My Wife Has $190,000 of Student Loan Debt and Is a Stay At Home Mom
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This immediately makes me feel better about being single
Yes!! I love these stories too.
YUP
@Jeff Lee or marry a hot guy who will pay off your debt, lol. Don't know if this guy is hot, but he's definitely about to pay off his wife's debt, lol.
Here here
@@kimberly77ish well he's hot in the pocket lol
100% certainty if a woman called in saying she makes $170,000 a year and her husband had the student loan debt. He would without a doubt tell the woman that her husband needs to get a job asap and start paying on his student loan.
Dave Simp Ramsey
Tyler Fabish LOL
He's beta
Correct! Hypocrisy at its finest
Exactly.
#1 - Masters Degree in Social Work doesn’t pay well
#2 - Overpaid for the Master Degree
#3 - She needs to work
If she goes into the public sector and works for 10 years, while making payments on those loans, they should be forgiven. That's honestly the only way to make a Master's in Social Work even remotely financially viable as a degree.
Depends on where you work with an MSW. In major cities, you can get a salary 80k and above. She definitely overpaid for that degree though, wonder where she went.
Degrees in SW don’t pay well period.
You mean she needs to bring in income. She does work, taking care of their kids, which is also important.
@@tigonmiami the caller said they have kids at the beginning of the video...
I don’t understand why these women go get advanced degrees just to be a stay at home mom?
Exactly! If you only wanted to be a stay at home mom (even though they don't have children), you should've went to community college and got an associate's degree
@@banonymous6790 Why? What is the point of an advanced degree to not work? (not a judgement, just curious)
There is nothing advanced about social work at any level. A bachelors in nuclear chemistry requires far more work and intelligence.
Irene Z Goodman exactly? Why waste your time and money to stay at home (unless you’re planning to go back to work once they’re in school but that’s still crazy to me)
It’s not permanent. Some of us see the value in raising our own children. Didn’t he say she’s going back to work soon?
She needs to get a job. It's her burden as well
But isn't being a stay at home mom the hardest job in the world? LOL
@@Julian-zc9vm Exactly, not like there's a dishwasher, washer and dryer, or vacuum cleaner to make chores easy.
@@Julian-zc9vm How is stay at home mom the hardest job in the world? Some women work and then come home and do stay at home mom stuff. lol
@@Julian-zc9vm Yeah it's really really hard when the kids are in school and she's home wasting money on Amazon.
I AGREE!!
I came here for the comments..🤷♂️
🤣🤣🤣 omg! Mee too!
Me too 😂
Same 😂😂😂.. cause ain’t no way I’m paying someone else’s debt specially if it’s the amount of a mortgage 🥴
So did I
Correction since you decided to get married it’s your 190,000 debt 🤦🏽♂️🤦🏽♂️🤦🏽♂️😂😂😂
😂😂😂😂😂😂
That's boomer mentality. I dont have a wife who has debt, but if she did, she would need to be paying off her own loans, i can help with Rent & Food while she gets her feet under her. You pull them out, you pay them off, that's what I think
Sorry, but you're wrong. It's time to move past this kind of toxic sexist boomer mentality. Men and women are equal and they deserve to be treated 100% equal. There should never be any bias based on gender. She should be working to pay off the debt that she accumulated.
Dude, not right.... if women want an education (and I’m a masters educated female) then we gotta use our brain... this is so wrong to expect someone else can clean up after you... sad.
No one should be on the hook for their spouse's stupidity prior to the I do's. Granted no one should say I do to someone who won't address their stupidity.
People should think about their degree as transportation to work. Imagine if someone called Dave Ramsey saying they were $190,000 in debt from buying a Ferrari with their justification being they needed transportation to work. It just doesn't make sense.
Atleast you can sell the Ferrari back or let it repo
Some ferraris are actually cheaper
Even a 50k Benz, BMW, or audi are too expensive for more than 2/3 of the nation
That’s a great analogy.
@@Luminous03 It was. Maybe 20 years ago. The job market has changed. Companies are caring less and less about degrees now. Now it's about having the right skills and good social connections.
She should work. Come on Dave.
Dude makes $175k a year, that’s why he wasn’t saying that she absolutely needs to work. When incomes are a lot lower, then he starts saying that mom needs to go back to work until they get out of the hole.
Kindle Taylor BS it’s not the guys fault for her debt but at the same time it’s the guys fault for marrying someone who is in debt and was okay with her not working. She knew what she was doin. Dudes a sucker
@@kindletaylor6755 doesn't matter. Its HER debt, this man is working to pay a debt he never created. She's going to make him die in debt
@@kindletaylor6755 I bet if the situation were reversed, he'd say that he needs to work and pay off his own debt instead of being a stay-at-home dad. He wouldn't tell the working wife to pay off his school debt.
@@chiaraippolitiHe actually would. Their shovel is big enough.
