Candace needs to worry about getting a higher income rather than the movie - she doesn't need a degree to be a filmmaker, especially not at this insane cost. She doesn't have room in her finances to take a chance on this movie production - it's like buying a lottery ticket as a retirement plan.
the movie isn't real dude. its a thing you create in your mind so you can hold onto reality and keep sane. that movie is not going to come out, we know it, she knows it.
Well, a movie about being in and getting out of debt to help pay for her getting out of debt sounds about right. Like those websites that talk about earning extra money on the side and their suggestion is to create a website with affiliate links or sell an ebook (like they did when writing that blog post/ebook about making money on the side). Make money writing about making money off of your writings about making money.
As someone who works full time in the Video Production business, i went to a community college and aquired zero debt. what i quickly realized was that college is NOT how to get into this line of work!!!! DO NOT GO TO COLLEGE FOR FILM!! you start at the bottom and work your way up, im now 21 making just under 50k with no debt.
I know right! For $200k you could get get a full RED package, lights, sound, and basically a small production business. She could be doing commercial work by now for $1500-$2500 a day.
No joke, I’m going to community college for digital media and went to technical college for television production and will never go into student loan debt because it’s completely idiotic to go to college for film. Experience and connections are more valuable than a degree in this field of work for sure. GO TO A VOCATIONAL / TECHNICAL SCHOOL FOR VIDEO PRODUCTION YOU WILL LEARN EVERYTHING THERE FOR FREE
I was 18 when I asked my parents to teach me about money. They said "now is not the time yet" 12 years later and that conversation literally never happened. Still learning the hard way. It is so important to teach your kids about money!
Dannyy Flex Good plan, brother. What's your rate? Former submariner here, been out for two years now. The military is a great way to find yourself and still make a decent living.
don't go to college straight from high school... there is no rush. Take a year or two... figure out what you want to do. 200k in debt... that's life changing forever
La La Land is a 2016 American musical romantic comedy-drama film written and directed by Damien Chazelle. It stars Ryan Gosling as a jazz pianist and Emma Stone as an aspiring actress, who meet and fall in love while pursuing their dreams in Los Angeles. John Legend, Rosemarie DeWitt, Finn Wittrock, and J. K. Simmons also star.
"No financial literacy?!" More like no literacy at all! She an idiot. I'm sorry to say but she has all the vague, buzzwords and phrases...she's living in a dreamworld. Maddening.
High schools, community colleges and universities need to make students more aware of how debilitating student loan debt is. This is a ridiculous and completely avoidable crisis.
What in the world does being black have to do with racking up student loans?? There are thousands of white people, and other races, that have racked up six figure student loans.... they call in to Dave's show all the time.
When she started murmuring about the years she spent on the movie when he brought up the possibility of the movie failing I knew she'd shut down and wouldn't accept help.
She's doomed. I direct marketing videos for Fortune 500 companies, and still I'm just barely making it. It's scary when I think that I'm one of the more "successful" ones who came out of film school at my time. There's virtually no money in indie film. I had a professor who has made 5 features, all of which have major stars and have grossed several million at the box office, yet she still has to teach in order to survive.
you must be living in some super expensive city then or get one or two directing jobs per month. If I was directing marketing videos I'd be making good amount of money
The film industry is really but really competative and takes alot of creativity and luck to make a film that will make millions. My advise is look into magical realism when planning to make a movie.
Content has become so cheap with the intro of streaming platforms, and the only thing that sells now are action hero movies with $100 milllion budgets. I still remember when movies cost $6 for a 1 night rental at Blockbuster and there wasnt immense competition from FB, Instagram, Twitter, UA-cam, etc which dominates screen time consumption at no cost.
Martin Williams - you really can't blame nor depend 100% on others while making your own pathway 2 success. You got to: watch videos like these to avoid errors...or at least have some sort of knowledge about financial literacy & learn from your mistakes as well as from other people's errors. She's been in school for 10 years...and still NOT one single degree to back her up or at least avoid working at a minimum wage job.
Amen! Young people are not capable of making the life changing decision of taking out massive loans. They have no clue of the ramifications. An adult should stop them. Once they have the debt, they have committed financial suicide and it's too late. People can blame the young people all they like -- the truth is their elders and the society has failed them by letting them do this.
+Martin Williams Glad to see thats all you got out of this. This is lady is delusional. No amount of help can fix this one. I just love it. Imagine all her life she's not going to amount for anything, then will decide welfare is the best career choice and have 23 kids (not including 4 still borns) While tax payers pay her bills and this loan will be forgiven. Then you realise she is the smart one.
No. They didn't set her up for failure. Her parents fell into the dreamer b.s.. She didn't have a network, nothing. A do it yourself ain't gonna cut it.
She could have formed a network for free at college by joining some clubs. I joined 3 or 4 different clubs and made friends with some people and one of those people helped get me a job later on. I consider myself to have messed up pretty bad because I never got into any internships while I was in college I still turned out better than this woman just by having friends. It will be hard for her since she only has 1 year left but she should be participating in clubs and activities and getting to know people so they can help her.
You can look up the trailer. Look up dust bunnies trailer. you'll see a black dude in a black coat. it's a movie about hair weaves for black women. it came out in 2019.
@@ES1Baller You can look up the trailer. Look up dust bunnies trailer. you'll see a black dude in a black coat. it's a movie about hair weaves for black women. it came out in 2019.
200k in debt, w/out a finished degree and the plan is hinging on the success of a movie that has the probability of success at a fraction of 1%. yes this seems like a well thought out reasoned plan
Some people will do anything, ANYTHING, to avoid working at a normal 9 to 5 job irrespective of who it hurts, themselves included. By all means have your dreams but have both feet planted firmly on the ground to avoid all kinds of disaster, financial included.
No, it makes sense. She starts, then can't afford it. Then stops, gets money, goes back in. Can't afford it again, stops. Rinse and repeat. Probably life and academic stuff happening in between as well. She also sounds like 1st gen college, so there's also a bunch of questions she didnt think to ask until it was too late.
@@aliefr2984 the "reschool" you speak of takes less than 6 months. And is nothing compared to the cost of say American medical school. So, if you're willing to travel and save money, all while learning another language in the meantime, the international may be the way to go. I fear alot of potential doctors are unaware of all of their options before they commit.
@@Phyoomz before they get reschool, they must wait. This waiting list is filled with politic, most of them need 2 year.of course my med school is local not overseas, so maybe I'm wrong
@@aliefr2984 Yeah, my buddy just really had to study for the MLE, then find a residency. He's an American citizen though. So he didn't have any issues with being allowed to stay in the country. I imagine things would be a bit more difficult for foreign citizens. Congrats to you on Med school btw! Gonna specialize in anything?
Yea 10 years to go to school, not even finished and the whole time she just ran up debt. Like if you take 10 years but work to pay for it yourself that makes sense, but now she's got an entire mortgage and car in student loans and she is 28 working an entry level job and she's going to put her money into a movie. Her college professors did her real good, this is what happens when you major in theater.
Go on entitlements and live off the taxpayers and never worry about any debt. Making minimum wage with $200,000 in debt without a degree. The school was probably a for profit school, the degree is worthless. She's been had.
I would tell her to finish her degree and teach English in China or something and forget about the debt. There is NO HELPING somebody with that much debt if they can't discharge it. People would say that's dishonest and wrong, but if it's between surviving or misery in debt, I would just leave the country forever.
Not really, if it was Oprah it would be a possibility.. They don't simply call Dave. They have screening calls and it's not live. Lol so trust me everyone knows what they are gonna be asking and what he is going to answer.. So no
@can you see me that is true. However the point still stands that these people prey on the vulnerable. It's no different than the fact that multi-level marketing companies Target the same kinds of people. College students, single moms etc. People who are gung-ho to jump in any chance they can to make an extra Buck or even have a promise of making an extra buck
@John Taylor A lot of veterans go to these for-profit schools because they're more convenient. They're not stupid. They're just trying to get a degree without disrupting their busy lives. You probably don't understand that because you sit at home all day leaving troll comments.
