Dr. John Deloney
👤 SpeakerAppearances Over Time
Podcast Appearances
Here's the thing, you have run up against a hard truth, and this hard truth is math. And I know you want to honor your mom and dad by doing whatever they say and carry their dreams forward. I get that. And I know that's a hard thing that George and I are asking you to do. And I know you want to stay in New York City.
Here's the thing, you have run up against a hard truth, and this hard truth is math. And I know you want to honor your mom and dad by doing whatever they say and carry their dreams forward. I get that. And I know that's a hard thing that George and I are asking you to do. And I know you want to stay in New York City.
And I know that you want to make sure that you don't make your mom stressed out with her worrying and all this stuff. You have a math problem, a very serious math problem. And that is you owe the United States government $230,000 and you make $50,000 a year. It's just a math problem and it's catastrophic. It's really tough.
And I know that you want to make sure that you don't make your mom stressed out with her worrying and all this stuff. You have a math problem, a very serious math problem. And that is you owe the United States government $230,000 and you make $50,000 a year. It's just a math problem and it's catastrophic. It's really tough.
And I know that you want to make sure that you don't make your mom stressed out with her worrying and all this stuff. You have a math problem, a very serious math problem. And that is you owe the United States government $230,000 and you make $50,000 a year. It's just a math problem and it's catastrophic. It's really tough.
And so you're going to have to get serious about where can I live where my cost of living is as low as humanly possible? And what job can I get? Can I find a rural hospital that will pay me 100 grand to be an administrator at a small hospital so that I can get to pay in the stuff? I mean, you're gonna have to think very radically.
And so you're going to have to get serious about where can I live where my cost of living is as low as humanly possible? And what job can I get? Can I find a rural hospital that will pay me 100 grand to be an administrator at a small hospital so that I can get to pay in the stuff? I mean, you're gonna have to think very radically.
And so you're going to have to get serious about where can I live where my cost of living is as low as humanly possible? And what job can I get? Can I find a rural hospital that will pay me 100 grand to be an administrator at a small hospital so that I can get to pay in the stuff? I mean, you're gonna have to think very radically.
And you might tell your parents, I'll be back in five years when these loans are gone. And God help you if you sign for a mortgage or something like that. I mean, you can't. You can't afford that. You know what I mean? Have you started having to make payments yet?
And you might tell your parents, I'll be back in five years when these loans are gone. And God help you if you sign for a mortgage or something like that. I mean, you can't. You can't afford that. You know what I mean? Have you started having to make payments yet?
And you might tell your parents, I'll be back in five years when these loans are gone. And God help you if you sign for a mortgage or something like that. I mean, you can't. You can't afford that. You know what I mean? Have you started having to make payments yet?
Uh-huh.
Uh-huh.
Uh-huh.
They're changing every program. And you don't know this, but we've been telling people for years, don't count on the federal government coming to your rescue on these loans because you never know what an administration is going to do. And then here we go. We've got a new administration that's cutting everything. And so, yeah, man, geez, I'm sorry.
They're changing every program. And you don't know this, but we've been telling people for years, don't count on the federal government coming to your rescue on these loans because you never know what an administration is going to do. And then here we go. We've got a new administration that's cutting everything. And so, yeah, man, geez, I'm sorry.
They're changing every program. And you don't know this, but we've been telling people for years, don't count on the federal government coming to your rescue on these loans because you never know what an administration is going to do. And then here we go. We've got a new administration that's cutting everything. And so, yeah, man, geez, I'm sorry.
I think you need to stop talking to people. Yeah, stop talking to people. Stop talking to people.
I think you need to stop talking to people. Yeah, stop talking to people. Stop talking to people.
I think you need to stop talking to people. Yeah, stop talking to people. Stop talking to people.