00:00I'd say you have to understand that when you take a student loan out, student loan in most cases are not dischargeable in bankruptcy.
00:08So you may want to go to some fancy schmancy school, and who knows if that degree will ever even pay for itself giving artificial intelligence now with all jobs, in my opinion, being replaced.
00:20But you should not take out a student loan that is more than what you expect to earn the very first year out of college.
00:30If you don't listen to me, you could end up in big financial trouble.
00:34And parents, do not take out Parent PLUS loans for your children.
00:38Let them take it out themselves.
00:40Or if they don't have the money, there is nothing wrong with going to a community college.
