5 ms·

I've heard you lose a lot of rights refinancing that way.

• jorblumesea 10y ago
  Really? Any links/citations/posts? Curious about this. Also debatable as to whether you had those rights in the first place (see: this thread)
  • rhino369 10y ago
    You lose the ability to use the (very generous) income based repayment plans.
    • jorblumesea 10y ago
      Ah interesting. Didn't know that. Thanks!
  • burkemw3 10y ago
    Some government loans are discharged at death [0]. SoFi etc loans would still go after the estate. In my analysis, this risk/reward analysis matters most for debters considering marriage. [0]: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/death https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancell...