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Reply to "Defaulting on student loan? "
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[quote=Anonymous]OP, first of all, your fiance needs to get his shit together. He needs to figure out a way to use his degree and start paying back the loans. If he finished his degree, he can make more than 30k a year, at least with a second job. If not, he needs to finish that pronto. No talk of going back to school (and another program would cost an additional 100k) until he has a solid plan to pay of these loans. Like others, I encourage you to view his actions and behavior in this matter in the context of how you expect your partner to behave and how you view financial responsibility. If he casually took out 100k to get a degree in art history, decided he doesn't like art history and now makes $10 an hour as a shift manager at Starbucks, that's an indication that he will continue to make poor decisions in the future. If you decide that you must stay with him, I strongly advise you to work this out with a financial advisor. It may make more sense to delay the marriage (on paper) until he gets his financial house in order. Is this guy really worth taking on a lifetime of bad financial decisions or waiting 8 years for? [/quote]
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