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Reply to "student loans...what will happen when payments start"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Important to understand that one's student loan debt may not be discharged upon death of the borrower in various circumstances. Depending upon when the loans were taken out, the loan may be viewed as community property in the 12 community property states and be inherited by the surviving spouse. Also, if one is behind on payments, the overdue amount may remain after the borrower's death. Private student loans may or may not be forgiven / discharged upon the death of the borrower. [/quote] Nope. What happens to my loans if I die? If you die, then your federal student loans will be discharged after the required proof of death is submitted.[/quote] Are you sure ? I have read the same blanket statement that you regurgitated, but upon further investigation found the above noted exceptions.[/quote] Yes, I am sure. [/quote]
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