This guy literally married himself to poverty.
LITERALLY!
He makes 175k. They can clean this up quickly especially if she works part time
@@kay22100 except it's not his mess to clean. There's a reason she married this guy...
@Rikki Jo except for it is his responsibility. Part of marriage. If you don't want to make the commitment then stay single
@@kay22100the half of that its taxes babe.
He’s gonna pay off that 190k. She leave him with the kids.
How about they both contribute to paying off the loan, over the next 3 years.
After 18 years, he finds out the kids are not his.
true dat
And he killed her and get $1m life insurance.win-win
@@reyr.8552 I ain't saying she a gold digger...
She's living the dream!
He's living the nightmare.
That’s the typical marriage in America lol
FACTS
Let me just say that a middle-class full-time working mom with babies/young kids is not living a dream. It is doing everything a SAHM does, minus ~45 hours/week. This is why so many women give up their jobs if they can. Not everybody can begin to handle it. It’s a lot calmer life if the family can swing it.
So she spent $190K to become a social worker, who's salary is less than $50K..... Great investment
The math ain't mathing. It just makes no sense. I guess it's the bragging rights that they attended a plush university to compete with their friends and family.
These men need to do their due diligence before marrying women with debt. She used him and now he’s working to pay off a debt and she will leave him after he does.
LOL! The coach is in the house. Yes, you're absolutely right.
Wow Coach! Good to see u on dave Ramsey channel! I agree, this caller is getting used lol
Man for real these guys get duped SMH.
coach gang! always right about women
Coach!
Man I probably get attacked for this but marrying her was not within your best interest bud.
I'm curious how disagreement goes in this case especially if it's financially. If I was 200 in debt, zero income with a wife making 175 I couldn't sleep good at night disagreeing with any and I mean any financial decisions she decides to make. Because literally she owns me... She would be carrying me on her shoulder for a really long time lol. Without her I'm done 😆. I just can't imagine a healthy marriage when one person has to depend on the other this much. It's like donating a kidney to your sibling... He/she gets mad about something (which we all do), just remind them who's kidney is keeping them alive 🤷♂️.
You shouldn’t be attacked at all, you typed the truth.
We agree w/ you
You are 100% correct
You're absolutely right. I don't know why people are ok with this nonsense
I actually agree with you. Carrying another person like that whether male or female cannot be good for a marriage.
In my opinion, high school guidance counselors need to stop telling students that they NEED to go to college and that they must hurry to apply, regardless if they know what they want to do with their life. This results in students rushing to pick a major which ends up with little to no payout, or in a field they don't even like. If you aren't sure what you want to do after college, don't go yet. Be a truck driver or something.
The trades are a great option as well. (Welding, construction, etc.)
Parenting needs to step in its your child
Just read article whère they Said because of thé cost most are not going To traditionnel college and going To trade school because of this they say in 30yrs most big colleges Will go broke..thé thought of going To college and getting à degree and getting à High paying job when you get out isnt happening then they have this huge dept that takes half there life To pay off and its just not worth it
to nocturnal X: there’s nothing wrong with going to college or telling people that that is one of their options. Nobody’s doing what high school counselors tell them to do anyway not because a high school counselor told them to do it.
I just graduated my mom is begging me to leave home and go to college
Can’t believe not working is an option. 190k in debt ?! That’s why she got married , so you’ll pay her debt .
Idk how people are not working even without debt
PT Barnum....a sucker born every minute.....
She needs to work.
Being a homemaker and mother is work
@@justinmusic1296 I actually agree with your perspective. She is his!! They need to discuss that in house and then escalate it only if that fails
@@8bhushan8 It requires team effort.
@@amosiren That burden requires team effort. Yes it is work but it doesn't generate tangible income that will go towards that payment. The man may become resentful after struggling for a while to pay debt that's not his necessarily. Sometimes we look at the future of the relationship and other issues that may crop up
@@8bhushan8 I agree. It may create lots of other issues in the relationship sooner or later. The bearer of the problem has to do some work too.
He told this guy to pay her debt off, lol. I’m out
Yeah... I’m pretty sure I’m out too. I am here to learn about finances and be responsible. As a masters educated woman making 6 figures and trying to be responsible (attempting to be an asset for the man I marry) I can’t understand why Dave would say she doesn’t need to be responsible. Dave! The guy who yells everyone to do things independently for their own self esteem! Geesh.
That’s how it is when you’re married. If I ever got remarried, I would not marry someone who has that much debt. It becomes your debt too once you say I Do.
He married her debt...dont marry women in high student loan debt with no plan to really work.
If the roles were reversed, Dave would’ve shamed him.
Only because they’re married. If they weren’t married, Dave would’ve told him to not pay anything on her debt. The debt is both their problems now.
