Ready Plus "? If a parent has a "more ready" to pay for the education of their child is the child must repay the loan if the parent dies?
the answer above is correct - except that it is actually anywhere 45-60 days of the date of payment of the 2nd semester of disbursement.
No. The loan is forgiven if the parent dies. Remember that PLUS loans go into repayment 60 days after immediate disbursement ... there is no grace period.
No, ready to die with the parent.
Posted on January 17, 2010.