College tuition is crazy in the US. There need to be a cap on how much a school can charge and how much a person can borrow and how many credits you can take outside your major.
Why? Just don't make dumb decisions and the colleges will be forced to make tuition competitive. 2 years at a Community College and 2 years at an in-state school while working is quite doable. Or, stop with the govt. backed student loans which fueled the tuition bubble, anyone qualifies for "free" money!
Since when was it wise to go $200k in debt, drop out of college (without a degree, you have no way of having leverage in the job market), then settle with a minimum wage job!?? Her life is ruined-cringe!
Wow!!! $200,000 in college debt and 28 years old making minimum wage and chuckling (maybe a nervous laugh) about it over the phone, this lady doesn't have a clue, well maybe she does as she did call Dave. A degree in film and video I'm thinking that is another one of those worthless degrees that is not very practical. This lady hasn't even gotten out of the gate of life yet at 28 and already making some really bad mistakes, but we've all been there. Now that I think back 25+ years knowing what I know now I would have done things very differently, but we can't go back only forward. All I can do is try to steer my kids in the right direction and hope they will make much better decisions than this young woman caller.
the problem is that there are few schools (in LA and New York) where a film degree is worth it but only for the super talented. And even then you don't really learn how to make films (most people there know all the basic skills) you perfect a craft and if you're worth your salt a couple of doors might open. But again this is if the person has actual talent. Usually people take film (or any art degree) because they think it's easy (which it's not). And the majors that lead to high paying jobs like STEM degrees are very hard and competitive; along with the fact people have to be smart enough to get in -like test into the major.
the thieves known as corporate America will never allow personal finance to be taught in schools that is reserved for the financial elite and their ivy league schools. The plan is to keep its population immersed in religious nonsense, uneducated, drug addicted and swimming in debt. with that mix nobody in the USA will wake up and realize who their true enemies are.
@@lylaaxiom8750 eating healthy even if it prevent diabetes, cancer, hypertension, it won't cure them. Chronic disease are permanent, that is like telling people you can regrow limb by eating healthy
Nightmare scenario. She should have earned a dental assisting degree to fund her dreams. Something attainable and quick. I got my RN degree and it was the best decision ever. I think I paid about 6500 total.
Raiders of the lost Narc - good on you! I think , today, a nursing career is best move any one can make. Robust industry, with good pay, room for growth, quality of life, and offered at most community colleges.
vince taylor hahaha not in Australia!! I'm so jealous!! our land is the most expensive in the world thanks to my parents generation messing up the market. 350,000 can get you a one bedroom apartment in Melbourne.
film school... such a mistake. i have experience in that industry and none of the big players in that business that i ever met.. not one of them went to film school. (neither did i) but all the people i met that were successful in that industry all laughed at the idea of film school. All the knowledge you need of that industry, the equipment, etc, its all available to learn yourself or through practical experience. I feel bad for this woman though, hope shes doing alright.
Yeah I'm lucky that a full film degree wasn't an option when I was an idealistic teen, could only do one college paper in it .So I have a masters degree in English, which can get jobs tutoring English, even though my degrees have nothing to do with English language. (They were about analyzing literature.) Still people thinks it makes me an expert to teach English at least.
@@trueCrimeGuruYes yeah. You can actually do a lot of stuff with an English degree if you are interested in education. I have language training as well so it works well for me. Plus my degree was free. And I got paid by my college/had a job.
Maurice W Spielberg didn’t attend film school. He applied to enter the University of Southern California’s Film school and failed to get in due to low grades at school, so he graduated from California State University with a degree in English. All of the great directors are self taught. Spielberg, Tarantino, Kubrick, Anderson, The Wachowskis, Nolan, Coens, Gilliam didn’t go to film school. Sure there are a few that did like Scorsese, Lucas, Ford Coppola and Del Toro but most of the greats are self taught and are the most successful.
I have my MFA in film production I own 220K (which includes interest) I don’t recommend film school. Spend the money on making a feature instead. YOLO!
I feel her pain I was the first in my family to go to college. They persuaded me to attend but never helped me finance college. I was told the same to take out student loans and pay them back.
i live in the UK so its different but don't 99% of people pay through student loans? Very few students over here get help from their parents as the government is expected to provide
she “should’ve”started at a community college so that she could figure out what she really wanted to do. Changing majors can cost you a ton of time and money at a university because its basically like starting over. These ad visors need to do better when they see people committing financial suicide.
I knew my parents couldn't pay for college so I went to a community College out of pocket and decided it college wasn't for me and it was of the best things I ever done
She went to two different out of state schools. If she used loans for living expenses and tuition, it’s absolutely possible to have gone through $200K. Scary.
Really tired of these schools feeding people pipe dreams in regards to particular degrees..."this field is a good field, there is promise and money to be made". I have heard that a lot. These colleges overly price tuition with a low rate of return. If a degree will cost you anything over $30,000 don't go for it.
I'm in college right now (all paided for in grants and scholarships). My professors even say don't go if you can't get it all paid for. Especially not PHD or masters programs. XD
I spent 20k total on my college. Went to Community college for my 2 year degree, then transferred to local 4 year to finish my bachelors. My mom was kind enough to let me live at the house the entire time, plus I worked part time jobs and did Army Reserves. It took me a couple extra years doing it that way, but seems like it worked out pretty well. Thanks Mom!
I had no debt, lived with grand mother she barely had any income so I got free classes and extra money. It was just pure financial aid no loans and I got a bs in computer science at a state college.
Had a similar situation, but worked full time throughout schooling, AND obtained two degrees that are actually useful. Now making just under 6 figures with zero student loan debt! I paid rent while living at home, but it was far cheaper then what.a normal rent would have been, and no my parents didn't pay for any of my schooling.
I think his point was more like she doesn't sound like the sharpest tool in the shed. She lives in this fuzzy land of hopes and dreams with 200k of debt
How you call in wanting advice and get mad when he tell you the truth? Your plan is not SOLID! You're relying on a movie no one will see but the people in your family.
Heartbreaking. What many fail to realize is that student loans are easy to get. And people spend it on going out, eating out, vacation and more. They don't tell you that, though. Not all of it goes to basic living expenses.
@@trueCrimeGuruYes yes. When you get student loans, it will cover your courses. Once all that is cover you'll received a refund. Which is student debt. Sounds to me like she was using a chunk of it living a fantasy life
okay, what? i thought all money and banks dealt with the school's themselves, you're telling me this woman received a 200k check? or distributed checks over the years?? what's going on here
@@MrRapSick No, they don't. You can get student loans , subsidized and unsubscribed and also private student loans. The amount from the government loans are capped at a certain amount if you are a freshman etc. So once your tuition is paid for and your books assuming you don't live on campus, the remainder of the money is given to you. You can do whatever you want with it. My son wanted to go away for college and I told him no. I also told him do not take out any student loans. It would have cost us an additional $20,000 yearly to send him upstate to attend college. So guess what?......... He's going to a City University (CUNY) and we pay his tuition.
As a film graduate with no student loans or debts, I can't tell you how painful it was listening to this story. She doesn't know the business side of it, but that's not her fault. Because there's things they don't teach you in school, and the business side is one of them. While she's undergoing her total money makeover, I highly recommend Indie Film Hustle to her as well so that she's better prepared for the field. Both kept me from learning these lessons the hard way, and I'll always be greatful for it. Good luck to you. May you get out of debt for good.
Some are, most aren't. This lady did something wrong. I know more college graduates than I can count, NONE of them have anywhere close to 200k in debt. That is including doctors and lawyers.
@@TrueLoveNetwork engineers do house renovations, not interior designers. They just help pick paint colors etc, something most people will do on their own instead of paying hundreds of dollars.
