The Ramsey Show Highlights My Dad Promised To Pay My Student Loans - Now We're Cut Off
Feb 22, 2026
Charlotte is a caller navigating $100,000 in student loans with a lawyer spouse, a new baby, and a $75k CD. She explains cutting ties with her dad who promised to pay. Conversation focuses on aggressive repayment plans, using the CD to wipe most debt, lifestyle sacrifices, and rebuilding savings afterward.
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Household Income, New Baby, And The $100k Loan
- Charlotte explained the household income split: her husband makes just over $100k and she makes about $20k part-time after having their first child.
- She revealed the loan is a single $100,000 balance and they recently cut ties with her dad who had promised to help.
Attack The Loan With Maximum Extra Payments
- Throw as much extra money as possible at the single $100,000 loan to accelerate payoff beyond the minimum payments.
- If the couple lives on $60k of their $120k income and applies the $60k difference, the debt could be gone in about 1.5 years.
Live Like A Broke Law Student Temporarily
- Live very lean for a limited period — 'like a broke law student' — to free up large chunks of income for debt repayment.
- The hosts estimate living on half their $120k income could allow paying $60k a year toward the loan.