Dave Ramsey Rant - Don't Be STUPID About How You Pay For Education

Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!

Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!

Ramsey Network (Subscribe Now!)

• The Ramsey Show (Highlights):

[gigi]

Parents need to start a college fund as soon as their child is born! You can save a lot in 18 years people!!!

[Babugee]

😂 LOL at the way that he said dentist. I'm glad that I watched the other video first.

[dextermorgan]

I wanted a degree in left-handed puppetry. 😥

[TheRamseyShow]

Thanks for watching! Don't forget to push that subscribe button to get the latest highlights from the show.

[slhines]

The real problem is the fact that tuition costs have increased over 900% since 1982. The whole student loan business is a complete racket unless it is from a community college or trade school.

[Hotnik]

my favorite video yet!i could not agree more...sometimes education is highly overrated

[oliden]

There is nothing wrong with being a dentist, it is the school you choose/get into. State schools do not cost $480k. Why choose private education when after the schooling you have to pass the same state board as the state schools?

[dannysinghstudentsfinances]

Try to apply for jobs with colleges near your area, where you are currently attending, or where you would like to attend. Go onto the online human resources page of each college (like FSU, USF, UF, Stetson). If you get hired then you may get free/reduced tuition (employee benefits package). Also, ask if you can use some Master's degree courses towards your Bachelor's degree (some programs may allow this).

[ImprovementisGrowth]

Dave is talking common sense. Please listen future dentist and all other wanna be doctors.

[dannysinghstudentsfinances]

Please only accept subsidized loans (accumulates interest AFTER graduation). Try to avoid unsubsidized loans (accumulates interest Everyday and After graduation). Deduct interest from taxes. Please avoid paying out-of-state tuition, private student loans, and for-profit colleges like Everest & ITT Tech. Community college classes Will transfer to 4-year institutions. To get more aid, prove struggles of parents (or yourself) to financial aid office: Foreclosure, repossession, bankruptcy, debt settlements, separation, divorces, death, new child, hospitalization, unemployment, reduction in income, food stamps, failure to pay taxes, wage garnishment, incarcerations, terminal illness or condition, etc. Choose credit unions. Banks are for-profit. Do not drop out of college = Less likely to repay debts.

[Thestarvinstudent]

You nailed it Dave! Generally speaking we Americans justify stupid decisions based on education costs relative to its market value.

[colinsznaider]

New York University now offers free medical school tuition, now and forever. Try to go there future doctors.

[Tundra]

I choked. Got a bachelors in psychology

[kingherakles]

So what you are saying is blame the person not the institution that is charging the ridiculous tuition rate? That's just blaming the cow when the milk goes up $3.00, without looking at the farmer or the economy

[CitizenofDystopia]

Not everything said here is incorrect, but there are loan forgiveness programs that you can take advantage of if you'll be a dentist or physician where the math does make you come ahead. For example, 1/2 million in debt for medical school. Then you do 10 years paying 15% of your 200k income then get loan forgiveness, that's still coming out ahead.

[samplautz]

My university is 19k a year, and that's without any scholarships. Yes it's expensive. And also I am going to school to be a pastor and no I don't get a pass on math.

[drummergeorge]

phd > life.

I'd love to be called Dr. Drummergeorge in 7 years when I get my certification + the $$$. Man, 2025 will be so good for me.

[RLWSNOOK]

Dave likes to rant about doctors. Here are the facts. Assuming you make the 25% percentile meaning 75% of physician's make more than this here are the actual numbers by specialty for 2016 not what Dave thinks they are but actual national numbers. Allergist: $260k, cardiology $481k, dermatology $346k, family practice $188k, Geriatrics $188k, Internal med $198k, OBGYN $187k, Ophthalmology $307k, Pediatrics $186k, Podiatry $185k, general surgery $337k, Orthopedic surgery $445k, Urology $362k.

Taking out debt to become a doctor isn't as stupid as dave makes it sound. As he doesn't even know the actual numbers of salaries. He uses anecdotal evidence and always ignores what people say they are going to make. MY wife is a pediatrician, I can confirm the salaries, I can also tell you that if you are willing to live in more rural areas you can make far more. My wife has had multiple offers of jobs making $300k+ with $100-$200k in signing bonus (mainly for student loans) assuming you work there 5 years. Dave ignores these things as doctors don't fit his demographic of who he can help

[rachelt]

Been searching and waiting for a video directed towards kids who's are broke who want to go to school.... help us...

[BradColemanisHere]

I'm looking for a video that talks about how to pay for medical school if anyone knows of one.