I don’t have the source. I have read it here from other Freepers whose children have been caught up in loans. One her daughter is dying, they took her house, but the mom states that this is the case. Another is a Freeper whose mom got a loan when he was 17. His mom dies many years ago. This year the IRS took his refund to pay for his mom’s loan.
Apparently, death does not discharge the obligation.
If you find it, it would be good to have. But I find it hard to think more than one person here would just dream this stuff up.
Your post 16: “In fact, they now will fall unto any children the borrow[er] has, until it is ALL paid back.” implies that the borrower’s children are liable for their parent’s student loan. That is not correct.
Also, a parent is not responsible for a child’s student loans unless the parent cosigned for the loan.
Unless you have sufficient assets to warrant a probate. the debt does die with you. It's SOP for bottom feeder debt collectors to illegally threaten family members for payment after the debtor dies.
So what?
What do you think government borrowing, getting short and long term bonds are? They are taxes, bills presented to the young, collected upon a new, younger generation.
Today’s adults spend, and the young pay for today’s spending when they grow up, only it is collected at the point of a gun, or a IRS exam.