Honestly..i like his plan of the wife working and using her income to pay off the debt. And the husband can supplement extra towards the principal balance so they can pay it off quicker. It's not fair for the man to take on that burden of her choice of taking student loans for education.
Thank you, especially at this amount.
He chose to marry someone with 190k in debt.
I wish every women would think like you ...
I agree with you, Dave has this one wrong. She should work and pay towards it. Not fair!
@@allanward4945 lol are you braindead? All, I repeat All western women act like this during dating period. Stop being a beta male and wake up.
Sign a postnup because that debt might be the only reason she's staying.
She literally has no other options. She can't even afford to be on her own
@Charles no she won't lol. She'll be a divorced woman with kids. And with thwt much debt, she's never getting that paid off
Wonder what Dave’s advice would be if the man had the student debt and he wanted to be a stay at home dad?
amen
He is always on the woman's side.
men are different that women, feminist
It depends on how big the shovel is.
No ma’am! That loan is in your name! She can get an online job if she has to.
Facts!
If she's attractive enough, she should start an OnlyFans account.
Exactly... plenty of case management can be done from home. Even part time.
@@8bhushan8 EXACTLY!! Irresponsible is an UNDERSTATEMENT in this scenario.
She has her masters, but probably not a BBS associate number, which is required for any job in the field. I have an AMFT and APCC, and I see a lot of people get their master's with no intention of getting their BBS # and then they find they really can't work, unless she gets a bachelor's level position. Then she needs 3k hours before she can take the exam to get licensed as an LCSW.
When I got my masters in psychology I made sure I used it. I'll be done with hours before the end of the year and can get licensed.
I don't know, but maybe it's just me, but for me it's the principle. She wanted to be a stay at home mom, without any children, meanwhile racking up student loans to that amount. She needs to work to pay it off, since she wanted that master's degree that badly
EgoAmoQuashavia The husband said the was willing to “let” his wife get a job. Was it his idea for her to stay at home? If so, he certainly has a moral obligation as the sole earner in the family to cover both of their debts.
You are correct. She needs to pay for her mess; she can get a part time or per Diem job. I work for a company that is always happy to have part time social workers ... or she can just go to walmart... anything to help tackle $200k debt.
So TRUE. I CAN'T clap enough!👏👏👏👏👏👏👏👏👏
Agreed. Her kids are in school. She should be working.
It comes down to "Did he know she was 190K in debt BEFORE he pledged himself to her"
I'm with you for the most part, but he NEEDS to be held responsible for CHOOSING this goofy woman lol. But, legally, I'm not totally sure, but he MIGHT be able to get off the hook if, through divorce, the debt remains in her name.
Personally I wouldn't marry a woman with 190K in debt.....between you and me.....I just couldn't AFFORD a chick like that!! lol 🤣
Nor would I ever want to pay that much for one.
Dave's reaction after he heard her 200k degree was in social work is absolutely priceless
I had the same reaction
This is why I don't like Dave sometimes. Always giving the "ladies" a pass.
She needs to work. Don't pay, she have been home for 7 years.
I agree.
Yeah, he's a bit of an old timer when it comes to that, but he's also right, once you are married, it's no longer "her" debt, it's both of your debts and since he is clearly making almost as much as the actual debt a year he absolutly can pay it of in 2-5 years without a problem.
Now had he made 75k a year, Dave would have said that he needs to tell his wife that she needs to get a job aswell.
There is no problem with being a stay at home mom or a stay at home dad for the sake of raising children if both parents agree to it and if the one who works earn enough for it to be viable.
Exactly cuz those kids probably are in school for 8 hrs she can work he’s gonna resent her if has to give half his income to sallie Mae for nothing
Agreed. She should have worked until it was paid off before they had kids. I had to help hubby pay his off after marriage before we had kids
Just because she hasn't been to work for 7 years, it doesn't mean the kids are actually 7 years old, could be she has a 1 year old that she can't leave to a day care as it cost so much as well
This guy's wife 100% succeeded in getting herself an MRS degree. She went to college, found a husband who makes really good money, and now she doesn't have to work and gets her student loans paid off by him.
175k isn’t a lot of money with kids and a wife who doesn’t know how to make good financial decisions.
I know it would not be Kosher for Dave or his co-host to say this, but you are absolutely right😎
And will divorce him after he pays it.
@@oldhag2881 Amen. His plan is way better than Dave's plan. Send her butt back to work and let her pay it off herself.
@@mikeheard3196 It's true when you factor in the peripherals, but I'd say someone making one seventy five really DOES make "really good" money considering the average is around 54k or so. I hear your point however. He needs to let her know she has to start helping to pull the wagon instead of being in it.
How will SHE learn from her poor financial decisions when the husband is working/paying it off for her?
Exactly.
She won’t.
Not her problem her husband is stupid and signed off on marrying all that debt, getting knocked up right away with no intentions of working to pay the debt off. Maybe guys should marry smarter...crazy idea I know.
