Consolidating student loans with spouse
If so, you're probably eager to start sharing your life.
According to The College Investor, disagreements over money and finances are the biggest cause of divorce in the United States--and student loan debt can play a big part in that.
When you consolidate loans with a private institution that means you’re getting a whole new loan to cover the sum of all the loans you’re consolidating.
Let’s say that you have ,000 of student loan debt, and your spouse has ,000.
Sure it includes the bathroom space, the cupboards and the closet (okay, the walk in closet is just yours), but does it include finances and student loans?
Your spouse is not financially responsible for any debt you’ve incurred before the date of your marriage, including student loans, credit card bills and any other debt.