Would you have a serious relationship with someone with 200k in student loan debt?

[Anonymous]

Anonymous wrote:
I think in this circumstance, it is OK to develop a serious relationship with her. She regrets the financial decision to have taken such a big loan, and is trying to pay it down more quickly. If you do get serious and get married, you have a very high salary and no loans to pay off yourself; together with a wife who has learned to be frugal, you guys will do absolutely fine.

This is total insanity. So this man should subsidize her life and her lifestyle because he makes a lot and she makes little?

Life isn't fair. She can find someone else. There's a sucker born every minute.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
This is OP. I received a full-ride 4 years academic scholarship to UVA, tuition + room/board. I am making 250k/yr at Apple, and I am financially independent. I stay at my parents' condo because it is sitting empty and they are always traveling. They also have their own house. I am saving money and responsible with money. What is your problem?

The young lady I am dating regretted her decision to attend WF because she got caught up in the moment. She is a tutor on weekends to make extra money to pay off the student loan. She is still living with her parents, drives a 15 years old car so that she can pay off the student loans faster. She was very honest about her student loan situation after our 3rd date, and yes, she is very pretty.

I'm sure she's the hottest babe you think you'll ever land. Why can't you just date for fun? You make $250k/yr at Apple, I'm sure women are offering to have your babies all the time.

This. Unless OP wants a teacher/SAHM for a wife and he’s willing to pay $200k for it. But he could easily find that for free too.

[Anonymous]

My wife graduated law and biz school with 240k of debt and never got a job that pays that much. That combined with being laid off and having almost a year of job loss half a decade ago definitely made things difficult. Fortunately now we are down to 100 and have a hhi that will comfortably allow us to pay that off in the next year

[Anonymous]

Poster from above… would not recommend. Not great for buying a house, starting a business, or really anything.

[Anonymous]

No I would never consider that unless it was for a high income position like a doctor.

[Anonymous]

All I can say is, “Shame on Wake Forest” and this woman’s parents.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Honestly, I would not. My DH had 70k of student debt when we first met and was paying it down very slowly. I worked really hard to pay mine off quickly, so I had none. I wanted to save up and pay his off quickly, he didn’t want to do that. It’s honestly the biggest thing we fought about and now that he got the loans forgiven we finally don’t really argue about money. 200k of debt is insane for undergrad.

This is OP. I am 25 years old. I graduated from UVA at the age of 20 and have been working at Apple for the past five years, making around 250K/yr as a SWE. I have about 500K in the bank. I live rent free in a condo that my parents own and I don't have to pay for food because I eat breakfast/lunch/dinner with my aunt & uncle who live in the same building as I do. I don't mind paying off her student loan debt if she is "the one". My mother was a retired MontCo public school teacher.

You make $250K/yr and you’re freeloading off your aunt and uncle for three meals a day? Someone tell that teacher to run.

This. You should find someone equally as cheap.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Honestly, I would not. My DH had 70k of student debt when we first met and was paying it down very slowly. I worked really hard to pay mine off quickly, so I had none. I wanted to save up and pay his off quickly, he didn’t want to do that. It’s honestly the biggest thing we fought about and now that he got the loans forgiven we finally don’t really argue about money. 200k of debt is insane for undergrad.

This is OP. I am 25 years old. I graduated from UVA at the age of 20 and have been working at Apple for the past five years, making around 250K/yr as a SWE. I have about 500K in the bank. I live rent free in a condo that my parents own and I don't have to pay for food because I eat breakfast/lunch/dinner with my aunt & uncle who live in the same building as I do. I don't mind paying off her student loan debt if she is "the one". My mother was a retired MontCo public school teacher.

I’m Asian and you sound Asian. You are shameful. Such a man child I bet raised like a little entitled prince.

This girl needs to run from you. You will always be a beta dependent on your family. Pathetic.

This is OP. I received a full-ride 4 years academic scholarship to UVA, tuition + room/board. I am making 250k/yr at Apple, and I am financially independent. I stay at my parents' condo because it is sitting empty and they are always traveling. They also have their own house. I am saving money and responsible with money. What is your problem?

The young lady I am dating regretted her decision to attend WF because she got caught up in the moment. She is a tutor on weekends to make extra money to pay off the student loan. She is still living with her parents, drives a 15 years old car so that she can pay off the student loans faster. She was very honest about her student loan situation after our 3rd date, and yes, she is very pretty.

The point is you obviously had tons of advantages growing up, and still benefit from your parents, but are finding fault from this woman who clearly made a decision at 18 but now lives appropriately.

UVA fell academic scholarship? I’m not sure I’m buying that.

Yeah. At 16? Doubt it.