They are married. It is THEIR income and THEIR loan. People act like raising kids is not a job.
InsideOutside UpsideDown you’re 100% correct, it’s THEIRS so EACH person makes an income that is combined as THEIRS and THEY pay off THEIR loans TOGETHER...she would probably bring in way more than what childcare would cost so not all of the financial heavy lifting is on one person. Good point
I won't feel good, stay at home not trying to do anything, while my husband is paying MY LOAN. I'll have to help him, somehow ...
you seem like a good woman unlike some people in the comments... ive seen several comments on here from women claiming that its absolutely fine for the mother to stay home and the man is expected to pay off all of her debt.
my mom was a single mother raising 4 kids and she worked full time and went to college at night, so i dont buy the argument that being a stay at home mom is a full time job and that its ethical to expect the man to pay for all life expenses including the woman's debts
When they got married her debt became their debt and his salary became their salary.
You help him by raising his children, putting hot nutritious meals on the table, packing his lunches everyday, doing his laundry, and putting it away, doing the grocery shopping while finding the best food at the best price, keeping the home clean and tidy, paying bills while making sure you are researching competitive prices and values, planning meals, tutoring his children, making sure his children are fed/clothed/bathed, scheduling appointments for husband and his children.....I mean the list goes on. So no, you wouldn't be doing nothing.
Even $20 a month would mean a lot
@@amosiren You don't "help him raising *his* children" you're doing *your* job as a parent, as you should. There's nothing extraordinary about doing that when you're the one who made the decision to have them. Taking care of your kids is the bare minimum considering the choice you made and anything less would be betraying them and not keeping your end of the bargain. So yes, you would be doing something as you wouldn't be able to live with yourself knowing that you became a liability to your family by lowering their entire living standarts just because you didn't want to assume the consequences of your decisions. You don't do that to the people you love. You don't put such a gigantic amount of stress on your husband and you don't make him lose time he could be spending with your kids just because you don't want to deal with the outcome of the decisions you made.
She’s been chillin at home with the kids on 200k student loans. That’s cold 🥶.
Max Not chillin. Raising kids and taking care of a home.
@@wendytravis6427 It's still cold, she hasn't earned a penny for 7 years and straight up told the guy to pay it off... You agree?
@@wendytravis6427 Compared to the husband who goes to work every day on a two-job streak.....yes she is chilling. I know women who raise a family of three and still manage to have stable jobs.
@@BennieVredestein she’s raising his kids
It’s tough work raising kids
As a woman, I hope that the male callers stop listening to Dave when it comes to debt of their wives and girlfriends. It's not their job to pay someone's debt. They need to work and do it herself. Men need to do better jobs in selecting their wives
He had already chosen her and taken her as his responsibility so it is his problem but he needed to consider this with her
What does “as a woman” have to do with anything?
@@laladesy7352shhhhh just relax. Shhhhhhhh. Yes, pathological defensiveness about innocent comments is a problem but you can fix it. Shhhhhhhh. And btw she says it because it lets everyone know that her criticism is unbiased since there is a chronic need for woman to make excuses for other women out of loyalty to the SisTeRhOod. All of them? Nope. Like the woman who made this comment. 85+% of them? Yup.
These dudes are to excited to finally have someone who will touch their wiener, they’ll never stop
The problem in Western countries is that women can change like a light-switch as soon as the wedding happens. They're almost never held as accountable for poor behavior as men are.
Haha dave's reaction to "a master's in social work" 😂😂
And Chris Hogan was looking for it.
I'm a Social Worker and found it funny.
I saw that and then another one when the caller said that she is stay at home mom.
@@ronaldcliffin9020 Right?!
Dave: (head drops): **thinking "Jesus take the wheel!"**
Chris: (looks sideways at Dave): "You okay over there, dude?"
Reverse the gender roles and let's hear what Dave has to say. Do you think Dave would dump the guilt on the wife for husband's debt? I sure don't.
I would loveeeeeee to hear Dave’s stance on that
EXACTLY
No, because Dave is a sexist simp.
@@crooked52h we already have heard it, in some of Dave's other videos.
You are 100% right. Dave stands up for women all the time while he beats down on men in similar situations. Too sad because I do agree with him most of the time. He is a business man after all and needs to sell more books.
It's funny how Dave tells them to just pay off the loan, but doesn't say that the wife needs to work. It's obvious that if she worked, that loan would disappear rather quickly.
Dave is in the Stone Age with gender roles. A woman can call in saying she cheated on her husband and he would blame the husband
If the roles were reversed, Dave would have told the man to get a job in Social Work, Uber and Pizza Hut.
Exactly!!!! Seen this in a lot of his videos
@@BrezzyBoi33 That actually happened one call.
