The Ramsey Show Highlights
1
My Girlfriend Is Bringing A $350,000 Student Loan Debt Into Our Marriage!
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50 comments
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WTF was she thinking?!
I'm sorry dude but,,RUN !!!
hahahahaha, I still flex, helped my wife pay 217k in student loans and I end up making more salary, i always flex for fun hahahaha
I wouldn’t get in this marriage. That’s just way too much debt. I’d let her clean this up separately bc this is insane & abnormal.
Wonder how casual she’ll get about the relationship after he suffers and helps clean up her mess. Women initiate most divorces.
why don’t I believe he makes 107k?
Dave tell him the truth!!!!! RUN!!!!
She’s getting pregnant on the honeymoon watch
Also, who's gonna pay for the wedding? Is that extra debt they will go into?
It's called she better plan on getting her butt to work for a long while.
I would not marry someone who clearly failed the marshmallow test. She has not shown him her plan to pay this off on her own. She doesn’t have one.
Life is a risk, carnal! Get married, have kids, divorce and pay child support to take care of her and your kiddos.
“We may not have money, but we got love” 😂😂
Choose wisely.
Pay off debt first, then get married. Don’t live together and do not fornicate. Hell is a hot place.
Choose wisely!
She is a doctor. Its not a 350k fine arts degree 😂. They will be fine
"How do tackle this?" Do these people hear themselves? John, as a sailor, imagine you are in the engine room of the Titanic.
Just f*ckin bail. Why can't we say that more?
He's a damn fool!
🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️
Caller sounds like Stephen Graham
There's no reason college should cost that much =/
Been there done this with my wife who was in medical school although the loan debt she brought to the marriage was about $180K and not $350K. You attack the loans with highest interest first which are going to be the student debt loans in this case. Like Ramsey says, you attack the he** out of them over a couple years and then poof they are gone. No reason they couldn't do this with them probably making ~$250K/year collectively and not sounding like expensive children are in the picture yet. It seems like they will have about $15K net income after taxes – live on $5K and pay $10K/month on the student loan debt. Also take that $110K investment portfolio and cash it out and pay towards the student debt – from a financial point the 6-8% interest on $350K is accruing debt WAY faster than the likely 5-6%ish percent portfolio is growing wealth on $110K in assets. They can have their debt paid off within 3 years from what I'm hearing. Would probably be smart to wait a couple years to take on children if they want them to clear this debt first or at least until the very tail end of paying it off. Also no new cars or buying a house during this payoff period. Agree with Ramsey that the girl needs to be onboard with the approach or it is a no go for marriage. Since this is a 2 year old video I'd be curious to get a life update from this guy. Does Dave ever do that stuff? If they went after their debt like I described above they should be under $100K debt by now and dropping fast with the prospect that they will be debt free and have $15K+ net income within a year or so. Like I said been there done that. I took a similar approach like this with my wife about 7-10 years ago to pay off the $180K student debt and we just crossed over $1M in net assets and I am not yet 40. We have no debt other than our home loan at 2.99%.
I'm curious to know WHEN she told him about this debt and whether she made sure she'd reeled him in and leeched free stuff from him first or paid her own way.
Dude, what kind of woman would voluntarily tie a man to this? No self respect. RED FLAG
You won't even be there to know if she's actually doing her part because you're stationed
Dave is wrong.
#1 cause of divorce is marriage.
Nut job!! He must be desperate!
I would hold off proposing for at least another year after graduation to see what she does of her own volition. Buy a new car? Get a ritzy apartment? Or get to work and take it seriously?
once the debt is settled she will leave him
So she has to pay off the debt herself but share her huge salary with him?
I filed bankruptcy before we got married and had 10k in student loans left. Glad my husband took a risk on me. He's never had any debt.
I, personally, would not – no chance
He is a good man… he is better than me… no thank you
Omg! This is NOT the one! He would be better off finding a woman with no debt, or minimal $20,000 or less imo I also firmly believe whatever debt you had BEFORE marriage is YOUR responsibility. I just can't see him not being resentful later. That's my two cents as a woman of 45 years old
Shell still be paying this off out of her social security check.
350k is student loans to specialize in donkey circumcision. You are the first donkey on the list. Run my man run. I hope you are still running 2 years later
F love. I am out.
This is an old post but I’m here now. I would have put the wedding off until she paid off at least half of the debt. And that is her paying it off. Not married, not my responsibility.
Run
he needs to dump this chick shes bad news and will drain his bank account
Yeah what a "blessing"…
She needs to pay off at least half of this before they even consider getting married. Life can throw things at you when you least expect it.
Just looked up vet school average and they are saying 200K for in state and $250K for out of state. Some of the vet schools are $400K. No way.
Prenup. Otherwise nope
How the heck does anyone lend people 350K to study?
Veterinarians don't make that much. They don't make the same money as medical doctors. It's going to be hard for her to pay that student loan back.
I wouldn't marry anyone who had that much debt.
You will NEVER hear them give a Woman this same advice.
Listening to this, I'm not getting the sense that SHE'S committed to paying off this debt. I get the sense that she's just going to marry him and then rely on HIM to pay it off. If that's the case, if I were him, I'd say: "hard pass." I just think it's wrong to go into a marriage with personal debt like this and expect the other person to pay it off.
I love John and Dave together.
I apologize for the political slant but… anybody not understand why the dems keep dangling student loan "forgiveness" in an election year?
Don't do it.