[Anonymous]

Anonymous wrote:I'm shocked by the responses on this thread. This girl was what, 17, 18 when she made this choice? Good grief. There are a number of ways to handle this if you even get to the point where it matters. If she plans on being a teacher long term she was never going to be a big financial contributor to your possible future family anyway. And she's 23--it's very possible she could pivot to a higher paying career at some point. I do agree her attitude about it now and plan going forward matters.

I agree on some points. She made a poor decision and hopefully learned from this mistake. Only the OP knows her current spending patterns- any $1000 purses in the closet? Run.

I have an adult DC with a significant other with 200kplus debt [grad school]but high earning potential. Some of my friend's kids have high debt and low income based on choice of majors. And are not steady income stream earners like an FCPS teacher.

This sort of thing really complicates the whole student loan forgiveness debate since even at 17 or 18 these people should be cognizant of the ramifications of the debt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm shocked by the responses on this thread. This girl was what, 17, 18 when she made this choice? Good grief. There are a number of ways to handle this if you even get to the point where it matters. If she plans on being a teacher long term she was never going to be a big financial contributor to your possible future family anyway. And she's 23--it's very possible she could pivot to a higher paying career at some point. I do agree her attitude about it now and plan going forward matters.

I agree on some points. She made a poor decision and hopefully learned from this mistake. Only the OP knows her current spending patterns- any $1000 purses in the closet? Run.

I have an adult DC with a significant other with 200kplus debt [grad school]but high earning potential. Some of my friend's kids have high debt and low income based on choice of majors. And are not steady income stream earners like an FCPS teacher.

This sort of thing really complicates the whole student loan forgiveness debate since even at 17 or 18 these people should be cognizant of the ramifications of the debt.

So the only way for the nation to get teachers is to give visas to foreign teachers or to hope that a handful of the population who can afford college without debt will choose teaching.

Is this really a way forward for the nation?

[Anonymous]

Anonymous wrote:

She went to the a school based on fit/rank/whatever rather than based on what she could afford. People really need to tell donut hole kids (and poor kids and schools that are stingy with grants) to go to cheaper schools where they belong.

Do we really want quality education to be something reserved only for the wealthy?

[Anonymous]

Anonymous wrote:All I can say is, “Shame on Wake Forest” and this woman’s parents.

Agreed, but also shame on her. She’s an adult who took out loans for a degree she knew wouldn’t pay much. Yes, even 18 year olds need to be smarter than this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm shocked by the responses on this thread. This girl was what, 17, 18 when she made this choice? Good grief. There are a number of ways to handle this if you even get to the point where it matters. If she plans on being a teacher long term she was never going to be a big financial contributor to your possible future family anyway. And she's 23--it's very possible she could pivot to a higher paying career at some point. I do agree her attitude about it now and plan going forward matters.

I agree on some points. She made a poor decision and hopefully learned from this mistake. Only the OP knows her current spending patterns- any $1000 purses in the closet? Run.

I have an adult DC with a significant other with 200kplus debt [grad school]but high earning potential. Some of my friend's kids have high debt and low income based on choice of majors. And are not steady income stream earners like an FCPS teacher.

This sort of thing really complicates the whole student loan forgiveness debate since even at 17 or 18 these people should be cognizant of the ramifications of the debt.

So the only way for the nation to get teachers is to give visas to foreign teachers or to hope that a handful of the population who can afford college without debt will choose teaching.

Is this really a way forward for the nation?

No. Teachers with non-rich parents (or ones who won’t pay) should attend state school and have their loans forgiven after x number years of service. There is nothing special about Wake Forest.

[Anonymous]

Honestly no I wouldn’t settle down with someone like that. Not just because it will cost me 200k but also because the person has terrible judgement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm shocked by the responses on this thread. This girl was what, 17, 18 when she made this choice? Good grief. There are a number of ways to handle this if you even get to the point where it matters. If she plans on being a teacher long term she was never going to be a big financial contributor to your possible future family anyway. And she's 23--it's very possible she could pivot to a higher paying career at some point. I do agree her attitude about it now and plan going forward matters.

I agree on some points. She made a poor decision and hopefully learned from this mistake. Only the OP knows her current spending patterns- any $1000 purses in the closet? Run.

I have an adult DC with a significant other with 200kplus debt [grad school]but high earning potential. Some of my friend's kids have high debt and low income based on choice of majors. And are not steady income stream earners like an FCPS teacher.

This sort of thing really complicates the whole student loan forgiveness debate since even at 17 or 18 these people should be cognizant of the ramifications of the debt.

So the only way for the nation to get teachers is to give visas to foreign teachers or to hope that a handful of the population who can afford college without debt will choose teaching.

Is this really a way forward for the nation?

no wonder the teaching quality has gone way downhill