Education is expensive whether you are pursuing a college degree, career certifications at a trade school, or something else.  Even with grants and scholarships, many students face the need for funding through loans in some way.  While grants and scholarships typically require no repayment, loans must be repaid. Many types of loans are possible, from federal loans to parent+ loans to private loans; and each arrangement has its own rules.  Co-signers and spouses might share the student loan debt in some circumstances. 

Paying off such loans can take years beyond graduation.  Thus the question:  If I die before my student loans are paid, what happens to that debt?  The answer:  It depends!

Learn more here as ERIE Insurance walks you through what happens to the debt and what solutions and options exists – including the role that Life Insurance can play.

Here at William M. Sparks Insurance Agency, we can help you to learn more about the protection and peace of mind Life Insurance for student loans can offer. We can answer your questions and help you tailor a solution that uniquely fits your needs.  Reach out to us anytime by phone (410-252-8304) or visit our website at  http://www.wsparks.com.