Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business Investing in Student Loan Debt: A Solution to the Crisis?
Jun 7, 2023
38:43
Student loan debt has become a major issue in the US, with millions of borrowers struggling to repay their loans. While federal loans have some protections, private loans are often more challenging to manage. That's where Laine Schoneberger's company, Why Refi?, comes in. On this week's podcast episode, Schoneberger discussed with Robert how his company helps borrowers with private student loan debt and offers investors the opportunity to invest in a portfolio of these loans. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities. ----- See important disclosures at masterworks.com/cd