The WORST Financial Situation Caleb Hammer Has Ever Seen (Sad)

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Video From ► “This Keeps 99% Of People Broke!” How To Get Rich - Caleb Hammer

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I remember the episode he’s talking about, the womens mother died suddenly when she was a child and left her daughter money earmarked for her education and the father was the steward of the money until she became of age. The father, knowing he already blew all the money, insisted she take out loans for a top private school. The dad is a walking disaster and the daughter had to learn the hard way!

Sunnydaysarehereagain
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$150 000 loan to study SOCIAL WORK? This is a scam that needs to end.

spookyu
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"I hate when I care more about their situation than they do."

You nailed that one! That's not a good headspace to be in. It's infuriating and depressing. It took a long time for me to break the habit I made of it. Caring people fall into that trap A LOT!

UNIT
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I don’t think he is mean. He just understands people won’t take their situation serious if he sugar coats everything if he handles them with gloves.

dagmar
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When my wife was going to nursing school, the local hospital paid her tuition because they needed nurses so badly. We need more of these type of arrangements. Airlines are so desperate for pilots they’re awarding them huge bonuses to sign on which they use to pay off student loans.

Parkie
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I knew it, Caleb definitely helps people after the episode even if he doesn’t say it. He seems like such a good caring dude.

jaysav
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I’m sorry that girl is embarrassed to be associated because I think her experience is so important to share. Money lending is a slippery slope that 18 year olds are not prepared for. Financial literacy should be part of primary education curriculum. If you take art classes for 12 years you should also be taught finance.

caitlankelly
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Everyone saying don’t blame the schools is deliberately blinding themselves. No, the schools are not to blame for the individual situations these people are in, but the schools are to blame for building a system that overcharges for education and ultimately leads to less people in workforces we desperately need.

blackbannanas
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The worst part of my social work education was that they EXPECTED you to stop working while you were in your internship. There were people that had entire families to feed and they were expected to only focus on school. I worked in a group home for mine and it was one of the worst experiences I've ever had. Which for me says ALOT (I've had many horrific jobs)

madz
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“Not every single college in the United States needs to offer a music degree or art degree” is a fantastic point

iwinyoulose
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I had no idea he helped as much as he did financially. Its a truly kind thing to do he hass no obligation to do any it at all. I hope thats the boost these people need to find their success, and not no one takes advantage of him for it

As far as Caleb "yelling" is concerned, yes its part of the entertainment. But sometimes people just need cold hard reality before they decide to change.what

bountyofbeagles
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It's funny how i ran across Caleb's channel the other day but it definitely put a fire in me to finally clean off some debt I been trying to get rid of. People get embarrassed but that helps them to also change to be completely transparent. Keep up the great work Caleb.

RedDawg
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This man has helped sooo many ppl. I literally started takling my debt because of him. No lie i felt personally attacked but it is paying off ❤

jenrhemgotcha
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Absolutely love Caleb, he’s the stern fatherly voice of financial reasoning that a lot of people need. 100% a fan

ExoRifleman
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The removal of sfudent loans from bankruptcy protection was removed by Bush Jr. by the way. But he still allowed businesses to renegotiate pension obligations by businesses. You can thank him and folks like him.

gobot
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Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan, Caleb this, Caleb that 😂 💕

gregoryflot
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Damn caleb is a real stand up guy helping people get into better situations

ElleBee
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Forget the music or arts degree, I was a business major and my class's graduation rate was 51%. That means 49% of my graduating class racked up college, debt but didn't get a degree to show for it.

TySchmidt
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3:23 they called it out right there, there’s so much bureaucracy and layers of management in a university, very similar to a corporation

admintuning
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College is expensive but 100% financially worth it if you get a useful degree. The real scam is that finance isnt taught in highschools then your expecting a 17 year old to be able to comprehend college as an investment and not just something your supposed to do.

thekrustychub