student loan debt

[Anonymous]

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

[Anonymous]

Anonymous wrote:If not a troll, sharing that she should look into and plan for PSLF (student loan forgiveness for public school teachers after 10 years)

I agree with this. Also, they should either not marry, or get advice on a pre-nup. I paid off my spouse's loans and it was fine, but GF has a massive amount of debt with a very low-paid job planned and that makes me question her judgment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

I'm implying that going to an elite school that costs 70k a year that you have to finance through loans in order to get a job where you will never have any hope of paying off those loans and raise a family unless you marry well strongly implies it.

[Anonymous]

I would butt out now that you have voiced your concern. If it gets back to his GF and he marries her, this could poison your relationship with her going forward.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

I'm implying that going to an elite school that costs 70k a year that you have to finance through loans in order to get a job where you will never have any hope of paying off those loans and raise a family unless you marry well strongly implies it.

If they're federal loans she can do PSLF, file taxes separately, and get them forgiven in 10 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

I'm implying that going to an elite school that costs 70k a year that you have to finance through loans in order to get a job where you will never have any hope of paying off those loans and raise a family unless you marry well strongly implies it.

If they're federal loans she can do PSLF, file taxes separately, and get them forgiven in 10 years.

OP has said that some are parent plus. 200k in loans implies that the bulk are not federal

[Anonymous]

So your son was a Jeff Scholar? Probably easy to figure out who he is.

[Anonymous]

Anonymous wrote:So your son was a Jeff Scholar? Probably easy to figure out who he is.

A jeff scholar followed by a masters in CS from GMU probably narrows it to OP's kid

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

I'm implying that going to an elite school that costs 70k a year that you have to finance through loans in order to get a job where you will never have any hope of paying off those loans and raise a family unless you marry well strongly implies it.

You sound envious. Sorry your life sucks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So your son was a Jeff Scholar? Probably easy to figure out who he is.

A jeff scholar followed by a masters in CS from GMU probably narrows it to OP's kid

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

I'm implying that going to an elite school that costs 70k a year that you have to finance through loans in order to get a job where you will never have any hope of paying off those loans and raise a family unless you marry well strongly implies it.

You sound envious. Sorry your life sucks.

If OP's kid balks, there isn't much to be envious of.

[Anonymous]

OP your son does not have a limitless choice of partners that attended elite schools, want to marry him, and have better finances. If you were saying she was unemployed or had loans and never graduated, I’d see your point, but all you’re doing is setting yourself up to be the family that hated her because she was poor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a dad that makes a point of staying out of my kids' personal and private lives.

My 25 years old son told me that he is getting serious with his 24 years old GF and that they are discussing marriage; however, his GF will finish her master degree in education in a few months with a 220K in student loan debt. My son did not have any student loan debt because he was fortunate enough to get a full scholarship + room/board at UVA (his gf is also attending UVA). He also just finished his Master degree in CS at GMU without any debt. While the student loan debt is a big concern for him, it is not a deal breaker. He asked me what I would do and I told him that while money isn't everything, it is going to take both of you a long time to pay that off. Are you going to be OK with that? WWYD?

It seems like she went to UVA for the Mrs and that it worked out for her.

Are you inferring that becoming a teacher means you are trying to find a well-heeled spouse? I guess Chasten Buttegieg got his Mr.

I'm implying that going to an elite school that costs 70k a year that you have to finance through loans in order to get a job where you will never have any hope of paying off those loans and raise a family unless you marry well strongly implies it.

If they're federal loans she can do PSLF, file taxes separately, and get them forgiven in 10 years.

OP has said that some are parent plus. 200k in loans implies that the bulk are not federal

Parent PLUS loans are federal and can be consolidated by the student for PSLF. That is likely what this son's girlfriend was planning on before she met the son. Many teachers do PSLF, so the total amount of debt taken out is less important than post-graduation expected income. She'd likely be better off not marrying for the next decade until she meets her 120 payments, but if they're mid-20s now that's not realistic (nor romantic).

https://studentaid.gov/articles/teacher-loan-forgiveness-options/

[Anonymous]

Anonymous wrote:So your son was a Jeff Scholar? Probably easy to figure out who he is.

OP here. He got the scholarship by winning the competition from tech company in Silicon Valley while in high school.