Student Loans are Forever? Disability & Death
The following stories are in no need of commentary; the Code of Federal Regulations is pretty clear regarding eligibility for discharge of loans for permanent disability or death. From The Chronicle of Higher Education (The New York Times of higher education news, policy and politics) :
- Sasha Chavkin, Cezary Podkul, Jeannette Neumann, & Ben Protess, (2011, February 13), For disabled borrowers of student loans, big barrier is Education Department: Education Dept.’s red tape keeps disabled borrowers of student loans in debt.
- Derek Quizon, (2011, February 13), Family of deceased student fights for illumination of terms of private loans. (For subscribers only, so head to your local library).