@@bettysmith7045 There is still value to a 4 year degree. I have 2 careers (military officer-Nat. Guard, and insurance adjuster) both of which simply require a degree...any degree. I agree she should have stuck with the interior design degree, knocked it out in 4 years and had way less debt and a degree to show for it. Right now she just has $200k in debt and a whole bunch of useless college credits.
@@BStrambo I never said there was no value to a four year degree, I have one as a matter of fact. I was referring to interior design as a useless degree.
You seem to lack very basic observation skills. The current student loan-debt debacle is clearly a regulatory issue between the Universities (business), Government and Students. The Government allows price gouging by the Universities. The education system which predates the above teaches students that a degree will solve all and they need one to get a career. To brush all millennials with the same brush is a rather unlettered response.
You can look up the trailer. Look up dust bunnies trailer. you'll see a black dude in a black coat. it's a movie about hair weaves for black women. it came out in 2019.
Perhaps commercials and ads along the way... small video productions, work at a studio... build a resume with your hard work and talent combined. Photography, etc. Pets, weddings, family photos. Go for it! Get that creative imagination working and never give up!
This comment is gold so many people who have not been in various porofessions that they try to give their opinion on dont actually know weather or not that industry is thriving they are just guessing because everyone has a phone and instagram that no one pays for a photographer lol come on
Life With Steph ...you just have to take yourself seriously and stop listening to the naysayers. Good contacts (already in the business) help. Meet them in person, make friends, and they'll show you how it's done. The best ones are confident enough to believe that you're not a threat, but that you are them when they got started. These are people who know how to pay it forward.
your daughter is one out of tens if not hundreds of thousands. she needs money NOW. all the things you've stated are not going to bring in enough money for 200,000 in debt. your idea sounds nice for someone not in 200,000 in debt.
She needed guidance in her teen years so that she’d have some kind of understanding of finances and life. She’s 28 and still growing up because no one raised her. I hope it all works out for her.
im so glad i stand strong on my believed that college is nothing more then a scam. i told my son whom just graduated last week from high school to steer clear and. wait a year or 2 to see what he really wanted to do forst before piling into debt.
You are one of the smarter parents who recognizes that not all kids are cut out for college, especially right after high school, since most of them have no idea what the real world is like or what they want to do. There are too many parents that are forcing their kids into college fresh out of high school just so they look good and can keep up with the joneses, meanwhile their kid verbalized they are not ready for a four year college and have no idea what they want to do, then parents complain when they waste thousands of dollars on little johny's failed classes.
😮😮. I have student loans and it's at 80k . Currently, I'm.almost done reading total.money makeover. My lifestyle is.little to nothing . I don't know how she can keep her head above water. Minimum wage cannot help pay off with 200k. She needs to get her income up like Dave says. I hope The Lord God helps her pay off 200k
Got my undergrad degree in finance and accepted a position for over 60k, and I haven't even graduated yet. I think the people who struggle the most are those who don't get internships during their college career and don't have a realistic plan of what they want to do. In the long run they still will do better than those without degrees
If student loans were dischargeable in bankruptcy like other debt, this wouldn't be happening. Lenders would quit lending so much (especially on film degrees) and colleges would be forced to lower their tuition.
As someone in their last semester in MIS i feel like i wasted time at uni. I worked an internship and realized office jobs are just a grind. Should have gone trade school right out of hs.
When i was younger, i hated credit cards and credit in general. Within the past 6 yrs i have done a full 180 on this topic. I have learned it is all about healthy fimancial managment. Heard alot about Dave Ramsey. I was thinking he was going to aggressively tell people what to do...this is my first video i have seen of him. I am very impressed with his mannerisms and how he handles these topics.
I hacked the system by sticking to local universities so that I didn't have to pay for room and board for my undergrad and grad degrees. I also completed many of my courses at a community college to avoid staying more than 8 semesters :)
she's better off paying a high-end production company not even 1/10 of that money to teach her all the useful skills and give her opportunity. And the sad thing is that the industry doesn't care where you went to college or what degree you have, it's all about your portfolio of work. The studios are filled with Ivy league grads doing grunt work for people who barely have a high school diploma
@@DirMichaelDavid next time she should would be better off using that money to finance her own feature film. No need to pay someone how to teach you when you got the internet and books. But I went to film school 220K for me so YOLO! Everyone is different. I wish her well. She got income based repayment she should be ok in the meantime.
Big Red BS... On the contrary, some blacks are getting degrees and using highly competent vernacular. Some black millennials like myself graduated with a full-tuition scholarship debt-free. Also, some blacks like myself understand money; I have a large savings account, IRA, and 401k account. I will graduate in May with my Master's in May... Not a lot of 25-year-olds can say that... Don't make a generalization fallacy about a group of people based on your own bias; it makes you look ignorant.
I feel bad for her. She could have bought a new house for 200k. I make 75k with an associate degree and no student debt. Went to a community college paid for by scholarships and never had to pay a dime.
I'm an Electronics Controls Technician for a diesel catalyst manufacturer in Pennsylvania. My degrees are in Industrial Electronics and Electrical Technology. I work a lot sometimes 84 hours a week when I have to cover for someone but I make a lot of money. I've had plenty of 5000 dollar paychecks for 2 weeks of work.
I have a 22k student loan (from my engineering degree) and I make 50k in my entry level job. I intentionally accepted the lower end of the pay scale and didn't negotiate because it's hard getting a nice field-related job right out of school as it is. I'm making $900/month payments on the loan and hope to be out of it in a little over 2 years. I still dislike the thought of owing 22k...I can't imagine what 200k would feel like. :O
I have a sound engineer degree. And just like Dave just said it's not easy in the A/V world. I paid roughly about 10k+ for my degree. It's a cut throat field were you have to be up to date with everything. And sometimes they will make you do things that you didn't thought you would be doing. Lucky for me the school I attended had a internship program which got me into some post production facilities. Unfortunately, I'm no longer with one of them because I move to a different city that would take me 3 hours to get there. Some of the times you are on call especially when deadline are near by and you have the producer and executive directo next to you changing things around. It's not easy but you can do it.
A Lonely Christian Male your mentality is fairly common the unfortunate thing is when you multiply you by millions. billions of dollars borrowed with no goal or intent of complete repayment.
A Lonely Christian Male You might consider transferring some of the debt to charge cards (1% minimum payment only on some cards); balance transfer to new cards. Get out of debt slavery.
Here in England, the government pays for our university fee & they also pay us around £10,000 each year for 3 years to help us financially through university
Dave displayed great sympathy and compassion for Candace. Well-done. When I was in graduate school I decided to add up my student loans one day. The total was about $60k.... I first felt a sense of shock and dread about that amount. The next thought was that I would never borrow another penny in student loans. At least I chose experimental solid state physics for my research, which I was able to leverage into a process engineering career in the semiconductor industry. Seven years after graduating I was debt-free, but only because my industry pays well. And looking back at it, even though my debt was only $60k I definitely would not do it the same way over again.
She should have went to school for a trade (Nursing etc)and use that to support her film business. She would have had less debt. I advise she finish her degree and try to get a job teaching film if her movie don't work out.
+Miss desire Independance You are assuming she has a good head on her shoulder to make that kind of a choice. Some people are mean to work minimum wage jobs or slaves, not everyone cut out for a good life.
A community college degree in computer programming would have cost her maybe $2,000 after grants, no loans needed even on her minimum wage. She didn't want to work hard, or in her defense maybe she is not capable at that level. To spend ten years to not even finish one of the easiest liberal arts degrees on campus...she's flunking out. In all aspects. I agree nursing school is another much cheaper and shorter option. But she doesn't seem cut out for that either. The real question is how do we explain to some people that they are not ready to make college decisions, maybe even they just aren't the kind of person who will benefit from going to college. It offends people but that can't hurt as much as being $200,000 in debt with no money ever coming back from that degree even if she did finish it.
