If I die, does my family have to pay my student loans?

Question

If I die, does my family have to pay my student loans?

Answer 1

i think who ever you mentioned as a cosigner is responsible

Answer 2

only if you have assets in the estate

Answer 3

If you are referring to federal Stafford student loans then the answer is NO.

The federal Stafford student loan may be discharged upon the borrower's death. All your family would have to do is submit a copy of the death certificate to your lender and the debt would be discharged.

For private loans, this may vary from lender to lender. Contact your lender specifically.