MatureDJ
Master Don Juan
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How Student Loan Debt Is Destroying Marriages
"I'm essentially a credit hostage. If she declared bankruptcy, 100 percent of the burden would land on my lap."
melmagazine.com
Maybe poonless men will start spinning PayOffWifey'sStudentDebtGame?‘I’m essentially a credit hostage. If she declared bankruptcy, 100 percent of the burden would land on my lap.’
my opinion: This is almost as bad as adopting a Single Mommy's xenospawn.The third scenario, however, is the least discussed of the group — partners who take on student loan debt accrued during the marriage or relationship by cosigning on it. Take John (not his real name), a 32-year-old engineer who agreed to cosign his wife’s student loans so she could advance beyond working as a receptionist at a veterinary clinic to pursue a career in wildlife and natural resource management. “When a significant other asks you to cosign a student loan, what choice do you have?” he tells me. “It’s a rock-and-a-hard-place kind of situation. You really don’t have a solid argument to discourage cosigning. Because your marriage isn’t going anywhere, right? Really, it’s a no-brainer, since you’d look like a total selfish jerk if you didn’t cede the point.”