Will my loan be forgiven if my student doesn’t finish their degree? | Private Student Loans

The loan will not be forgiven if your student does not finish their degree, and you will be responsible for the full balance that has been disbursed to the school. There are circumstances where a loan could qualify for forgiveness. This includes the unfortunate event of death for the student or the parent, or in the event of permanent disability of the parent. For more information on the protections Earnest offers, please feel free to review this article here.