current clear where where would you be living in you know -- -- on campus housing cheaper than that.
Well uncovers nothing isn't secretly kicker for me to get kids that are -- -- which is what I'm planning on doing the group.
And Clinton the other BI about Port Arthur monk -- the campus housing and you get about 200.
Relying only and you got 800 so you got 600 that you left.
So it -- so and the problems where.
Who the governor I'll let your car -- -- and already you have an accepted that but I did it.
-- -- -- out like I don't believe it the.
Well listen here's the situation you're gonna go into student loan debt to -- car payments otherwise.
This is not logical with 55000 dollars and that.
OK I mean that's how went to that decision so quickly coming on though it Kutcher throat when I did that I know you're bleeding right now.
Who but it's hard.
But that is just a stupid car.
Really and you know if if people are impressed by what you drive because you got a student loan to pay the payments I'm -- -- that's not logical.
And you can make it through all 800 barely may -- and may be you can work some weekend jobs.
Yeah you know and supplement that but you can't do all that with a two or three -- -- dollar car payment I agree with you on that part.
So I'm gonna live like nothing because honey you're in a deep hole now it and you know -- wanna come out with 85000 dollars a student loan debt.
You know -- lost part of her life that way.
I'm trying to figure out how do you attribute -- like you know if that can will click.
Well after you get out you're gonna do nothing except pay on student loans for -- -- So your -- your gradual works and what field of study.
Organizational communication we'll look at.
Troopers are gonna get a masters.
I'm gonna get and that's basically good for you -- and and the field if you think you're going to enter is there do you have a pay scale where you think you're gonna land.
If it doesn't he startled who couldn't and so if you're used to living on 800 a month wink nod okay.
And you come out you start making seventy how quickly could we -- -- 55.
Pretty easily in two years -- we make that our life's goal.
And don't go by 63 things as soon as we graduated right.
And that's the temptation and that's the mistake people make and then I'm talking to them when they're 36 still paying on that 55000 arsenal of and so you know ten years later in other words after graduate school.
So I -- all about -- than it now so I don't have the burden later.
And that's why app which all Roman noodles and tuna fish living and you know shared apartment driving a beater to get the grad school -- -- got the blessing of them paying for for -- And then get -- a great weekend gig as a nanny and make another thousand dollars a month working every week in.
And you know you'll be really sit -- for sitting pretty well if you get rid of the car.
So I know I'm challenging your paradigm but I wish I had gotten to you before you're 55 -- in the hole to make you think the same way.
And if you don't do that you're going to live with a lot of regret.
-- that always works in the short term and it's never a good long term plan and that's.
That's what you're facing now so some challenging thoughts for you good luck with list.
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