Morbid Thought, but Necessary Resolution

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When a young person dies unexpectedly, his or her family could end up with the burden of paying off student loans. How can that be avoided?

Questions:
1. According to the article, which loans are forgiven after a student’s death and which ones are not? What is a rough estimate of the total amount of loans that would still require payment after a student’s death?
2. What percentage of private loans are co-signed?
3. According to the article, what is the safety net and why don’t more students take advantage of it?

Source:
White, Gillian (2015). Debt after Death. The Atlantic, July 30 (Retrievable online at http://www.theatlantic.com/business/archive/2015/07/debt-after-death/399983/)

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