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interesting question

Total Posts: 1

Joined 2016-10-21

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Hello, I’m new here but wanted to ask a question based on something my wife had asked me…

I have private and government student loans.  I’ve been paying on both since 2009, but it seems that my balance keeps getting higher and higher.  My wife cosigned on my loans.

My wife’s question is…

If I default on my loans, would my wife be able to apply for loan forgiveness since she’s a teacher?

It’s her theory, that if I default, the loans become hers…and being a teacher, she can qualify for forgiveness programs that I can not.

interesting theory, but I’m doubtful that it would work as she has it planned in her head.

Thanks in advance,
Todd Evans