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PERSONAL FINANCE

Are Your Heirs Liable For Student Loan Debt?

By The BIDaWIZ Team on August 29th, 2012 at 4:30 pm

student loan at death
Many parents and grandparents have agreed to take on or cosign their children's student loans because of the rising cost of tuition coupled with a struggling economy. If the borrower passes away, are these debts then transferred to the borrower's heirs and cosigners? .
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