Dating A Man With Massive Amounts Of Student Loan Debt? (over 100,000k)

[perfumenista]

.

 

[Dee-Licious]

Does he know what specialty he wants to go into? Is he close to the top of his class? Does he plan to go to a rural area for 5 years in primary care to have student loan forgiveness or another program?

A MD's student loan debt is not like credit card debt *to me* but you have to consider a few caveats.

 

[Dellas]

Keep your finances separate. As long as he is managing it.
Step mom had 50K of credit card debt but 100k plus job. Dad and her always filed separate taxes. Never got anything in their names. He owns one house and she owns another house.

Lived 15 years in his house and 20 in hers.


If he has high std. Loans and credit cards and is not an MD then.....

I am not a lawyer but you can keep your assets and debts separate

http://www.magnifymoney.com/blog/tax/student-loan-taxes-marriage381664043/

Student loans may be more manageable that credit card. As long as it wasn't a private loan company.

 

[Bunnyhaslonghair]

Is there anyway your niece can just join this board?

This is tough. I might consider him but I would also consider a prenup. Can they do prenups that expire after a certain amount of years?

 

[Dellas]

https://mobile.nytimes.com/2011/02/13/business/yourtaxes/13spouse.html

Visit a tax attorney and financial planner.

People with debt get married all the time.
The main things is has he learned and is actively paying and can handle his own debt.

1. If he can manage is own debt then do everything separate. This includes child support.
2. Is he still ignorant and self destructive then any debt accrued during marriage can be an issue.

Past behavior not bad as long as managed and got control. Don't need my help. Current behavior and no growth....issues.

Every new relationship need a tax and financial planner.

 

[RocStar]

$100,000 in student loans is not a massive amount for med school. I wouldn't let that be the sole reason for not even getting to know him (assuming everything else seems ok).

 

[hopeful]

At this stage does it even matter? If she just met him she doesn't even know if she'd enjoy dating him or even want to be his girlfriend. I honestly think it's premature to even worry about a MD students' debt load. JMHO.

 

[sarumoki]

$100,000 in student loans is not a massive amount for med school. I wouldn't let that be the sole reason for not even getting to know him (assuming everything else seems ok).

If he's still in school, that 100k could be 200k by the time he's finished though.

But I agree, depending on what he's planning on specializing in that wouldn't keep me away. But everything financial would be done separately.

 

[Theresamonet]

The other half of men don't have degrees, careers, or jobs at all. I'd work with the doctor with 100k debt.

 

[Evolving78]

At this stage does it even matter? If she just met him she doesn't even know if she'd enjoy dating him or even want to be his girlfriend. I honestly think it's premature to even worry about a MD students' debt load. JMHO.

This! Will she even like him tomorrow? Lol

 

[Foxglove]

100k is nothing for med school debt

 

[feferity]

100k is nothing for med school debt

Yeah, I was like "that's all?"

 

[intellectualuva]

What kind of doctor? In general, I wouldn't mind it.

 

[movingforward13]

Every new relationship need a tax and financial planner.

Agreed -if they get married.

OP, Let me know if you need someone.. I know a nice woman - CPA and an Enrolled Agent. She does financial management and tax planning for folks. If they aren't in her area (DC) she can do something remote.

 

[movingforward13]

To answer the question- I wouldn't mind at all. He has earning potential. I can snowball our debt and order our finances while he focuses on making the money.

 

[GoingBack]

Yeah, I was like "that's all?"

I'm saying....my ex was at 250K when we were dating.

 

[LdyKamz]

This is not high for a med school student in my opinion. If he's practicing and doing well for himself his med school debt does not concern me at all.

 

[Oasis]

100k debt for a doctor is not a big deal. obviously some specialties have relatively low pay but even those docs are still making way more than the average person.

Is there anyway your niece can just join this board?

right.

 

[Supervixen]

Debt only applies in the USA...

 

[intellectualuva]

Debt only applies in the USA...

You're the 3rd person I heard say this....

Y'all keep playing and Trump and his friends will find a way to block passport renewals the way they do for folks with back child support.

 

[Supervixen]

You're the 3rd person I heard say this....

Y'all keep playing and Trump and his friends will find a way to block passport renewals the way they do for folks with back child support.

Ha! Well, until that day...it's an option.

 

[okange76]

You are late. People's passports are already being confiscated for child support so they don't flee. If you owe more than $2500 you are not eligible for a US passport. It's on the travel.gov website of the State Dept.

You're the 3rd person I heard say this....

Y'all keep playing and Trump and his friends will find a way to block passport renewals the way they do for folks with back child support.

 

[intellectualuva]

You are late. People's passports are already being confiscated for child support so they don't flee. If you owe more than $2500 you are not eligible for a US passport. It's on the travel.gov website of the State Dept.

I already know that. I'm talking about this government suddenly using that same tactic on other debt like student loans. It was a cheeky response to a comment I'd seen a few times and some articles I'd read about folks leaving the US because of student loan debt..

 

[Fine 4s]

The only thing I'd care about is his plan to pay it off and his attitude towards debt.

 

[Fine 4s]

You are late. People's passports are already being confiscated for child support so they don't flee. If you owe more than $2500 you are not eligible for a US passport. It's on the travel.gov website of the State Dept.

Apply for a passport anyway! I know a guy who still got a passport and owed way more than the threshold. He knew it could get rejected but tried his luck.
It can't hurt to try.

 

[jeanghrey]

If that's his only debt it wouldn't concern me too much, unless he's got bad money management in other areas of finance

 

[Belle Du Jour]

My niece met a prosepctive man. He is in med school, but has well over 100k in debt.

She has no debt whatsoever.

Given his financial situation, is he even worth dating?

She's putting the cart before the horse. A date isn't a big deal and the relationship might not even go anywhere. She can consider the debt situation when an actual commitment is on the table. No need to stress out about it now--stay in the moment!

 

[GeorginaSparks]

I like that she's thinking about his debt very early in the game though. And yes, 100k is nothing for a Doctor but it also depends on his specialty.

 

[intellectualuva]

She's putting the cart before the horse. A date isn't a big deal and the relationship might not even go anywhere. She can consider the debt situation when an actual commitment is on the table. No need to stress out about it now--stay in the moment!

This.

And keep a rotation. She may meet another man with even better prospects. I'd let him and 100k in student loan debt buy me dinner. lmao.

Most med students are broke and busy though, so she should have plenty of free time to explore all of her options.

 

[lavaflow99]

$100,000 in student loans is not a massive amount for med school. I wouldn't let that be the sole reason for not even getting to know him (assuming everything else seems ok).

Right?!?! That is quite an amazing "low" for med school loan debt. Most are in 300-400k these days. Mine was around 150k then again I graduated over 10 years ago and prices for med school today have increased exponentially. So if the relationship lasts, he's an upstanding guy and makes it to marriage, they will be alright.