News for hackers. Stuff that matters.

A comment on What a Student Loan 'Bubble' Bursting Might Look Like. Parent comment

Re:What a Student Loan 'Bubble' Bursting Might Look Like by seanmcdirmid on Wednesday January 02, 2019 @05:11PM (#18810790)
My mom discharged her student loan debt by passing away. They didn’t even go after her estate for some reason.

The bar is higher, but not impossibly high.

[ Parent | on HN ]
Re:What a Student Loan 'Bubble' Bursting Might Look Like by delecti on Wednesday January 02, 2019 @05:28PM (#18810933)
They didn't go after her estate because death of the student discharges student loans, it's hardly good advice for most borrowers though.
[ Parent | on HN ]
Re:What a Student Loan 'Bubble' Bursting Might Look Like by remote_phone on Wednesday January 02, 2019 @07:12PM (#18811645)
I would consider Death the highest possible bar there is.
[ Parent | on HN ]
Re:What a Student Loan 'Bubble' Bursting Might Look Like by imtringued on Thursday January 03, 2019 @09:05AM (#18815132)
But it is guaranteed to happen eventually for all humans and therefore the debt is guaranteed to be discharged for every student.

But I don't think most people who are struggling to repay their student loan are in their 70s so there is no risk of elderly people dying all at once and leaving the government stranded with the huge debt.

[ Parent | on HN ]