What happens when the borrower of a private student Sponsor Loan dies?
My private school loans are through an Access Group Sponsor Loan. I misunderstood and thought this was the same as a Co-Signer. Instead, the loan is my grandmother's on my behalf. I am concerned what would happen if she dies. Would it transfer to me or be paid by her estate?
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Answer by Joythe K
You would pay it. If you died, she would pay it.
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Phone Call with President about Student Loans
Image by MDGovpics
Governor O'Malley takes phone call with president about student loans by Tom Nappi at Governor's Office, State House, Anapolis, Maryland
Orignal From: What happens when the borrower of a private student Sponsor Loan dies? and Phone Call with President about Student Loans
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