She should make a documentary film about her student loan debt. That solves two problems at once!
recordrabbit foreal.. turn that pain to profit
recordrabbit that’s actually not a bad idea.
Genius
🤣🤣😂🙄😅
she'd have to be successful though otherwise why should anyone care ya know?
This was painful to listen to
Jesse Carter very painful. My ears are bleeding.
Jesse Carter All stomach here, nausea.
Gambling Degenerate sounds like she already is.
Candace needs to worry about getting a higher income rather than the movie - she doesn't need a degree to be a filmmaker, especially not at this insane cost. She doesn't have room in her finances to take a chance on this movie production - it's like buying a lottery ticket as a retirement plan.
Some people just can’t be helped
200k for an incomplete film degree 🤦♀️
I am hyperventilating for her right now.
Correction: Not on a degree. She just lived off that loan money. There is a huge difference.
I'm assuming some sort of for-profit school, unaccredited? IDK....
Omg makes me cringe I'm doing pretty good actually haha
Well she has one year left and she should finish.
Hopefully that movie isn't about finance.
the movie isn't real dude. its a thing you create in your mind so you can hold onto reality and keep sane. that movie is not going to come out, we know it, she knows it.
Nathan Plummer 😂😂😂😂😂😂
Well, a movie about being in and getting out of debt to help pay for her getting out of debt sounds about right. Like those websites that talk about earning extra money on the side and their suggestion is to create a website with affiliate links or sell an ebook (like they did when writing that blog post/ebook about making money on the side). Make money writing about making money off of your writings about making money.
Nathan Plummer LOL
Nathan Plummer W
As someone who works full time in the Video Production business, i went to a community college and aquired zero debt. what i quickly realized was that college is NOT how to get into this line of work!!!! DO NOT GO TO COLLEGE FOR FILM!! you start at the bottom and work your way up, im now 21 making just under 50k with no debt.
Scad and the Art Institute will reeeeeeeeeeel folks like this in
I know right! For $200k you could get get a full RED package, lights, sound, and basically a small production business. She could be doing commercial work by now for $1500-$2500 a day.
I'm on the same boat as you buddy , in a community couwith no dept
No joke, I’m going to community college for digital media and went to technical college for television production and will never go into student loan debt because it’s completely idiotic to go to college for film. Experience and connections are more valuable than a degree in this field of work for sure. GO TO A VOCATIONAL / TECHNICAL SCHOOL FOR VIDEO PRODUCTION YOU WILL LEARN EVERYTHING THERE FOR FREE
Very true. I was going to school for broadcast journalism, had a wake up call, and am now re-routing to nursing. I feel so bad for this woman!
I was 18 when I asked my parents to teach me about money. They said "now is not the time yet" 12 years later and that conversation literally never happened. Still learning the hard way. It is so important to teach your kids about money!
It is probably because your parents have no clue about money.
@chase This is something I completely relate to, I was 16 when I approached uncles to learn finances! Why tf don’t they teach what is so necessary!
Chase, can you forget teaching your children about money if they don't want to learn
They can't teach you what they do not know. They should have taught you at ten.
sounds about right
Sounds like she went to THE ART INSTITUTES. That school is a big scam.
Alma Vela yea I think they went under
I heard the same thing . I want to do acting but I don’t know what school . I’m in the navy right now just for a start :/
Or Full Sail
Any art school that doesn’t ask for a portfolio and isn’t accredited is a SCAM
Dannyy Flex Good plan, brother. What's your rate? Former submariner here, been out for two years now. The military is a great way to find yourself and still make a decent living.
don't go to college straight from high school... there is no rush. Take a year or two... figure out what you want to do. 200k in debt... that's life changing forever
most people shouldn't be going to college at all. They'd make more money learning at a minimum wage job than college.
Agreed. We need to promote structured gap years.
Or you could do 15 minutes of research and basic 3rd grade math.
@@arxza7160 Yea I agree why waste years to find what you want to be and nobody actually spends those years researching.
Rodrigo Salles bad advice for sure. People are just dumb about what schools they choose
poor thing.. sounds like shes still in la la land
youtubeaccount Maybe she'll find a golden oscar lying around in the Moonlight....
She might need to be mauled by a bear to come to her senses.
clearly this person and her parents didn't get a quality education.
youtubeaccount i agree! It was painful to hear her.
La La Land is a 2016 American musical romantic comedy-drama film written and directed by Damien Chazelle. It stars Ryan Gosling as a jazz pianist and Emma Stone as an aspiring actress, who meet and fall in love while pursuing their dreams in Los Angeles. John Legend, Rosemarie DeWitt, Finn Wittrock, and J. K. Simmons also star.
Painful to listen to. Poor girl has no financial literacy at all. 200k in debt over a useless degree. 200k on a wish not a plan.
and if it's a top film school, I'm sure her talent is over matched to help the school fit a minority quota.
"No financial literacy?!" More like no literacy at all! She an idiot. I'm sorry to say but she has all the vague, buzzwords and phrases...she's living in a dreamworld. Maddening.
*incomplete degree
High schools, community colleges and universities need to make students more aware of how debilitating student loan debt is. This is a ridiculous and completely avoidable crisis.
Sounds like she went to a technical institute and didn’t even finish
That poor women is delusional.
No reason to sugar coat it. This is a horrible situation for her to be in.
Yes she is 😫😫
Jason Atkins Wow, bring in race. There haven’t been multiple non-black people who were more delusional than her. 10/10 logic kid
Her face was never shown in the video. We can't be sure of her ethnicity.
What in the world does being black have to do with racking up student loans?? There are thousands of white people, and other races, that have racked up six figure student loans.... they call in to Dave's show all the time.
She is so distant from reality.
When she started murmuring about the years she spent on the movie when he brought up the possibility of the movie failing I knew she'd shut down and wouldn't accept help.
So sad to see this person not understanding that her lack of planning is heading to disaster.
she is dreaming she has to wake up
She's doomed. I direct marketing videos for Fortune 500 companies, and still I'm just barely making it. It's scary when I think that I'm one of the more "successful" ones who came out of film school at my time.
There's virtually no money in indie film. I had a professor who has made 5 features, all of which have major stars and have grossed several million at the box office, yet she still has to teach in order to survive.
you must be living in some super expensive city then or get one or two directing jobs per month. If I was directing marketing videos I'd be making good amount of money
The film industry is really but really competative and takes alot of creativity and luck to make a film that will make millions.
My advise is look into magical realism when planning to make a movie.
Matt Sezer Wow really? Did she get a very very small cut of the profits or what?
Kim Wallace unless you're Marvel
Content has become so cheap with the intro of streaming platforms, and the only thing that sells now are action hero movies with $100 milllion budgets.
I still remember when movies cost $6 for a 1 night rental at Blockbuster and there wasnt immense competition from FB, Instagram, Twitter, UA-cam, etc which dominates screen time consumption at no cost.
Several people failed this young woman in her life....
Martin Williams - you really can't blame nor depend 100% on others while making your own pathway 2 success. You got to: watch videos like these to avoid errors...or at least have some sort of knowledge about financial literacy & learn from your mistakes as well as from other people's errors. She's been in school for 10 years...and still NOT one single degree to back her up or at least avoid working at a minimum wage job.
Democrats
Amen! Young people are not capable of making the life changing decision of taking out massive loans. They have no clue of the ramifications. An adult should stop them. Once they have the debt, they have committed financial suicide and it's too late. People can blame the young people all they like -- the truth is their elders and the society has failed them by letting them do this.
Yep, including herself
+Martin Williams Glad to see thats all you got out of this. This is lady is delusional. No amount of help can fix this one. I just love it. Imagine all her life she's not going to amount for anything, then will decide welfare is the best career choice and have 23 kids (not including 4 still borns) While tax payers pay her bills and this loan will be forgiven. Then you realise she is the smart one.
28 but sounds 50 :( Her parents set her up for failure.
