What No One Told You

About Student Loans

CHAPTER 7, LESSON 3

NAME DATE
Michael. Rivera-Matos 3/13/24

DIRECTIONS
Listen to Episode 1 of the Borrowed Future podcast (www.ramseysolutions.com/debt/borrowed-future) and
write your responses to the questions below.

Before You Listen

1. Many people say that student loans are “good debt” because they’re an investment in
your future. Have you heard this before? What are your reactions to this argument?
people believe that taking on debt to pay for education is generally considered "good debt"
because more education can raise your future income.

While You’re Listening

2. Write down your thoughts, lightbulb moments, and reactions as you listen.
The price of tution has increased because students belive they can take out as much as debt in
order to go to college.there are ways to pay for college without student loans,however many
believe do not believe so.Make sure to have a plan for college and be ready to follow it.

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 What No One Told You About Student Loans
CHAPTER 7, LESSON 3

After You Listen

3. Let’s go back to that question from before this episode. Has your opinion about student
loans changed? Are they “good debt”?
I do not believe there is "good debt",because while taking student loans can help you gradute
college in order to get the job you want,if my career isn't sucessful,you'll have to pay tons of debt
due to loans.

4. Remember Terri? She’s the graduate from this episode whose initial $15,000 student loan
debt has grown to $65,000 because of interest. How does her story make you feel?
It makes me feel scared,because it turns a small loan into something bigger just becaus eof
internest.

5. Some people think going to college debt-free is like trying to climb Mount Everest. Do
you think it’s possible to go to college debt-free? Why or why not?
I believe it is possible to go to college debt-free.there are many ways to be able to pay off college
debt like scholrships,fincial aids.

6. What is an important key point you want to remember from this episode?
You should not relay on student loans in order to go to college,try to find another way to go into
college.

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