Allow me to paint a picture:
My sister, 26 years old, and her husband, 29 years old, both currently unemployed.
My sister has a bachelor's degree and a master's that my parents paid for out of pocket. Zero student loans, graduated in May of 2016. My brother-in-law graduated from chiropractic school in December 2017 with $90k in student loan debt. Sister got a part-time job at a hospital and worked for a year (October 2016 to October 2017), then quit her job so that she and the BIL could relocate.
Relocation is happening so that he can open his own chiropractic office. They have taken a loan from his father for $150k to get the practice up and running. Original start date was supposed to be March of 2018, but has since been pushed out until July at the earliest. For those doing the math: 7 months away.
In the meantime, neither are planning on getting jobs. They are renting a 3 br house (it's just the 2 of them) for $2k a month and using the business loan to pay their rent. They are also exclusively shopping at Whole Foods (they only eat organic), are considering purchasing a new (to them) car, and have made plenty of other questionable purchases using the business loan as if it's "income."
$90k in student loan debt, $150k business loan. Both loans set to come due starting in July, or month 1 that they're open for business. They're planning on using money leftover in the business loan to make his student loan payments if needed. No word on what they'll be using to make the business loan payments, and no word on how they'll be paying themselves! The mystery. The intrigue.
Whenever money comes up and my sis senses some skepticism on behalf of my family, I am informed that my BIL was part of a "special program" in chiropractic school (this program is apparently affiliated with the school in some way, but you have to pay to be a part of it on top of your tuition?) that taught him the secrets of how to become a millionaire within a year. They're expecting to be VERY wealthy VERY quickly through this chiropractic office.
Am I missing something here? Are most chiropractors millionaires? Is starting a chiropractic office somehow different than starting other businesses that would make it more lucrative more quickly?
They've also told me that they're planning on buying "a lot of land" (they're in a HCOL area) and building their dream house, and also building homes on the land for myself, my parents, and his parents. That's the level of delusion we're talking about here.