Q-Ball Good point! Wonder if she will take Dave's advice? This is crazy.
No. They didn't set her up for failure. Her parents fell into the dreamer b.s.. She didn't have a network, nothing. A do it yourself ain't gonna cut it.
She could have formed a network for free at college by joining some clubs. I joined 3 or 4 different clubs and made friends with some people and one of those people helped get me a job later on. I consider myself to have messed up pretty bad because I never got into any internships while I was in college I still turned out better than this woman just by having friends. It will be hard for her since she only has 1 year left but she should be participating in clubs and activities and getting to know people so they can help her.
I wonder what she looks like. I think my mental picture of her is correct lol
That’s an excuse....
The movie is called " How I racked up $200k in debt and didn't get a degree". It's actually a documentary.
Scuba Steve Legend says it’s still being made
I've seen that!!!
A Supersize me style documentary on the student loan debacle would actually be great. It would be a hit.
You can look up the trailer. Look up dust bunnies trailer. you'll see a black dude in a black coat. it's a movie about hair weaves for black women. it came out in 2019.
@@ES1Baller You can look up the trailer. Look up dust bunnies trailer. you'll see a black dude in a black coat. it's a movie about hair weaves for black women. it came out in 2019.
I think she should've got a reliable wifi connection and studied at the UA-cam university for free
Elsa Davidson should’ve GOTTEN
So true Elsa. I've learned programming on utube costing me $40/M internet bill.
@@Finx436 Which websites or channels did you learn from? I'm interested too.
I’m currently taking that course
200k in debt, w/out a finished degree and the plan is hinging on the success of a movie that has the probability of success at a fraction of 1%. yes this seems like a well thought out reasoned plan
DMaster81 right?? She has ZERO direction and now she's paying for it.
Bob Bill Race does dictate debt. You're right. hmmmm
And if she were white she wouldn't feel the same?? You people were the ones who started the whole hate brigade on the 1% not POC.
Some people will do anything, ANYTHING, to avoid working at a normal 9 to 5 job irrespective of who it hurts, themselves included. By all means have your dreams but have both feet planted firmly on the ground to avoid
all kinds of disaster, financial included.
shes clearly a mastermind. shes taking stupid to a whole new level. i truly feel sorry for her
She's been in school for 10 years and still hasn't finished a degree? Something's wrong with that.
Just based on this call you can tell she is not the sharpest tool in the shed, and she is delusional to boot.
She wasnt in school for 10yrs, she just started school 10 years before the phone call. She wasnt going to school for the whole ten years
No, it makes sense.
She starts, then can't afford it. Then stops, gets money, goes back in. Can't afford it again, stops. Rinse and repeat.
Probably life and academic stuff happening in between as well.
She also sounds like 1st gen college, so there's also a bunch of questions she didnt think to ask until it was too late.
WOW, there are doctors with less student loan debt!
Especially if you school overseas
@@Phyoomz maybe this is a little late but med school overseas is always bad choice, you need to wait and reschool again in your work target country
@@aliefr2984 the "reschool" you speak of takes less than 6 months. And is nothing compared to the cost of say American medical school. So, if you're willing to travel and save money, all while learning another language in the meantime, the international may be the way to go.
I fear alot of potential doctors are unaware of all of their options before they commit.
@@Phyoomz before they get reschool, they must wait. This waiting list is filled with politic, most of them need 2 year.of course my med school is local not overseas, so maybe I'm wrong
@@aliefr2984 Yeah, my buddy just really had to study for the MLE, then find a residency. He's an American citizen though. So he didn't have any issues with being allowed to stay in the country. I imagine things would be a bit more difficult for foreign citizens.
Congrats to you on Med school btw! Gonna specialize in anything?
I can't believe she's laughing I would be crying
I'm sure when she started saying somethings aloud, she knew how ridiculous it sounded.
Laugh or cry, tragedy or comedy, are different sides of same coin.
The crying turns to laughter she passed the crying stage
Hahaha she is laughing her misery off.though she doesn't sound like she is in misery
I really don’t think she comprehends.
It’s really not okay to give 17 year olds 200k in debt for an interior design/ film degree...
that’s so messed up...
Yep
Well to be fair they don't do that
they don't give them lump sum
Need to go to a public school or tried to get scholarships
28, started college straight out of high school... She's been in college for 10 years?
Six years too long to finish a 4-year degree.
i took long to graduate too but I didn't owe any debt when I did.
Yea 10 years to go to school, not even finished and the whole time she just ran up debt. Like if you take 10 years but work to pay for it yourself that makes sense, but now she's got an entire mortgage and car in student loans and she is 28 working an entry level job and she's going to put her money into a movie. Her college professors did her real good, this is what happens when you major in theater.
I wish I would of spent 10 years and paid cash for part time college 😞
Go on entitlements and live off the taxpayers and never worry about any debt. Making minimum wage with $200,000 in debt without a degree. The school was probably a for profit school, the degree is worthless. She's been had.
She should've started with a UA-cam channel to learn how impossible it is to monetize a creative endeavor.
Luminous impossible? Speak for yourself
Luminous I wouldn’t say impossible. Difficult maybe, but not impossible.
That's a darn good idea!
Im not sure a person like this can be helped. And I think theres a lot of people like this out there. I know, because I listen to Dave Ramseys show.
I would tell her to finish her degree and teach English in China or something and forget about the debt. There is NO HELPING somebody with that much debt if they can't discharge it. People would say that's dishonest and wrong, but if it's between surviving or misery in debt, I would just leave the country forever.
I think a lot of people call Dave hoping he'll write them a check..
Lol
Not really, if it was Oprah it would be a possibility.. They don't simply call Dave. They have screening calls and it's not live. Lol so trust me everyone knows what they are gonna be asking and what he is going to answer.. So no
😂 She doesn't need the magic wand ✨️ Dave , she needs a $200k gift from you
@@da11kingwhy should he give 200k to a dumb person who doesn’t know what there doing
I feel so sorry for this woman 😢. Something tells me her "business partner" is "pumping" all these pipe dreams in and out of her.
Mondo Savant literally.
or the business partner is using her to get swindle money because she's a minority and a woman.
@Joe H lol.....I knew someone would go there. .. lol
@Joe H lol....THAT PART
Ufff = This has Bad JUJU written all over it
This hurt my brain.
For profit colleges target single mothers with low IQs, then have them borrow as much in student loans as they possibly can.
@can you see me No, they sell the Progressive-Liberal Dream.
@@toober1714 aka socialism
They target veterans too
@can you see me that is true. However the point still stands that these people prey on the vulnerable.
It's no different than the fact that multi-level marketing companies Target the same kinds of people. College students, single moms etc. People who are gung-ho to jump in any chance they can to make an extra Buck or even have a promise of making an extra buck
@John Taylor A lot of veterans go to these for-profit schools because they're more convenient. They're not stupid. They're just trying to get a degree without disrupting their busy lives. You probably don't understand that because you sit at home all day leaving troll comments.
College tuition is crazy in the US. There need to be a cap on how much a school can charge and how much a person can borrow and how many credits you can take outside your major.
Why? Just don't make dumb decisions and the colleges will be forced to make tuition competitive. 2 years at a Community College and 2 years at an in-state school while working is quite doable.
Or, stop with the govt. backed student loans which fueled the tuition bubble, anyone qualifies for "free" money!
Since when was it wise to go $200k in debt, drop out of college (without a degree, you have no way of having leverage in the job market), then settle with a minimum wage job!?? Her life is ruined-cringe!
She didn't drop out. She has one year to go to get her degree finished I think she said?
