Comment on Giving Up Paying Off $186,000 Student Loan DebtparentComments−warmwaffles13y> Also, it would help not to have 3 kids when you're up to your ears in debtif she fails to pay it off in her lifetime, do her children pick up the debt?−sp33213yPublic loans at least are cancelled when you die.−warmwaffles13yThanks for the info. I take it the private loans are made against the estate.−[deleted]13y[deleted]−aasarava13yUh, no, in the US, debt does not pass on to children (unless the children co-signed the loan as adults.)
Comments
> Also, it would help not to have 3 kids when you're up to your ears in debt
if she fails to pay it off in her lifetime, do her children pick up the debt?
Public loans at least are cancelled when you die.
Thanks for the info. I take it the private loans are made against the estate.
[deleted]
Uh, no, in the US, debt does not pass on to children (unless the children co-signed the loan as adults.)