New Jersey Will No Longer Collect Loans From Families of Dead Students
Last July, an investigation from ProPublica and The New York Times found that New Jersey’s student loan agency aggressively sought repayment of loans with already onerous terms, even after some of the recipients had died. The efforts had traumatized grieving families, and forced some into financial ruin.
The state loan agency, known formally as the Higher Education Student Assistance Authority, is responsible for roughly $1.9 billion in outstanding loans.
The agency has not yet indicated whether it will dig up the dead deadbeats for the gold in their teeth.