From The Consumerist
''While federal student loans are forgiven if the student dies before the money is repaid, lenders of private student loans can choose to forgive the debt or go after a co-signer for the money. And just like mortgages, private student loans are bundled and re-sold again and again, leaving some parents struggling to figure out how much they owe on their deceased child's student loan — all while being hounded by debt collectors.
ProPublica has the story of a gardener in California who is trying to support his family on his salary of $21,000, while at the same time attempting to pay down the private student loan left in his lap when his son passed away a few months after graduating college in 2008.''
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