Why is it that if people disagree with other people, they are automatically labeled under-informed? Aren’t people allowed to have different opinions anymore without being labeled “ilk”? This goes for both sides by the way.
As far as Dave Ramsey is concerned; I listen and am a fan of his debt and life insurance advice, but not his investment advice for the reasons described above.
I believe his student loan advice comes from a mindset of what happens if you don’t finish and now don’t go from being a paralegal to lawyer. Now you’re still a paralegal, but with law school debt. Or the female doctor I heard who financed medical school, but now wanted to stay at home with the kids. She couldn’t because she still had too much debt. Not saying it’s right or wrong, but I think his plans are for worst case scenarios.