Wow!!! $200,000 in college debt and 28 years old making minimum wage and chuckling (maybe a nervous laugh) about it over the phone, this lady doesn't have a clue, well maybe she does as she did call Dave. A degree in film and video I'm thinking that is another one of those worthless degrees that is not very practical. This lady hasn't even gotten out of the gate of life yet at 28 and already making some really bad mistakes, but we've all been there. Now that I think back 25+ years knowing what I know now I would have done things very differently, but we can't go back only forward. All I can do is try to steer my kids in the right direction and hope they will make much better decisions than this young woman caller.
the problem is that there are few schools (in LA and New York) where a film degree is worth it but only for the super talented. And even then you don't really learn how to make films (most people there know all the basic skills) you perfect a craft and if you're worth your salt a couple of doors might open. But again this is if the person has actual talent. Usually people take film (or any art degree) because they think it's easy (which it's not). And the majors that lead to high paying jobs like STEM degrees are very hard and competitive; along with the fact people have to be smart enough to get in -like test into the major.
Honestly there are a lot of scams the FBI should deal with but don't and her school is one of them
Perhaps personal finance needs to be taught at the high school level....
Alfredo Malatesta it is at certain high schools but not in middle class or poor areas.
They don't want us to know how their Satanic system of money worship and money slavery works, though.
the thieves known as corporate America will never allow personal finance to be taught in schools that is reserved for the financial elite and their ivy league schools. The plan is to keep its population immersed in religious nonsense, uneducated, drug addicted and swimming in debt. with that mix nobody in the USA will wake up and realize who their true enemies are.
@@lylaaxiom8750 eating healthy even if it prevent diabetes, cancer, hypertension, it won't cure them. Chronic disease are permanent, that is like telling people you can regrow limb by eating healthy
The only good thing my high school showed in Economics was a Dave Ramsey video.
Nightmare scenario. She should have earned a dental assisting degree to fund her dreams. Something attainable and quick. I got my RN degree and it was the best decision ever. I think I paid about 6500 total.
Raiders of the lost Narc - good on you! I think , today, a nursing career is best move any one can make. Robust industry, with good pay, room for growth, quality of life, and offered at most community colleges.
RN for $6500? How?
@@4knewt505 yes probably an associate degree, usually u get an Rn then your employer will pay for you to get your BSN.
@@abhim9221 Lol RNs have a BSN....That’s what makes them an RN
@@4knewt505 Yes, it possible through community college only,
lmao 200k that's a small house and a car payed in full.all for a piece of paper lol
All that for a piece of paper she didn't even get.
vince taylor lol like that comment, could of bought a nice duplex income for life
It's not funny it's tragic.
Excellent Point John Castillo...
vince taylor hahaha not in Australia!! I'm so jealous!! our land is the most expensive in the world thanks to my parents generation messing up the market. 350,000 can get you a one bedroom apartment in Melbourne.
film school... such a mistake. i have experience in that industry and none of the big players in that business that i ever met.. not one of them went to film school. (neither did i) but all the people i met that were successful in that industry all laughed at the idea of film school. All the knowledge you need of that industry, the equipment, etc, its all available to learn yourself or through practical experience. I feel bad for this woman though, hope shes doing alright.
Lucas and Spielberg went to film school.
Yeah I'm lucky that a full film degree wasn't an option when I was an idealistic teen, could only do one college paper in it .So I have a masters degree in English, which can get jobs tutoring English, even though my degrees have nothing to do with English language. (They were about analyzing literature.) Still people thinks it makes me an expert to teach English at least.
@@trueCrimeGuruYes yeah. You can actually do a lot of stuff with an English degree if you are interested in education. I have language training as well so it works well for me. Plus my degree was free. And I got paid by my college/had a job.
Maurice W Spielberg didn’t attend film school. He applied to enter the University of Southern California’s Film school and failed to get in due to low grades at school, so he graduated from California State University with a degree in English. All of the great directors are self taught. Spielberg, Tarantino, Kubrick, Anderson, The Wachowskis, Nolan, Coens, Gilliam didn’t go to film school. Sure there are a few that did like Scorsese, Lucas, Ford Coppola and Del Toro but most of the greats are self taught and are the most successful.
I have my MFA in film production I own 220K (which includes interest) I don’t recommend film school. Spend the money on making a feature instead. YOLO!
I feel her pain I was the first in my family to go to college. They persuaded me to attend but never helped me finance college. I was told the same to take out student loans and pay them back.
i live in the UK so its different but don't 99% of people pay through student loans? Very few students over here get help from their parents as the government is expected to provide
Shannon Johnson parents don't need to finance their children's college. but they can let you live at home. my parents did that
Parents still need to teach their kids financial literacy.
So true parents need to guide their kids to help
she “should’ve”started at a community college so that she could figure out what she really wanted to do. Changing majors can cost you a ton of time and money at a university because its basically like starting over. These ad visors need to do better when they see people committing financial suicide.
abobjenkins thanks I’ll fix that. I guess you spend your free time patrolling UA-cam to correct grammar.
I started at community college and saved TONS of money! I would definitely recommend it.
I knew my parents couldn't pay for college so I went to a community College out of pocket and decided it college wasn't for me and it was of the best things I ever done
Sounds like these schools scammed this lady, she needs to get a lawyer. $200,000 is what it costs for medical or legal school, not interior design....
10 years of classes dude. she's failing classes is my guess.
For-profit diploma mills have an army of lawyers, would crush her in court
@@CB-rv2lj Maybe not. She dumped interior design for film so she never completed her interior design degree.
@@SoCalFreelance The FBI should care about their fraud and the fraud of vanity publishing scams but they don't.
She went to two different out of state schools. If she used loans for living expenses and tuition, it’s absolutely possible to have gone through $200K. Scary.
It sounded like she was hoping to get positive reinforcement for her movie from Dave.
Really tired of these schools feeding people pipe dreams in regards to particular degrees..."this field is a good field, there is promise and money to be made". I have heard that a lot. These colleges overly price tuition with a low rate of return. If a degree will cost you anything over $30,000 don't go for it.
I bet Trump University actually taught more useful skills than most of these universities lol
tyson turner there are plenty of degrees that cost over 30k and are worth going for. Engineering, medicine, pharmacy and law etc..
I wouldn't even invest $300 if its not a guarantee I would get something out of it in the end.
I'm in college right now (all paided for in grants and scholarships). My professors even say don't go if you can't get it all paid for. Especially not PHD or masters programs. XD
The Yellow Biscuit sometimes that’s what you have to get to for your degree to be worth anything.
I spent 20k total on my college. Went to Community college for my 2 year degree, then transferred to local 4 year to finish my bachelors. My mom was kind enough to let me live at the house the entire time, plus I worked part time jobs and did Army Reserves. It took me a couple extra years doing it that way, but seems like it worked out pretty well. Thanks Mom!
I did something similar. Finished up with about 7k of school debt. Moved out of my parent's senior year of college.
I had no debt, lived with grand mother she barely had any income so I got free classes and extra money. It was just pure financial aid no loans and I got a bs in computer science at a state college.
flamehiro have you gotten a job yet ? Just curious, thinking of going the same path
Had a similar situation, but worked full time throughout schooling, AND obtained two degrees that are actually useful. Now making just under 6 figures with zero student loan debt! I paid rent while living at home, but it was far cheaper then what.a normal rent would have been, and no my parents didn't pay for any of my schooling.
This is a prime example of how ppl fail their kids...so sad!!
Prime rib????
At 40 hours per week, if she dumped every penny before tax towards the student loans with no interest, it would take 13.25 years to pay them off.
Travis Collins yeah she won't ever be able to pay that off. The fact that the government subsidies these loans is a crime. That poor woman.
Travis Collins Easy....she can just forego basic needs like food clothing and shelter for 13 years..piece of cake
It really is if you have SOME common sense
Travis Collins thats without interest too...
Dave never asks if she's a doctor or lawyer because he can already tell she's not
UnoriginallyInclined ... she’s working a minimum wage job why would he ask that? Plus she’s going to school for film...
racist
Jade Lockett RACIST
racist is what people use to deter criticism of non white people when they can't handle it.
