I met someone very similar to this in a Dave Ramsey “Financial Peace “University”” course a couple years ago. She was 150k in student loan debt for some useless degree.
When it came to part of the course about “paying it forward and charity” AFTER you yourself are out of debt, she was pouring on the tears about how nobody told her how much debt she owed and *gasp*; there would be interest on it. She ran out her deferrals; or at least she said she did. I was pretty convinced she was trolling Dave Ramsey courses looking for a handout seeing that excellent display of acting at just the right time.
I simply told her she would get it paid off, because the Treasury would be leaning on her very soon.
BTW, it was a great course if you follow the simple steps. It got me out of 50K of overall debt and I live debt free today (and yeah, it took a few year of snowballing debt, etc.). If I can’t pay for it with cash, I probably don’t need it or I need to save more. Wouldn’t dream of touching my emergency fund these days; took too long build that up.
I love Dave Ramsey - I would love to see this girl call him. I’m shocked at the number of kids that fall into student loan debt (my kids went to Community college). Congrats on being debt free !!!
Thanks for the FPU recommendation.
(Another FPU grad.)