New Jersey Will Forgive Student-Loan Debt of Dead Borrowers

December 7, 2016
  • Industry News

Gov. Chris Christie of New Jersey signed a bill on Monday that forgives the student loans of borrowers who die or become permanently disabled, ProPublica reported.

Some borrowers who become temporarily disabled can also defer loan repayment under the new law, according to the Observer.

The bill’s enactment follows an investigation by ProPublica and The New York Times that found the state’s student-loan program to have “extraordinarily stringent” rules. Their July article described how a New Jersey agency continued to bill a mother for the student loans of her son after he was murdered.

Read more at The Chronicle of Higher Education: http://www.chronicle.com/blogs/ticker/new-jersey-will-forgive-student-loan-debt-of-dead-borrowers/115964