Yeah he believes in gold diggers.. you know what he preaches in his family
Dave is such a hypocrite when it comes to male and female roles in marriage. Ive literally seen videos of him telling females to get a prenup, or talking down on their husband who "needs to find a better jpb". When the female owns all the debt he brings up the morals on marriage out of the bible and how the man needs to help her.
He's a fool.
He's right though. Men are supposed to provide and protect.
Only if the woman is doing her part to keep the marriage intact.
@@HarukiYamamoto so women should get paid less. Men have to provide for them. Women shouldnt be able to get high paying jobs. They should only be available for men. Women arent supposed to have bills, the man is supposed to have all the bills so why should a woman be able to make more money?
Cody C Ever wondered why 99% of women divorce their husbands when they start to earn more than them?
Wait. Let me guess. The men's egos can't handle it?
Maybe it's because she's a stay at home mom.
I remember when I got married in 2004 how embarrassed I was to tell my wife I had $7k left on my student loans.
Once that loan is paid off she's out.
FACTS!
+ Alimony
+ Full custody
+Child support
+ She takin the house too.
And he's taking his life.
Y’all are so negative with the worse advice
@@muchgoodisgiven1517 Unfortunately these things happen too often.
Income based repayment plan while she’s married to someone making 175k? What a joke.
Their initial plan was to let this debt expire
I'm with you, that WAS the plan. Ridiculous. Then with that hanging, PREGNANT, I should stay home. This marriage will fail, she is deceitful imo
Her plan was to use his income for repayment.
Now I’m curious
How did Obama handle this with his own loans
Does Obama have loans on his children
@@themontephone875 ---as usual,______, what did/didn't Obama do about_______? Yes, it is still Obama's fault.
0:39 The look Chris Hogan gave to Dave Ramsey when the caller said his wife has a masters in social work. 🤣🤣🤣🤣🤣🤣🤣🤣
She definitely overpaid for her degree incredibly. However, a lot of us make upwards of 75k plus. Most of those making 40k “social workers” are not social workers but case workers in child protective services etc. I suspect this loan is a combo of undergrad and masters degree making the minimum payments over several years building interest. I don’t think any SW masters cost $190k.
mickey M could you tell me what other jobs you can work that aren’t CPS as a social worker? Genuinely curious🙏💜
@@fitleighhill Hospital social work as intake/discharge, substance use social worker, mental health therapist, case manager, Veterans Affairs, school social worker to name a few roles.
@@fitleighhill licensed social workers can work in clinical social work jobs like hospitals nursing homes and senior living complexes. Much better pay than working for welfare as a case worker.
Tiffany Hill many people answered. I concur. I am a medical social worker. I work in two different roles in the same hospital system. We are paid well. The people I know making 100k plus work for the VA. There are also some jobs in criminal justice that pay well. Travel medical social worker does super well. We can travel just like the nurses do.
I can vouch for the VA salary.
I understand that the husband makes enough to cover the debt. However, if I was the wife, Id like to pay towards the student loan. She has a degree that has jobs available. She can work on the weekends or part-time. This is good for her selfsteem and for her future as a professional because the children will grow and she's going to occupy her time and mind. 😔
No, no, no
That’s crazy to go in that amount of debt to be a Social Worker. First class she needed to take was finances. Her husband is a wonderful man.
She’s not even a social worker gets 200k to stay home lol
Disagree with Dave's advice, the wife should take personal responsibility for the debt and start helping to pay it off, if not all of it. Too many people view marriage as "oh it's our shared debt now". You don't want your husband to resent you.
Right it's a recipe for disaster. It's great if the guy can still make it work but if it was me I would be out in a flash the second I found out there was that much debt.
I had student loans when I married my husband but never expected him to pay a dime of it. I paid them off by myself with jobs.
They would have been better off is she bought a 5 dollar calculator instead of that degree .
After he pays that off she will still divorce him, stay at home, and collect child support and alimony. Its the American way.
Yes it is
😂
That was the plan from the start. He was love sick fool. t's a triple win for her no matter what.
@Big Bubba I'm sure he had a few good years in the beginning
With that much debt, the kids will have kids. I don't see the debt being paid off
Bet she leaves him after he pays off her student loans 🤣
It's been 7 years, she would have to be doing the long con.
@@savagedragon79 Which is so much worse. Pop out a kid or two while he's slaving away building a career. Then at 50 after the kids have gone to college divorce him and take half his everything, which will be a substantial amount! Most common plan in the book.
Here is one of many facts that college does not make you smarter.
How not? She manages to stay home, having him supporting her and paying her debt, how is that not smart? Ultra smart.
@@thecatnextdoor12 I never looked at it from the point of view of her taking advantage of him but in that case yes you are right, although I wouldn't want to live with that kind of person
That woman needs to GET. A. JOB.
I wonder what Dave would say if the caller were a stay at home dad with 190k debt.
100%
He pays the loans off, she leaves him, AND gets alimony
Bingo!!!!!!!!
