I signed my online Master Promissory Note today so I can get loans for school (would have done it a long time ago, but I had to register for classes first--jump through a lot of hoops, really. That's bureaucracy for you). I'm the type of person who reads--or thoroughly scans, at least--things I sign, and parts of the MPN proved humorous, in a morbid fashion. It's nice to know that since my lenders "will discharge (forgive) [my] loan if: [I] die," my corpse won't be held responsible for repayment. Good thing, because I don't think my future co-workers would have appreciated the smell of my putrefying flesh, and I quite expect I would have received anonymous letters and e-mails along the lines of "Go lie in the dirt, where you belong!" and "Jump into the incinerator, maggot-bag!" and my soon-to-be desiccated lungs might find it difficult to give me enough breath to moan, "Must . . . repay . . . loans. . . ."
So yes, I am very happy that I will not be required to pay off loans if I die.
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