This isn’t in the case of something “unwanted”. You can decline to assume a debt from inheritance. You would also be giving up anything tied to it like a house or car. In the case of a dead loved one’s higher education, there’s no reason to assume the debt. You don’t get the education if you do.
This isn’t true. In fact, I told my wife that I’d come back and haunt her if she paid a penny towards my student loans if I died.
But it doesn’t matter any more, I was able to get my student loan debt finally discharged earlier this year. All it took was sending $450 to my loan carrier every month for 20 years, and then they told me I didn’t need to send any more. Thanks Biden!
Not even that; IIRC your family can inherit your student loan debt if you die.
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It depends on the state I’ve recently learned. Some states allow inheriting debt, others don’t. Even some are in between allowing it for spouses only.
This isn’t in the case of something “unwanted”. You can decline to assume a debt from inheritance. You would also be giving up anything tied to it like a house or car. In the case of a dead loved one’s higher education, there’s no reason to assume the debt. You don’t get the education if you do.
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This isn’t true. In fact, I told my wife that I’d come back and haunt her if she paid a penny towards my student loans if I died.
But it doesn’t matter any more, I was able to get my student loan debt finally discharged earlier this year. All it took was sending $450 to my loan carrier every month for 20 years, and then they told me I didn’t need to send any more. Thanks Biden!
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