I see that in this guys future
And she takes half of his 401K, 34% of his gross salary in child support and he has to buy out her "half" of the house they live in even though she has never made a single mortgage payment on it. That guy was stupid to get married.
@@davem4193 i still don’t get why men these days get married. There is no benefit for him at all in that contract. The only person who benefits is the women. She literally benefits when she breaks the contract or even during the contract like in this situation right now.
@@ap3055 agreed, things will never change unless men get out of the marriage game completely.
I wouldn’t be paying for this married or not, she needs to get a job and pay it off or try to....bye Felicia.
Facts 😂😂😂😂
For real. That money he's paying on a loan would go to a savings or retirement
If she was a car. Dave would recommend to sell her. Can't afford her.
He really said the loan is “technically” her no dude it IS hers cause it’s in her name 💀
They could afford a nanny for the kids off of just his income. She should go work and help pay off the loans and then revisit staying at home after that is done. Him paying off her student loans is a recipe for resentment.
Or he could just pay it off in two years while increasing his income. Y’all really think he got married making $175k ? I doubt it. That woman has been by his side. I think she might be an awesome wife.
The dude makes 175k a year. How can he be that dumb to wife up a woman with 190K of student loan debt. He married a depreciating asset and a huge liability
Soon he will he divorced aped and take half his assets once he pays off new loan.
Modern Western women are depreciating LIABILITIES.
They can't be trusted. Nobody holds them accountable for poor behavior.
Your mistake was getting married. The loans probably close to being paid off now, and she's probably close to filing for divorce.
Wow there was another call with the roles reversed: high income woman and man with six figure student debt, they were engaged and Dave told the woman not to marry him...
Cancelling engagement is financially cheap (i.e. only lose cost of ring), but divorce with children is financially expensive (i.e. lawyer, court costs, alimony, child support, etc.)
Yep don’t marry someone with tons of debt, but too late for this guy now.
It just shows that Dave is a sexist hypocrite
Spent about $20k on my degree and make $80k. My wife spent $30k to get her nurse practitioner degree and makes about $120k. This stuff is out there and can be done. We have no student loan debt.
How did she manage to dupe him so badly. Either A, She is drop dead gorgeous. Or B, she is the first/only woman to ever pay him attention.
simps gonna simp
She needs to work but also listen to the language...he said “allow her to work”. 🤨 it’s not all her on her to decide to stay at home, I caught that.
You heard that, right? "allow"? She's not your child.
EXACTLLLYYYYYY!
I guess what he meant is that "he would be cool with..." Guys, chill out, this dude feels like her daddy cause she's pretty much a kid. She's playing with kids all day, building pillow forts and making grill cheese at 2pm; then a grown up comes home and gives you money.
Reeeeaaaaccccchhhhhhhh
my thoughts exactly. I mean obviously she should work to pay off those student loans but she shouldn't need his permission...
Why the heck should he clean up her mess? We live in 2020...These women ain't loyal.
No one is loyal.
She should see if she can tutor online. Or a simple job
Why a simple job? If you are a grown woman with your dumb brain at home for 7 years without a kid at least.
As a woman, I must say the caller's wife is disgusting. She planned all this. The moment she knew the caller makes that much money, she already had everything planned out. Normal human with dignity would not allow themselves to not work for SEVEN YEARS when they have that much debt. Not to mention they don't even have kids yet! What has she been doing at home for the past seven years?
You’re fairness, honesty, and transparency is refreshing to see.
You're right this was calculated and planned, she knew what she was doing
Exactly, but society won’t look down on her as much as they do minimum wage workers
but simp dave does not see it that way and he is a genius and guru
Selfish woman - to even make someone pay for her foolish choices. As for the man, I have no words for him 😐
I wanna know what he does for a living.
Sucker
I have a word for him. SIMP.
I had a renter in my rental house who got a masters degree in sociology and ended up working at a clothing store, because it paid better than the job offers she was receiving in her field.
Hope she didn't go into much debt to get that sort of future.
Sociology and an MSW are completely different degrees. Only Licensed MSW are able to meet with clients directly and pull in more money
My advice to men: please do your research on your partner’s finances before putting a ring on that finger. My advice to women like this: DONT GET AN UNAFFORDABLE ADVANCED DEGREE IF YOUR ULTIMATE PLAN IS TO BE A SAHM.
0:40 these reactions are why I'm subbed.
Every degree including advanced degrees at a minimum people should know the avg salary for their degree AND location of where they want to work. Too often a 40k degree in phych seems worth it but that's only if you work in big cities. No one is paying 70k for a phycologist in no where Nebraska
They need to know the employment rate in the field after graduation too, if it's 40%, or 80% or 99%...
@@jessicaolson490 really great point. And where it's trending too. Doesn't help to enter a declining industry
Psychologists are PhDs. They typically make over $100k pr year, even in Nebraska. Their job market is hot right now; there's plenty of psych job out there.
