Will faking my death cancel my student loan?
Favorite Answer
Although…. if you really do die, the good news is you don’t have to pay your student loan back, but you will still have to pay taxes that year. If you fake your death, you will still have to pay taxes and your student loan – and you will still die.
Where’s the fun in that?
Alternative loans are another matter, especially if you have a cosigner.
I know that debt can be a burden, but talk to your lender if you are having issues. It is the safest and most legal thing to do. If you can’t find resolution and are really having payment issues, try a debt counseling company. They can be very helpful.
That’s where you are headed.
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