The speaker warns about the upcoming changes to student loan repayment programs due to new legislation. They advise preparing for these changes, especially if taking on more 0% interest debt, as failure to adhere to repayment plans could lead to wage garnishment.
"Well, if you don't follow it, then how can you even potentially try to speak on it? I'm sorry, but no. Like, this was passed into law. That is the new student loan repayment programs. Okay, this is coming. I want you to prepare your life for it because if you're adding more 0% debt, which isn't inherently a bad thing necessarily, it is conceptually driven and it will make it harder for you to make a minimum repayment on your student loans after a few months of not paying them. They will go into default and they will garnish your wages and that is not consensual"
