Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Dr. John Deloney

👤 Speaker
14411 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

You make $125,000 now, $150,000 now. When you walk across the stage with an MBA from a top 20 program and you circle back to be a project manager at some of these firms that you're working at now, are they going to pay you $300,000? Are they going to pay you $450,000? What's the ceiling for you then?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

You make $125,000 now, $150,000 now. When you walk across the stage with an MBA from a top 20 program and you circle back to be a project manager at some of these firms that you're working at now, are they going to pay you $300,000? Are they going to pay you $450,000? What's the ceiling for you then?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Because I've talked to a lot of students on the front end of grad school, man. They're like, no, no, no, when I get out, I'm going to make $140,000. And then I say, just go look at the market. And they're like, oh, man, $75,000. So what makes you confident?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Because I've talked to a lot of students on the front end of grad school, man. They're like, no, no, no, when I get out, I'm going to make $140,000. And then I say, just go look at the market. And they're like, oh, man, $75,000. So what makes you confident?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Because I've talked to a lot of students on the front end of grad school, man. They're like, no, no, no, when I get out, I'm going to make $140,000. And then I say, just go look at the market. And they're like, oh, man, $75,000. So what makes you confident?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Because that's a marketing tool that a school is going to put on their website. Here's a couple of things they can factor in. Not always, but sometimes. One, they may give you the average salary of those people who got jobs. And they don't address the folks who didn't get jobs. The other thing they may do is say, here's the average salary.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Because that's a marketing tool that a school is going to put on their website. Here's a couple of things they can factor in. Not always, but sometimes. One, they may give you the average salary of those people who got jobs. And they don't address the folks who didn't get jobs. The other thing they may do is say, here's the average salary.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Because that's a marketing tool that a school is going to put on their website. Here's a couple of things they can factor in. Not always, but sometimes. One, they may give you the average salary of those people who got jobs. And they don't address the folks who didn't get jobs. The other thing they may do is say, here's the average salary.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

What that doesn't paint is I could right now put on a piece of paper, the average graduates from my PhD program make X. But because I work not as a day-to-day therapist, but because I'm working where I work now, and I've got two best-selling books under my belt, I would drag that average way out of whack. And so it would say, man, the average graduate makes this much money. Holy smokes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

What that doesn't paint is I could right now put on a piece of paper, the average graduates from my PhD program make X. But because I work not as a day-to-day therapist, but because I'm working where I work now, and I've got two best-selling books under my belt, I would drag that average way out of whack. And so it would say, man, the average graduate makes this much money. Holy smokes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

What that doesn't paint is I could right now put on a piece of paper, the average graduates from my PhD program make X. But because I work not as a day-to-day therapist, but because I'm working where I work now, and I've got two best-selling books under my belt, I would drag that average way out of whack. And so it would say, man, the average graduate makes this much money. Holy smokes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And you go do that. And that would not be representative of what most people make. That's number one. Here's number two. I heard a little inkling of this. If you're bored at your job or you're just done where you work, before you take two years off, and by the way, I'm as pro higher ed as anybody in this building, right? I'm as pro go get a free MBA. If you can get that, that's a great credential.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And you go do that. And that would not be representative of what most people make. That's number one. Here's number two. I heard a little inkling of this. If you're bored at your job or you're just done where you work, before you take two years off, and by the way, I'm as pro higher ed as anybody in this building, right? I'm as pro go get a free MBA. If you can get that, that's a great credential.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And you go do that. And that would not be representative of what most people make. That's number one. Here's number two. I heard a little inkling of this. If you're bored at your job or you're just done where you work, before you take two years off, and by the way, I'm as pro higher ed as anybody in this building, right? I'm as pro go get a free MBA. If you can get that, that's a great credential.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

But if you're just bored at your job, you're done with it, if you're already pulling 125, 150, I think you've got the skills to go be a project manager somewhere right now. And so it's worth at least having one or two conversations with real people out in the field, my brother. But yeah, all things considered, if y'all can float it for two years, go get that free credential from a top 20 school.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

But if you're just bored at your job, you're done with it, if you're already pulling 125, 150, I think you've got the skills to go be a project manager somewhere right now. And so it's worth at least having one or two conversations with real people out in the field, my brother. But yeah, all things considered, if y'all can float it for two years, go get that free credential from a top 20 school.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

But if you're just bored at your job, you're done with it, if you're already pulling 125, 150, I think you've got the skills to go be a project manager somewhere right now. And so it's worth at least having one or two conversations with real people out in the field, my brother. But yeah, all things considered, if y'all can float it for two years, go get that free credential from a top 20 school.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

No concerts, no restaurants. You can do this. This show is sponsored by BetterHelp. All right, you've heard me say it a thousand times and I'm going to keep saying it. You're worth being well. And listen, therapy can help. I see a therapist, and let's be honest, a lot of you should too. But let's be real. Taking that first step to see a therapist can feel overwhelming. Maybe it's the time.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

No concerts, no restaurants. You can do this. This show is sponsored by BetterHelp. All right, you've heard me say it a thousand times and I'm going to keep saying it. You're worth being well. And listen, therapy can help. I see a therapist, and let's be honest, a lot of you should too. But let's be real. Taking that first step to see a therapist can feel overwhelming. Maybe it's the time.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

No concerts, no restaurants. You can do this. This show is sponsored by BetterHelp. All right, you've heard me say it a thousand times and I'm going to keep saying it. You're worth being well. And listen, therapy can help. I see a therapist, and let's be honest, a lot of you should too. But let's be real. Taking that first step to see a therapist can feel overwhelming. Maybe it's the time.