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Getting out of Debt

Don't Trust the Government to Bail You Out of Student Loan Debt

1 Minute Read

We all make plenty of mistakes in college—not studying for that test, dating ol’ what’s-their-name, and thinking ramen pizza is the world’s best invention. Sure, there are a lot of questionable decisions along the way. But you don’t have to add student loan debt to the list.

If you’re one of the 550,000 people depending on the federal government to wipe out your student loan debt, you may want to think twice.[1] Undergraduate and master’s students alike have taken out loans with the hope that the government will swoop in, save the day, and forgive their student loan debt—if they take a job in public service.

Does that sound a little too good to be true? Turns out, it is.

Trusting the government to bail you out is never a good bet. Dave explains why in this video.




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