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Only if they signed the note(s).
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∙ 16y ago
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Who is liable to pay parental inherited loans?
The estate must pay the loans.
What are Sallie Mae student loans?
Sallie Mae student loans are private loans offered by Sallie Mae, a financial institution that focuses on providing education loans. These loans are used to cover the costs of higher education, such as tuition, fees, and other educational expenses. Sallie Mae offers various loan options and repayment terms to students and their families.
What exactly are education loans?
Education loans are loans that assist in paying for an individual's education. Typically these are associated with college degree plans but some loans are available for individuals attending training programs or even private high schools.
How old do you have to be to lend money?
Lend? Any age to lend, however parents should be advised of their children's loans they may be giving out!
Where can someone go to learn more about college education loans?
You can learn about college education loans from government websites such as Student Loans and Student Aid. Other websites include CU Student Loans and Scholarships.
Who qualifies for a parent plus loan?
Parent plus loans are for college students who have parents that can't afford to pay their child's tuition. Many students now days can't afford to go to school, and most parents don't set up education funds. These the people who these loans are designed for.
How many types of loan a bank can give?
Home Loans, Car loans, education loans, personal loan
What does a PLUS loan enable one to do?
The Federal Direct Plus loan is one of the low interest loans that enables students and parents to receive funds directly from The U.S. Department of Education to pay for education after high school.
What is a benefit of using student loans to finance education?
Financial Burden on parents is reducedStudents get more conscious and responsible about their studiesStudents get benefits on their tax liability once they get a job
How do you get personal loans from government?
As far as I know, you cannot get personal loans from the government since they only provide business loans, Loans for Home Buyers and Loans for Higher Education. Personal loans
Are loans avalible for parents who choose to send their children to another district?
No. To send a child out of district you need permisson from both, and the cost of doing this is yours.
Is there a direct student loan available for attendance at a college this year?
Student loans can be generally broken into the categories of federal and private student loans. Private student loans are loans students borrow from lending agencies, with credit requirements, interest rates and repayment schedules set by the lenders, rather than by the Department of Education. Federal loans, on the other hand, are available for both students and parents, and have uniform rates and requirements. The most common federal loans are Stafford Loans, Perkins Loans, and PLUS Loans.
