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kestrel91316

(51,666 posts)
10. All debt is forgiven when someone dies. Even taxes and student loan debt.
Wed Dec 26, 2012, 11:40 AM
Dec 2012

UNLESS someone else cosigned for those student loans. Then, yes, they are left holding the bag.

If you EVER cosign a loan for somebody, be sure you take out a term life insurance policy on them to pay cosigned debts if they die.

Income Based payment helps, but it means paying for the loan for much longer liberal N proud Dec 2012 #1
Indentured Servitude, v. 2.0 - n/t coalition_unwilling Dec 2012 #5
This is a start redstatebluegirl Dec 2012 #2
Look into "Public Service Loan Forgivness" teenagebambam Dec 2012 #4
Good suggestion, but in an era where government spending and thus coalition_unwilling Dec 2012 #7
unfortunately, the nonprofit lab that hired me after I got my MLT degree magical thyme Dec 2012 #11
My sister taught on a Reservation in the west for 7 years to pay off her loan. That was back in the jwirr Dec 2012 #12
Most "Public Service Loan Forgiveness" only applies if the loan payments are current. happyslug Dec 2012 #27
These loans are also hurting the parents of those students LiberalEsto Dec 2012 #6
Have your daughters default on those loans, unless you co-signed happyslug Dec 2012 #25
Thank you for the information LiberalEsto Dec 2012 #30
Education should be supported and students given a bailout lovuian Dec 2012 #16
That's me! a la izquierda Jan 2013 #46
So why does nobody think about this sort of thing skepticscott Dec 2012 #3
In our case, we thought our daughters would graduate and get decent jobs LiberalEsto Dec 2012 #8
All debt is forgiven when someone dies. Even taxes and student loan debt. kestrel91316 Dec 2012 #10
The 1% have sold the populace on the specious idea that higher education is coalition_unwilling Dec 2012 #13
We live in a sea of information skepticscott Dec 2012 #18
STRAWMAN AWARD of the WEEK! This is NOT about coalition_unwilling Dec 2012 #23
You forgot to call me an imperialist dog, comrade skepticscott Dec 2012 #37
You continue to slide and slither around the central question, which is coalition_unwilling Dec 2012 #39
You and your ilk here are the ones bashing the working class skepticscott Dec 2012 #43
First you won Strawman of the Week Award, and now you have won coalition_unwilling Dec 2012 #44
Funny that we heard the president skepticscott Jan 2013 #45
As often as not there isn't much of a choice Posteritatis Dec 2012 #15
The question is skepticscott Dec 2012 #20
Many career fields tanked with the economy. Its not a student's fault if they did due diligence riderinthestorm Dec 2012 #22
thank you--that was written very well renate Dec 2012 #42
its because poor kids would be excluded from lovuian Dec 2012 #17
If you're saying it would be nice and beneficial skepticscott Dec 2012 #19
you're absolving the REAL assholes from any kind of blame Skittles Dec 2012 #26
Exactly (n/t) bread_and_roses Dec 2012 #28
Who are the "real assholes" skepticscott Dec 2012 #36
the fact that you have to ASK Skittles Dec 2012 #38
The fact that your answer is a lame dodge with no facts skepticscott Dec 2012 #40
oh, what nonsense - both this and your posts below bread_and_roses Dec 2012 #29
Were you planning on addressing ANY of the points I made skepticscott Dec 2012 #41
I agree SS AlecBGreen Dec 2012 #32
What did congress do Sadie5 Dec 2012 #9
Is this payment tax deductible? midnight Dec 2012 #14
The interest is but you get back a pittance DotGone Dec 2012 #21
Who knows what the future brings?Perhaps all these VOTING CHILDREN and PARENTS and lovuian Dec 2012 #33
More and more of these loans JReed Dec 2012 #24
Can't afford to make $400/mo payments? high density Dec 2012 #31
You'd have to double my pay to afford $400 a month Fearless Dec 2012 #35
$38,000 is actually not that bad by today's standards davidn3600 Dec 2012 #34
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