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ColinC

(8,285 posts)

8. I stand corrected

Reply to MissB (Reply #5)

Wed Aug 24, 2022, 04:41 PM

Aug 2022

https://www.thebalance.com/student-loans-after-death-4777625#:~:text=Federal%20student%20loans%20are%20not,get%20it%20discharged%20after%20death.

Federal student loans are not passed on to anyone in your family or even your estate. If you die, your federal student debt is instead fully forgiven and is no longer owned or owed by anyone. Someone will need to provide proof of death to the student loan servicer managing the debt to get it discharged after death.

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16 replies

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If people want 50k or even all of their student debt forgiven [View all] DemocracyWins202 Aug 2022 OP

No need anymore Johnny2X2X Aug 2022 #1

I disagree that it is a permanent solution ColinC Aug 2022 #3

pretty sure that individually signed student loan debt doesn't pass down MissB Aug 2022 #5

I stand corrected ColinC Aug 2022 #8

Executive orders are all temporary. Thenext President could wipe everything out with the stroke of JoanofArgh Aug 2022 #6

This would likely be tough to reverse, and enormously unpopular ColinC Aug 2022 #9

Attacks ? I guess I missed them. I have seen some discussion of the bill. CentralMass Aug 2022 #2

The bill seems fair to me. What seems unfair is the outrageous cost of higher education. Handler Aug 2022 #4

I do support more debt relief, but.. mvd Aug 2022 #7

The repayment changes are a bigger deal than the forgiveness Johnny2X2X Aug 2022 #10

I agree that it's a nice change mvd Aug 2022 #11

If your current income in less than 2.25 times the poverty Johnny2X2X Aug 2022 #12

That's good mvd Aug 2022 #13

If you sign up for the Income Based Repayment Plan, Sogo Aug 2022 #15

Sick of Traildogbob Aug 2022 #14

Big problem is not just the cost of education, even at public schools. PufPuf23 Aug 2022 #16