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Reply to "student loan debt"
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[quote=Anonymous][quote=Anonymous]I would recommend pre marital counseling where they talk seriously about financial plans. Ie: we will prioritize paying off the student loans so we will each put 20%/40% of our salary towards that and postpone getting house cars baby, etc, until it’s gone. [/quote] This is the only good advice on the thread. OP’s son needs to understand the reality of these loan payments and decide if he is okay with them. People who are saying let her make a dent on it for a few years alone are idiots. How much of a dent will she make on her salary? I know several spouses who switched careers or decided to go for further education and used marital savings to pay for business school or another grad degree. Maybe their earnings were higher than this young lady, but OTOH, teachers have a lot of flexibility. Maybe OP’s son is okay being in a traditional relationship where he makes the money and his wife is the primary parent. Only premarital counseling will reveal that.[/quote]
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