Student loans are the new herpes
New York Times: nobody wants to date a deadbeat:
Lauren Dollard, a 26-year-old assistant at a nonprofit in Houston, said her low credit score had helped to stall her romantic plans. Her boyfriend is wary of marrying her until she can significantly pay down the more than $150,000 she owes in student loans and bolster her credit score, she said.While the article focuses on credit scores, singles would be wise to pay attention instead to the type of debt. Credit card debt is like gonorrhea or chlamydia: it can be easily eliminated with the wonder antibiotic of bankruptcy (and who hasn't run up $20K at Macy's or screwed a stranger unprotected in a bathroom stall?). Student loans, however, are immune to bankruptcy just as herpes and AIDS are incurable. Avoid student debtors like you'd avoid a needle-using Haitian prostitute.
Ms. Dollard’s credit score is so low, around 600, that she hasn’t been able to qualify for a car loan. She sympathizes with her boyfriend’s position because he “doesn’t ever want to be accountable for the irresponsible financial decision I made,” she said.