I think his point was more like she doesn't sound like the sharpest tool in the shed. She lives in this fuzzy land of hopes and dreams with 200k of debt
How you call in wanting advice and get mad when he tell you the truth? Your plan is not SOLID! You're relying on a movie no one will see but the people in your family.
She never got mad at him
Yeah, where exactly did she get mad??
Heartbreaking. What many fail to realize is that student loans are easy to get. And people spend it on going out, eating out, vacation and more. They don't tell you that, though. Not all of it goes to basic living expenses.
Are they allowed to do that? Is that legal?
@@trueCrimeGuruYes yes. When you get student loans, it will cover your courses. Once all that is cover you'll received a refund. Which is student debt. Sounds to me like she was using a chunk of it living a fantasy life
@@trueCrimeGuruYes no it's not legal, but people do it anyway
okay, what? i thought all money and banks dealt with the school's themselves, you're telling me this woman received a 200k check? or distributed checks over the years?? what's going on here
@@MrRapSick No, they don't. You can get student loans , subsidized and unsubscribed and also private student loans. The amount from the government loans are capped at a certain amount if you are a freshman etc. So once your tuition is paid for and your books assuming you don't live on campus, the remainder of the money is given to you. You can do whatever you want with it.
My son wanted to go away for college and I told him no. I also told him do not take out any student loans. It would have cost us an additional $20,000 yearly to send him upstate to attend college. So guess what?......... He's going to a City University (CUNY) and we pay his tuition.
As a film graduate with no student loans or debts, I can't tell you how painful it was listening to this story. She doesn't know the business side of it, but that's not her fault. Because there's things they don't teach you in school, and the business side is one of them. While she's undergoing her total money makeover, I highly recommend Indie Film Hustle to her as well so that she's better prepared for the field. Both kept me from learning these lessons the hard way, and I'll always be greatful for it. Good luck to you. May you get out of debt for good.
There are two things in life I'm certain of: 1. The earth is round. And 2. This lady is NEVER getting out of debt.
So sad but I believe you...
2:40 "What makes you think that?" You can hear the sadness and disappointment in Dave's voice.
Omg these school tuitions are ridic
Some are, most aren't. This lady did something wrong. I know more college graduates than I can count, NONE of them have anywhere close to 200k in debt. That is including doctors and lawyers.
TheRosswise yes she absolutely did something wrong 😂
Tonya Henry she said she went to school straight out of high school, 18, and she's now 28. A decade in. School will get you 200,000 in debt 😂
And a degree worth dicks
10 years is 6 too long for a 4-year degree.
You should have stayed with interior design. It's more secure
Definitely! Especially house renovations!
I am pretty sure that is another useless degree since most people can do it on a computer.
@@TrueLoveNetwork engineers do house renovations, not interior designers. They just help pick paint colors etc, something most people will do on their own instead of paying hundreds of dollars.
@@bettysmith7045 There is still value to a 4 year degree. I have 2 careers (military officer-Nat. Guard, and insurance adjuster) both of which simply require a degree...any degree. I agree she should have stuck with the interior design degree, knocked it out in 4 years and had way less debt and a degree to show for it. Right now she just has $200k in debt and a whole bunch of useless college credits.
@@BStrambo I never said there was no value to a four year degree, I have one as a matter of fact. I was referring to interior design as a useless degree.
"Your dream is turning into a nightmare"
Describes most millennials I know
Unfortunately school loans are the boggie man
Mazzano Blue Try doing something better with your time than bring other down.
Not for me! My dreams came true! Muahahahaha
Okay boomer. Thanks for ruining the country.
You seem to lack very basic observation skills. The current student loan-debt debacle is clearly a regulatory issue between the Universities (business), Government and Students. The Government allows price gouging by the Universities.
The education system which predates the above teaches students that a degree will solve all and they need one to get a career.
To brush all millennials with the same brush is a rather unlettered response.
$200K for an unfinished interior design/film degree? Sounds like a for-profit diploma mill.
When she said "I'm making a movie..." ☠️
Emoji Movie Pt 2
You can look up the trailer. Look up dust bunnies trailer. you'll see a black dude in a black coat. it's a movie about hair weaves for black women. it came out in 2019.
🤣💀
@@PastorGooch wait, seriously? How did you find out?
@@PastorGooch God it's gonna make zero dollars and she's putting her income into that oh lord. She is 28 and has the debt of a 50 year old.
How can you count on a movie to get you out a debt foolish
Legend has it that today this movie is still in production.
Perhaps commercials and ads along the way... small video productions, work at a studio... build a resume with your hard work and talent combined. Photography, etc. Pets, weddings, family photos. Go for it! Get that creative imagination working and never give up!
Pessimistic Pizza ...tell that to my 27 year old daughter, who is making a living as a professional photographer/consultant.
This comment is gold so many people who have not been in various porofessions that they try to give their opinion on dont actually know weather or not that industry is thriving they are just guessing because everyone has a phone and instagram that no one pays for a photographer lol come on
Life With Steph ...you just have to take yourself seriously and stop listening to the naysayers. Good contacts (already in the business) help. Meet them in person, make friends, and they'll show you how it's done. The best ones are confident enough to believe that you're not a threat, but that you are them when they got started. These are people who know how to pay it forward.
your daughter is one out of tens if not hundreds of thousands. she needs money NOW. all the things you've stated are not going to bring in enough money for 200,000 in debt. your idea sounds nice for someone not in 200,000 in debt.
Whenever I think I have it bad, I just watch these videos.
She needed guidance in her teen years so that she’d have some kind of understanding of finances and life. She’s 28 and still growing up because no one raised her. I hope it all works out for her.
Working on everything but not getting anything accomplished
im so glad i stand strong on my believed that college is nothing more then a scam. i told my son whom just graduated last week from high school to steer clear and. wait a year or 2 to see what he really wanted to do forst before piling into debt.
You are one of the smarter parents who recognizes that not all kids are cut out for college, especially right after high school, since most of them have no idea what the real world is like or what they want to do. There are too many parents that are forcing their kids into college fresh out of high school just so they look good and can keep up with the joneses, meanwhile their kid verbalized they are not ready for a four year college and have no idea what they want to do, then parents complain when they waste thousands of dollars on little johny's failed classes.
😮😮. I have student loans and it's at 80k . Currently, I'm.almost done reading total.money makeover. My lifestyle is.little to nothing . I don't know how she can keep her head above water. Minimum wage cannot help pay off with 200k. She needs to get her income up like Dave says. I hope The Lord God helps her pay off 200k
Brittney J The Good Lord helps those who help themselves. She needs a mentor like Dave who can guide her.
She is probably on an income based repayment option. She should be ok.
Law, Medicine, and Engineering - The only reasons why you even consider university education.
Gordon Freeman I'm going for economics and finance.
Got my undergrad degree in finance and accepted a position for over 60k, and I haven't even graduated yet. I think the people who struggle the most are those who don't get internships during their college career and don't have a realistic plan of what they want to do. In the long run they still will do better than those without degrees
Gordon Freeman like Dave Ramsey says. get a STEM degree
My accounting degree let me come out of school with a job 53K fresh out of college. I think it is a worthwhile degree if you are going that route
Kam Mak accounting is a stem degree. congrats on your career
If student loans were dischargeable in bankruptcy like other debt, this wouldn't be happening. Lenders would quit lending so much (especially on film degrees) and colleges would be forced to lower their tuition.
Before that happens, the federal student loan program needs to be abolished.
Stop going to school for majors that don't make any money!
interior design, film and video both make great money if you're persistent 55k-200k that's not bad.
If persistency will get you in 200k debt, then you should re-evaluate your priorities.
As someone in their last semester in MIS i feel like i wasted time at uni. I worked an internship and realized office jobs are just a grind. Should have gone trade school right out of hs.
When i was younger, i hated credit cards and credit in general. Within the past 6 yrs i have done a full 180 on this topic. I have learned it is all about healthy fimancial managment. Heard alot about Dave Ramsey. I was thinking he was going to aggressively tell people what to do...this is my first video i have seen of him. I am very impressed with his mannerisms and how he handles these topics.
