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When a Student With a Loan Dies

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Did you ever wonder what happens to your student loans if you die? We recently received this question from a reader: If the borrower of a student loan dies, is the spouse liable for that loan? Maybe, maybe not. With traditional loans, as long as the spouse is not listed as a co-signer or joint account holder, he or she is not legally liable for the debt -- unless you live in a community property state.
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