Interview · moment 7 of 33
Student Loans, Credit Card Debt, and Skipping College
from The Joe Rogan Experience | #330 · #330
4 min
Guest
They discuss how student loan debt can't be discharged in bankruptcy unlike other debts, a story about a disastrous first credit card with fees exceeding the limit, and whether college is worth it given campus insanity and oversupply of doctors and lawyers.
- Tim got a credit card with a $200 activation fee and only a $250 limit, making it impossible to use.
- Student loans are the one type of debt you can't escape through bankruptcy.
- Tim argues against going to college, questioning what anyone actually learns at mid-tier universities.
- Low-level mid-tier schools exist mainly for football and partying, not actual education or career preparation.
- College is necessary if you want to be a doctor or lawyer, but we don't need more of either profession.
- Most college students major in business or marketing with no idea what they're actually going to do.
- Tim dropped out of community college to start selling subprime mortgages and regrets not having the college experience.
- Despite his unconventional path, Tim believes his journey through crazy experiences made him good at comedy.
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