Does student loan debt get split in a divorce?
All debt acquired before marriage remains separate property. So if you accumulate $100,000 in student loans before marriage, for example, that debt remains all yours even after you get divorced.
Is spouse responsible for student loans after divorce?
Student loans and parent loans borrowed during a marriage are considered to be the joint responsibility of the spouses if they lived in a community property state. Student loans and parent loans borrowed before a marriage or after legal separation or divorce remain the separate responsibility of the borrower.
Do student loans go away when you die?
If you die, then your federal student loans will be discharged after the required proof of death is submitted.
Do your student loans get forgiven after 25 years?
Loan Forgiveness The maximum repayment period is 25 years. After 25 years, any remaining debt will be discharged (forgiven). Under current law, the amount of debt discharged is treated as taxable income, so you will have to pay income taxes 25 years from now on the amount discharged that year.