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Reply to "Daughter married a doctor, he’s pressuring her to pay off his student debt"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re not meddling, our daughter came to us about this. She has a great career, advanced degree, and zero student debt. She met her husband while he was a medical resident, so all of his debt accumulated not just pre-marriage, but before they even met. It’s an eye popping sum I think in part because he attended prestigious private colleges, while she attended public universities our family could afford. Should she be helping him wipe out such debts?[/quote] Sorority sister helped pay off her now ex-husband’s medical school loans. He used the newfound financial freedom to go buy a $100K convertible Mercedes and began cheating on her. A lot of doctors are scummy narcissists and terrible with money.[/quote] It's actually quite shocking how so many are god awful with money. I get it though. They've been sacrificing and pinching pennies for 12+ years since graduating high school. They are finally making some respectable money and feel they have arrived. So lots of them get no-downpayment doctor loans for a nice house and a pricey vehicle lease. And that's on top of paying back their loans and even taking out more debt to buy into a medical practice.[/quote] It’s the singular focus on medicine and hubris. They have huge childlike blind spots but don’t acknowledge them. They arrogantly believe they always know better, so they often spend recklessly and ruin their finances. OP’s daughter has demonstrated fiscal responsibility, her husband has not, yet he believes he has the right to take charge of her finances to dig himself out of a hole. Once he uses her to get out of a hole, he’ll probably blow money on a Porsche and buying into a practice.[/quote]
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