Tuesday, August 08, 2023

Dude, look how much you saved!-----What Happens To Student Loans When You Die? US Has to Write Off Borrowers Debt - Bloomberg

What Happens To Student Loans When You Die? US Has to Write Off Borrowers Debt - Bloomberg
"...Roughly 300,000 student loan borrowers have died since the federal government’s 2020 loan moratorium.
And according to a report Monday (Aug. 7) by Bloomberg News, that means the government will have to write off billions in those borrowers’ loans...
As Bloomberg notes, death is one of the rare ways to get out of student loans...

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