• Zron@lemmy.world
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    4 months ago

    Or do what my cousin did.

    Have uncle take out loan entirely under his name.

    Make minimum payment on it.

    When he dies, the debt dies with him.

      • SoleInvictus@lemmy.blahaj.zone
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        4 months ago

        In the United States, there’s a federal loan option called Parent Plus loans that can allow parents to take out loans for their children’s education. Private loans could be taken out by just about anyone to pay for a student’s education, depending on the institution.

      • Crozekiel@lemmy.zip
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        4 months ago

        Parent loans are a thing. The parent of the kid takes out the loan, not the kid themselves. And yes, thankfully, they just go away if the parent dies and don’t get passed on to the estate.