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re: Today's issue of personal responsibility: student loans

Posted on 7/29/14 at 10:26 am to
Posted by dcrews
Houston, TX
Member since Feb 2011
30237 posts
Posted on 7/29/14 at 10:26 am to
quote:

How much would a simple 100K term life policy for a person in their 20s cost?


Not sure, but I do know banks will usually offer some sort of "credit life" option or whatever it's called for the loan in case of a death.

Even if they didn't, banks lay out the rules of the loan/contract and you either agree or don't agree to abide by signing/refusing to sign.

Loan forgiveness? How about you not be a dumb arse and educate yourself about the document you're signing.

People just act blindly these days and expect a magical money fairy to just make it go away when their terrible financial decision blows up in their face.
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