My partner is afraid to marry me because of my debt.’ I’m 35 and have $380K in student loans.

[1srelluc]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

LINK.... archive.md

LOL.... The French Foreign Legion comes to mind.

 

[Moonglow]

Time to find another partner.

 

[progressive hunter]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

archive.md

LOL.... The French Foreign Legion comes to mind.

what kind of degrees can you get for 380K and why cant they produce a steady income??

I wouldnt marry you either,,

 

[iamwhatiseem]

what kind of degrees can you get for 380K and why cant they produce a steady income??

I wouldnt marry you either,,

Exactly... and I am not clicking on the link to see more

 

[Moonglow]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

First off anyone with two masters should be working and earning a six-figure salary or income.

I’m on the income program already and am worried about what happens when payments resume in January

Secondly, the income program is the income-driven repayment plan anyone with student debt knows the proper terms for the programs they participate in.

I can’t afford to have the loans forgiven, because I think it’s a taxable event.

You can't afford to pay taxes on a debt? So they can't afford to pay less or more. Sounds like this is a person who has little knowledge of student loan debt.

 

[TroglocratsRdumb]

The colleges are charging too much.
It is interesting that the colleges are teaching people the great benefits of socialist economics whilst over charging for education.
You should get a better paying job and pay off you school loans.
Barry the Magnificent nationalized student loans, but it didn't seem to help anyone.

How Has That Nationalized Student Loan Program Worked Out?

Not well. Via Prof. Glenn Reynolds, we now learn that Obama's decision to nationalize the student loan program has led to skyrocketing student loan debt. Gee, how could anyone not have seen that coming? Students voted disproportionately for Barack Obama in 2008, and Obama, as president...

collegeinsurrection.com

 

[AMart]

Yeah ain't hitching no wagon to that.

 

[Hang on Sloopy]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

archive.md

LOL.... The French Foreign Legion comes to mind.

How the hell did you get someone to even consider marriage??????

Anyway student loans are not assumable or responsible by a spouse ever. It is your mess

What the fuck did you spend 400 fucking thousand to learn????............Gender studies?

Is a Spouse Responsible for Student Loans? | LendingTree

Is a spouse responsible for student loans acquired before or during a marriage? It depends, so read on to learn more about student loans and marriage.

studentloanhero.com

 

[1srelluc]

It's the perfect example of why the .gov should not be involved in student loans. If you can't get a full ride for some liberal arts degree then you better be working toward becoming a producer that enables you to pay-off the loan or no loans for you. Loans should also be grade-based where you only get a "draw" for the next semester based on the stipulations in the loan contract.

 

[Otis Mayfield]

Inflation really helps with student loans.

Thanks, Joe!

 

[Rambunctious]

It would be like marrying into bankruptcy....no thanks....anyone under 40 with $380,000 worth of debt will have money problems for the rest of their lives...no matter what you do about this specific debt....
Kind of like our nation today...35 trillion dollars in national debt will keep America broke until we are all dead and your kids grandkids and their kids and grandkids too....

 

[SmokeALib]

What's a partner?

 

[flewism]

Damm at 4.25% that is $3900 a month for 10 years, she needs to clear 250K annually to afford that.

 

[marvin martian]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

archive.md

LOL.... The French Foreign Legion comes to mind.

^^^Prime Biden voter right there.

 

[1srelluc]

What gets me is that he's even bitching about the tax liability if the loans are forgiven.

That said the average tax liability for him would be around $137K.....Stupid should hurt.

 

[Rambunctious]

Inflation really helps with student loans.

Thanks, Joe!

Interest rates will go up next week and more raises in the rate to come this next year adding to everyone's debt load...better pay off those credit cards and finalize fixed rate home mortgages fast....

 

[1srelluc]

Interest rates will go up next week and more raises in the rate to come this next year adding to everyone's debt load...better pay off those credit cards and finalize fixed rate home mortgages fast....

He's tee-totally fucked if he has a variable rate student loan.

 

[JoeBlow]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

archive.md

LOL.... The French Foreign Legion comes to mind.

How about... get a job? And stop having kids. I wouldn't marry you either, you're a disaster.

 

[Rambunctious]

Inflation really helps with student loans.

Thanks, Joe!

And Joe will fail to forgive student loan debt like he promised...no way will dems running for re election vote to remove debt from rich families and their university age children when poor folks can't afford food gas clothes and housing.....

 

[Canon Shooter]

Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters degrees, and I owe $380K in student loans. I’m on the income program already and am worried about what happens when payments resume in January. I can’t afford to have the loans forgiven, because I think it’s a taxable event. Is there anything I can do to protect my family and lessen the blow for me?”

archive.md

LOL.... The French Foreign Legion comes to mind.

Put wedded bliss out of your mind.

You need to get a handle on things, and you need to do it in a hurry. As others have commented, I'm having a difficult time figuring out what you spent $400 large on to learn and why you can't make a comfortable living after having spent so much to learn it. I have a high school diploma and earn into the high six figures. $380K just on student loans?? Man, I should be fetching your coffee.

Get your head around this. I've been rich and I've been poor and, trust me, rich is better. Get a financial advisor; one with a long history of success. Have him climb up the asshole of your finances to figure out the best path to put all of this behind you. He will likely charge you a handsome sum for this. Pay it. Pay it because, in the long run, you'll be better of for it.

If you don't mind my asking, where did you go to school, and what are your degrees in?