For many the discomfort of student loans lasts far longer than the pain of a failed marriage.

At one time it was in vogue for a married couple to accomplish a spousal consolidation with their federal student loans. After all, your two worlds were merging together, why not student loan debt too? It fair seemed to make sense. however the don condition thatficulty was the loan could only be listed under one label, which means if you did the spousal consolidation only one individual was going to be legally responsible for repaying the full weight of the debt, for bigger or worse.

So if John and Jane Doe got married, did the consolidation, and had the loans listed in John’s name that would mean that Jane was in the cleanse with the impetus to pay off the loans solely falling on John. That’s doubtless why the Department of drilling changed the rule.

Spousal consolidation is no longer an option. But trust me when I say it wasn’t right for you with 41% of marriages ending in divorce.

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