@@CeitidhD you can also earn a degee in psychology with out bring a psychologist. For example a bachelor's masters in psychology. Then if your y work for the government you make squat. Usually to make money in psychology you need a doctorate. But you still shouldn't spend 200k on it. :$
I’m an LMSW working at a city hospital and live pretty comfortably, along with a retirement package and other great benefits.
Thing is, I didn’t go to an expensive school because i can’t justify a student loan more than my yearly salary. I think this is less about the degree itself and more about the choices she made.
Sounds like she just made a poor choice where to get that degree from. Private school dumb type of decision.
THANK YOU. Im also an LMSW. Im debt free and live comfortably with just one income(mine 🙂.)
Bingo!! -Sincerely, a BSW
My jaw dropped when Dave told him he should pay it off. 😧😧😧😠😠😠 heck no homegirl needs to buckle up and get to stacking for that loan!
I agree but he is a old school man, a marriage vow is really we will go through together, and your and my money are our money together.
@@yes_man_lolyet she stays home with no help where’s the “together “ in ur statement
@@xsgtxbigboy1655Who cares for the kid? Who cooks and cleans? How much do they save by her staying home?
You conveniently left out the part where he said she is working outside the home.
Just my monthly routine of binge watching Dave Ramsey vids to make me feel better about my 7k debt. 🤯🙌🏼 I wish I went to community college or trade school... but at least my debts almost gone. Yikes, 190...😫😢
When you choose to go into $190,000 in student loan debt, you CHOOSE not to be able to be a stay at home mom.
Smartest thing this woman ever did was marry a guy who makes 175k and is willing to pay off her loans for her.
she played him
Why did Dave started reciting the marriage vow when there's like an 80% divorce rate in your 'first world country'?
It is not 80%. Dave wanted to remind the man of his wedding vows. Now, I am married and have been for a long time. And yet, my marriage vows were not like the one Dave was quoting.
Lol both the hosts low key smacking their heads
It is not his job to pay HER loan! It is HER responsibility. END OF STORY
Dave, no. She literally took out $200k for a degree that she doesn't even use and now its his problem to fix and not hers? This kind of marriage advise drives men away from wanting to be married.
Dave is either a simp or the wife's new boyfriend.
I got married in the 1980s when I was in my twenties. My wife and I had a completely egalitarian marriage. We both worked and had careers, we both were both actively involved in raising our three kids, we essentially did everything together. The idea of one of us being the “breadwinner” and one of us being “stay at home” was never on the table. Every couple is different and whatever you decide to do is fine, as long as it’s a partnership where you’re both completely on the same page, financially, morally, and practically.
A masters in social work... Oof.
You would think someone with college grad finance in their name would do some research and see that this degree can pay very well. No degree is worth 190k though
@@Alex-cj7nc whats the average employment rate though? you can get paid well without a high school diploma, but how many people are?
Who wants to bet as soon as he pays off all of her loans she will divorce him because, " he is always at work and it's not the same man she married who would spend all the time with her."
Feel so sorry for this dude marrying this girl. Let me guess, she took out the maximum student loan possible, spent all of it partying, living in a fancy apartment, while breezing by with an easy degree just to get this poor man to pay for everything while being a stay at home mom. I'm sorry my man but this woman ruined you financially. Let this be a lesson to all men of value. Do not marry someone who has a a ton of debt because a) they make POOR decisions, and b) you'll be the sucker stuck paying for it. A message from the red pill army - stay strong, stay woke, and stay safe out there brothers
Why doesn't Dave encourage women to actually go to work, especially when they make messes?
He is very old fashioned. His wife has never worked.
@@karenhardie1132 I can tell. what ever floats your boat I guess.
because he is a simp
Only thing that frustrates me is Dave never factors in taxes. Unless they tell them to say take home pay and we don't hear that.
His response is the best!
I love listening to your show. Thank you for everything.
I knew someone in college whose parents sold their house to pay for her school. She is now a stay at home mom/cycling teacher. What a waste
Not if she married well enough to take care of her parents. I guarantee they don’t see it as a waste in that case.
wow, that was some stupid parents there!!!
@Frwill126 she had to go to college to meet a man? 😂 do you need a degree to find a wealthy spouse? What does going to college have to do with marrying into money?
And then how’s he going to feel after the marriage doesn’t work out and he’s completely cleaned her almost 200k student loan debt up. I don’t think that’s fair to him. She needs to work and put SOMETHING towards it or he’s going to resent her.
Hahahah dying 🤣🤣
It's SIMPle, really.
As a gen Z male, I worry that my future partner will be in this sort of situation.
I'm 23 and on baby step 4 so marrying someone with hundreds of thousands in debt would probably just be a deal breaker tbh. I don't want to go backwards😳
Ask financial questions before marriage. That's what I did and I was married at 25. (now I'm 27).
