His Fiancée Wants To Take Out A $200K Student Loan. Shocked Dave Ramsey Says, 'You Do Know Who You Called, Right? Takes My Breath Away'

Core Insights - The discussion highlights the risks associated with taking on significant student loan debt, particularly in the context of starting a family and pursuing a demanding career path [2][3][5] Financial Implications - The caller, Josh, and his fiancée are facing a potential $200,000 in student loan debt for a certified registered nurse anesthetist program, which could lead to a significant income increase from $70,000 to approximately $200,000 annually [2][3] - Ramsey emphasizes that the assumption of guaranteed success in completing the program is flawed, noting that historically, 100% of individuals who start such programs do not graduate [4] Personal Finance Advice - Ramsey strongly advises against incurring debt for education, especially in the context of imminent marriage and family planning, suggesting that they should seek alternative funding options [5] - He shares a personal anecdote about his own financial struggles due to unexpected circumstances, reinforcing the unpredictability of financial commitments [5]