The Daily Meaning
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When "Skin in the Game" is Anything But
One of my favorite topics to engage in with teens and parents alike is the idea of getting through college debt-free. As you can imagine, this can be on the controversial side of the conversational spectrum. However, it’s something I believe in deeply, and I have countless examples of clients, friends, and youth group kids successfully navigating that journey. It’s one of my favorite wins to acknowledge and celebrate.
"I Did It!!!"
One of the main topics I teach in our high school money class is how it’s possible for every single person to graduate from college debt-free. Not surprisingly, this is a very controversial idea. Our culture teaches us that we are either a have or a have-not, and our student loan fate rests in which one we are. I think this toxic belief is one of the primary reasons why much of our society is crippled with a ton of student loan debt.
We Ruin Them Young
Last night at youth group, we opened registrations for the money class I teach each year. This will be the 9th year hosting the class, and we’ve taken 175 high school students through it over the first eight years. Walking alongside these kids is always one of the highlights of my year. One of my favorite parts about the class is a scholarship program we developed in conjunction with it, where students who go through it have the opportunity to apply for a scholarship when they are seniors. To date, we’ve granted $48,000 in scholarships thanks to a number of generous financial partners who have chosen to bless our youth in this way.
The New Student Loan (Forgiveness) Crisis
We have a student loan crisis brewing in America. No, not the $1.75 trillion (and growing) of collective student loan debt that’s hindered the future of two generations. That crisis is well-documented, and tragic. The crisis I’m talking about today has more to do with the recent student loan forgiveness program.