I am a 38 yr old single woman with my own home in California. Many people have implied I am a "reject", "feminazi", "baby hater", or that I don't have what it takes to keep a man. It's the exact opposite - the men I've encountered are either crazy or stupid with money. Tell yourself every day that you work too hard to become someone's meal ticket. Sometimes we meet someone irresistibly sexy and we want that person but if you are strong you can see the red flags: they drive a BMW while living in a dining room of an apartment (true story); they have elaborate tattoos but can't qualify for a car loan; they are divorced because they married someone 1 year after meeting them. With women, the red flags are pretty much summed up with two questions: are they high maintenance, and are they baby crazy? Those two combined are lethal to a man, but many men are too nice and give in to make her happy. If she looks gorgeous all the time, that's another thing men fall for and then they realize it costs thousands to get nails, hair, clothes, botox, clothes and shoes. Many women were spoiled by their parents and never had to pay a bill. Just stay strong and put yourself first, not your arm candy.
Same step (3b/4) and age but female. I totally get it!
By the time I ever get married, I would’ve been diligently saving for a large downpayment for some years. It’d be hard to fall back a few baby steps for someone else especially for a significant amount of time.
As a millenial with a degree and no debt, fortunately I date a woman with no debt, no kids, and no college...problem solved lol.
@@gladlock good points, I know plenty of people of both sexes that are just bad with money and obsessed with trying to show off
Saw many such similar examples of SAHMs with 6figures debt and saw enough examples to say this about the caller's future confidently.
This also happened to 7 friends of mine. And many others who I encounter as a debt resolution consultant.
-They will be divorced
-She will leave him with the kids
-He will end up paying her debt
-He will end up paying child support and alimony
-He will end up losing half his stuff.
If course your millage varies depending on your state but generally, the out look is bleak.
the outlook for a simp is always bleak. And so it should be.
He's paying $190k for something that she gave away for free before they met.
COMPLETELY INSANE!
what? lol
😂😂
lets get real- she needs to work but this is where people make the mistake when they marry people who have debt.
190k for any degree is dumb. But a MSW CAN pay well with 60k+ salary jobs and especially if you get your clinical license. Not unheard of to be at 6 figures with this degree. It's a decent field with the need only growing. Obviously there are positions that are extremely low paying, but it's a good degree that opens many doors with mental health, schools, and hospitals paying decently well. Don't knock the degree, knock her for paying that much for it.
If my wife has a huge debt and no money, for sure I will divorce her immediately.
Why not try to know her before marrying her
So many people shouldn't be married at all.
That’s something you should know before marrying someone.
Be careful about divorce with debt. Court may force you to pay alimony to former spouse unless you have good lawyer who knows judge
When you could end up in a better financial position spending that money on a ferrari, it really begs the question of whether that degree is useful or not
I made sure to work and clear all of our debt, set up a 12 month emergency fund, get us in a house with 20% down, and advance our retirement plans, before I finally thought about staying home with our second baby. I worked with our first baby, because we weren’t yet established. I only ever had 5k in student debt. I did dual enrollment, took grants and cash flowed the difference while waitressing. This is pure foolishness.
The body language of you two, PRICELESS. THx Dave et al
She knew what she was doing. He is a sucker. Until men understand they are being played on a daily basis by what they are led to believe is a “partner”, nothing will change and they will hold all the cards. The child is 7 years old. She should have been working at least 3 years ago. Paying her share of the debt. He is a sucker.
No, she needs to contribute to paying this debt off. She should not be staying home.
Did you not listen?
@@drdianneLc She's "getting ready" to go back to work.. When you have 190k in student loans that should have taken precedence before you becoming a stay at home mom. Everyone has their own optimal lifestyle, but with almost 200k in loans you dont get to live your optimal lifestyle.
Johnny Day They decided that she would be a stay at home mom while the kids were little. He also said that she is slowly getting back into the workforce, which is probably because the youngest is not in school full time yet. I don’t know how familiar you are with the cost of childcare, but that in itself can knock out more income than is worth it. She is likely making as much part time while staying home with her children as she would be working & paying childcare. Working full time is much more doable when the children are in school full time. Social work, especially when starting out, does not pay well.
drdianneLc that’s a very fair point especially in the social work field, making 40-50k. It can almost break even with child care costs. Personal finance is personal so their decisions are theirs. I’m focused on the accountability aspect. We don’t have a good idea of their full financial situation & how much of that 175k can solely be used for her student loans. I’d want to be more accountable and contribute through a part time job/online business. BUT this should have been vetted pre marriage.
drdianneLc actually just calculated it, you’re right, it most likely cancels out her salary. I just learned a lot about those costs in that area. Thanks for the insight.
If the man wants her home, then he needs to pay the debt.
But if that isn’t the case, she should be working to pay it off!