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CONTRIBUTED CONTENT: What happens to student loan debt when you die?

The answer depends almost entirely on one thing: whether your loans are federal or private.

Sources (1)· Sep 23, 8:00 AM

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The Fed raised interest rates for the first time in three years. Here's what it changes for UF students with loansThe Federal Reserve voted unanimously to raise its benchmark interest rate by a quarter of a percentage point Sept. 16, bringing its target range to 3.75% to 4%, the first increase since July 2023. About 91% of U.S. student loan debt is federal, which doesn't change in parallel to interest rate changes. Congress sets the rate once a year and the rate is…
CONTRIBUTED CONTENT: What happens to student loan debt when you die? – KnowGov