View Full Version : What happens to my loan when I die?


perpetualstuden
I owe $60,000 (including interest,fees) and am in my 70's living on $720 a month social security. No way to pay it back. Does it become a claim on my (modest) estate?

Puck
It depends -- what does your contract state? My student loans retire when I die, and are not a burden on my estate.