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Old 11-06-2008, 04:38 PM   #1
perpetualstuden
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What happens to my loan when I die?
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?
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Old 11-06-2008, 07:21 PM   #2
Puck
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It depends -- what does your contract state? My student loans retire when I die, and are not a burden on my estate.
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