Join us for an engaging episode where we discuss the challenges of student loan debt, book pre-orders, and the impact of government involvement.  We share our humorous anecdotes about shipping books and the importance of learning from mistakes. What You’ll Learn: - The discussion on the history of student loans, default rates, and the negative consequences of government involvement.- The increase in student loan default rates due to government subsidies and amendments to the Higher Education Act.- The financial burden on students, marketing tactics for unnecessary degrees, and the concept of student loan asset-backed securities.- Comparison between the mortgage market and student loan market, emphasizing the legal implications and financial hardship of student loan debt. Discover the impact of student loan policies, the risk of unnecessary degrees, and the advice to avoid student loan debt.  Stay tuned as we explore the long-term implications of these policies in the next episode. Ready to set your teen on the path to success after high school?  Apply for our Degree Free Launch Program and let's build them a personalized career roadmap: https://degreefree.co/launch To keep up with everything Degree Free check out our website: https://degreefree.co Your questions, answered on air! Head over to https://ask.degreefree.co/question and Ryan and Hannah will answer your question on the podcast! Want to help your 16-20 year old build the life they want without wasting 5 and half years and going into crippling student debt?  Get your copy of "The Degree Free Way" workbook! Guide your 16-20 year old to jobs that help them reach their goals. All while saving time and money. Discover personalized career options and clear direction with this comprehensive workbook set. Get "The Degree Free Way" Workbook here → https://degreefree.co/book