Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Relationship Discussion (non-explicit)
Reply to "Husband is a financial liability "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm sorry OP. It's crazy he has student loans at 60. Did he go to law school later in life? I'm not doubting you, I'm trying to say that this tells me you are correct that he is financially irresponsible. Have you been to counseling? Is it possible to separate finances and keep him on a budget? I understand your fear with his contract ending. Realistically if he's had a spotty work history and at his age, contract work may be the best he can do. [/quote] yes, law school at 30[/quote] I am trying hard to imagine what law school your DH could have gone to 30 YEARS AGO and still have such a huge loan balance. 30 years old is not “late in life” to be going to law school. 30 years ago was well before tuitions started getting crazy. 10 years ago would be another story.[/quote] He borrowed for both undergrad & law school. And I typed it wrong. Undergrad at 30. Law school at 35. [/quote] Still insanity.[/quote] +1. I also don't totally understand. Your DH went to law school approximately 20 years ago before the massive tuition hikes. I'm going to assume he didn't go to a T-14 school and that biglaw wasn't an option so maybe he's worked at lower tier law firms most of which don't pay very well. Still, he's had almost a 20 year work history and even if he deferred these loans it's hard to imagine how his loans could still be so high even in his late 50s. Also, even back then there were loan forgiveness programs. I think it was something called ICR (income contingent repayment) or something like that. How long have you guys been married? Maybe you can look into whether he is eligible for any loan forgiveness programs now although other than the public service one it's probably going to be a tough sell because he won't be working for 20 more years. Is he doing contract work like doc review? There is no future in that work and if he's tainted his resume with it he's probably not going to be able to get a better job other than maybe one of those VA board of appeals jobs. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics