His stance is probably the legal stance. There is a non 0 possibility the giveaways get clawed back. I told a buddy of mine not to “spend” a lump sum amount they lopped off his. Just keep banking the payments until it’s set in stone.
Another thing no one grasps is that if you pay $5/ month they stay “current”. You could actually set up a small trust with enough money to make the monthly minimum until you die. Might make credit a bit harder to obtain, but you’re DEFINITELY not getting that with a big or defaulted student loan balance anyways.
I have PARENT loans that my Estate will pay on.
I’m not interested in having them forgiven.
They were made with the best intentions for my children.
I regret nothing.