Money Moves: Co-buying a house and new student loan rules
Translated from English, summarized and contextualized by DistantNews.
At a glance
- A caller's cousin bought a house with a girlfriend; they broke up, and he is still linked to the property while she lives there and refuses to refinance.
- The host explains what steps to take before purchasing a major asset with someone not married to you.
- The program also covers new student loan rules effective July 1, 2026, and advises on navigating them and the potential diminished value of college debt.
Money Moves with Jill Schlesinger tackles a complex financial entanglement involving a caller named Aaron. His cousin purchased a house with his girlfriend, but after their breakup, the cousin remains financially tied to the property. Adding to the complication, the ex-girlfriend continues to reside in the house and refuses to refinance, leaving the cousin in a difficult credit situation.
Jill Schlesinger provides crucial advice on the necessary precautions to take before co-signing for or jointly purchasing a major asset like a house with a partner to whom one is not married. Her guidance aims to prevent such stressful and financially damaging scenarios.
Beyond the real estate dilemma, the show also addresses significant changes in student loan regulations. New rules took effect on July 1, 2026, prompting Schlesinger to break down how parents and prospective students should approach these updated guidelines. She also delves into the increasingly relevant question of whether accumulating debt for college remains a worthwhile investment.
Originally published by CBS News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.