These videos make me feel better about myself. Thanks Dave!!
lifesuxs changenow sad by me to me too
This only further proves how much of a waste these "college degrees" are. Overpriced toilet paper.
no they aren't
At that price, it's more than overpriced!
The problem is she hasn’t graduated and is clueless about everything.
I hacked the system by sticking to local universities so that I didn't have to pay for room and board for my undergrad and grad degrees. I also completed many of my courses at a community college to avoid staying more than 8 semesters :)
I don't think all degrees are worthless. But a vast majority are. Lol
200,000 for film and video!? damn.
she's better off paying a high-end production company not even 1/10 of that money to teach her all the useful skills and give her opportunity. And the sad thing is that the industry doesn't care where you went to college or what degree you have, it's all about your portfolio of work. The studios are filled with Ivy league grads doing grunt work for people who barely have a high school diploma
She must be going to the Art Institute or something
@@DirMichaelDavid next time she should would be better off using that money to finance her own feature film. No need to pay someone how to teach you when you got the internet and books. But I went to film school 220K for me so YOLO! Everyone is different. I wish her well. She got income based repayment she should be ok in the meantime.
She probably thought she will end up in Hollywood. People sometimes just focus on the dream but don’t realize how competitive it really is
High school diploma: minimum wage.
College degree: minimum wage?
Sigh at 27, I just paid off my debt. I’m sorry to hear someone at 28 haven’t start paying yet and the amount is also huge.
So much college so little knowledge...
She doesn't sound very intelligent.
How does one "Sound" intelligent?
these comments are pissing me off too. people are making assumptions about her whole entire life based of 9 min video.
EcoastAngel thank you stuck up cyber bully's!!!😑
Big Red one of those in disguise racists
Big Red BS... On the contrary, some blacks are getting degrees and using highly competent vernacular. Some black millennials like myself graduated with a full-tuition scholarship debt-free. Also, some blacks like myself understand money; I have a large savings account, IRA, and 401k account. I will graduate in May with my Master's in May... Not a lot of 25-year-olds can say that... Don't make a generalization fallacy about a group of people based on your own bias; it makes you look ignorant.
A fool and their money are soon parted.
@abobjenkins Her minimum wage check is her money. And she is soon parted from it to pay that debt.
Don't blame this on your parents. Did you ever sit down and think about how you would pay this money back?
I feel bad for her. She could have bought a new house for 200k. I make 75k with an associate degree and no student debt. Went to a community college paid for by scholarships and never had to pay a dime.
what do you do for a living? Are you in a HCoL or LCoL
I'm an Electronics Controls Technician for a diesel catalyst manufacturer in Pennsylvania. My degrees are in Industrial Electronics and Electrical Technology. I work a lot sometimes 84 hours a week when I have to cover for someone but I make a lot of money. I've had plenty of 5000 dollar paychecks for 2 weeks of work.
chopsuey087 congratulations my man! Proud of you, so Pennsylvania is a lcol (low cost of living). I hope you continue to be successful!
Thank you Tyra!
@@Chopsuey087 So you work 15hr a day?
I have a 22k student loan (from my engineering degree) and I make 50k in my entry level job. I intentionally accepted the lower end of the pay scale and didn't negotiate because it's hard getting a nice field-related job right out of school as it is. I'm making $900/month payments on the loan and hope to be out of it in a little over 2 years. I still dislike the thought of owing 22k...I can't imagine what 200k would feel like. :O
JesusMySavior and imagine having that much debt for a film degree....
Good god, I've heard of people racking up $100k in student loan debt but $200k???
For a film degree 😰
Only doctors are allowed to have student loans that high
Dean M people rack up 400k in medical school , and don’t don’t graduate
@@calebniederhofer678 he had a guy on one day that had huge debt and failed his medical boards. He was out of the profession
This was a teaspoon of reality that she needed. Hope is not a business plan.
Amazing advice. So glad I found your channel!
OMG, I thought I heard it all. Praying for this young lady!
I have a sound engineer degree. And just like Dave just said it's not easy in the A/V world. I paid roughly about 10k+ for my degree. It's a cut throat field were you have to be up to date with everything. And sometimes they will make you do things that you didn't thought you would be doing. Lucky for me the school I attended had a internship program which got me into some post production facilities. Unfortunately, I'm no longer with one of them because I move to a different city that would take me 3 hours to get there. Some of the times you are on call especially when deadline are near by and you have the producer and executive directo next to you changing things around. It's not easy but you can do it.
College is a great big scam seriously best decision I've made was dropping out of college last December smfh
Imagine the interest on this thing...Jesus Christ
I can relate I am $25,000 in student loan debt and work minimum wage, no one will even look at me with Associates degree and 43.
I say oh well long as I have food, clothing , place to live the debt will die with me.
A Lonely Christian Male your mentality is fairly common the unfortunate thing is when you multiply you by millions. billions of dollars borrowed with no goal or intent of complete repayment.
Ms. Kenobi school of hard knocks
A Lonely Christian Male You might consider transferring some of the debt to charge cards (1% minimum payment only on some cards); balance transfer to new cards. Get out of debt slavery.
starlitopensky1 how exactly does this work?
education will never make you smart
Said by every person bitter they have no degree.
*Organised institutional education in the American debt system will not make you smart.
FACTS.
28 years old and making minimum wage?! Waiting tables gets you double or triple that... come on now?
I was expecting her to say that she’s doing her residency to be a surgeon. 😫
Here in England, the government pays for our university fee & they also pay us around £10,000 each year for 3 years to help us financially through university
Alvin Harewood they do? I have a student loan?
Bless her missouri heart
Dave displayed great sympathy and compassion for Candace. Well-done. When I was in graduate school I decided to add up my student loans one day. The total was about $60k.... I first felt a sense of shock and dread about that amount. The next thought was that I would never borrow another penny in student loans. At least I chose experimental solid state physics for my research, which I was able to leverage into a process engineering career in the semiconductor industry. Seven years after graduating I was debt-free, but only because my industry pays well. And looking back at it, even though my debt was only $60k I definitely would not do it the same way over again.
She should have went to school for a trade (Nursing etc)and use that to support her film business. She would have had less debt. I advise she finish her degree and try to get a job teaching film if her movie don't work out.
+Miss desire Independance You are assuming she has a good head on her shoulder to make that kind of a choice. Some people are mean to work minimum wage jobs or slaves, not everyone cut out for a good life.
The problem is nursing school is pretty tough for A LOT of people(not to me)
Miss desire Independance NURSING IS NOT A TRADE. It takes 4 years of training in a university or college.
“Should have WENT”?? 😂😂😂 Should have GONE
A community college degree in computer programming would have cost her maybe $2,000 after grants, no loans needed even on her minimum wage. She didn't want to work hard, or in her defense maybe she is not capable at that level. To spend ten years to not even finish one of the easiest liberal arts degrees on campus...she's flunking out. In all aspects. I agree nursing school is another much cheaper and shorter option. But she doesn't seem cut out for that either. The real question is how do we explain to some people that they are not ready to make college decisions, maybe even they just aren't the kind of person who will benefit from going to college. It offends people but that can't hurt as much as being $200,000 in debt with no money ever coming back from that degree even if she did finish it.
Wow she seems very delusional.
He parents and friends do NOT love her!!!!! She is NOT going to make it in LIFE without the proper advice...smh
They have love for her.. just don't have the knowledge to set her on the right path... live and learn or die dumb
Sure just blame everyone else besides her.... That makes total sense.
Why do people think that student loans are a good idea?
200k will never get paid back. interest will just balloon it out.
THIS is the problem with higher education today... that sum used to reserved for doctors and lawyers to owe just a few years back. What on earth.
Pro tip: filmmakers who get paid don't usually even have a film degree.