Q. I want to say that I love your site, mostly because you take time to explain yourself thoroughly. My question is fairly simple: Do I tithe on my student loans? My wife and I are both students, and the majority of how we live is off of student loans. As we are newly weds, we were setting up our budget, and couldn’t decided this on our own. We are leaning towards not tithing on it, but wanted to know what the biblical principle was behind this, if any. Thanks, and keep up the great work!
A. There’s no need to tithe on a student loan because it isn’t your money. You have to pay it back.
Your desire for an education is admirable, but it’s too bad you decided to begin your married life by accumulating a mountain of debt. Financial pressure is one of the leading causes of divorce, and the Bible does admonish us against borrowing. (Proverbs 22:7)
If there’s any way to minimize your borrowing, or even pay some of it back, I would urge you to do so. The world is becoming a much different place and the unlimited opportunity previous generations took for granted may soon be a thing of the past. By the time you graduate, good jobs could be scarce.
If you’re convinced that the Lord has called you to continue your education I would encourage you to seek His guidance on finding alternate ways to finance it.