DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - IF you have a STUDENT LOAN

**gardeniyas** · 09-22-2011, 07:54 PM

Student loan debts are written of at death, so it does not need to be settled by family members.

The debt is also written of after something like 30 years or something along those lines.

That's what I'm thinking.
It's an 'unusual' type of loan/debt in that the Loan Co. put an unusual condition on the loan, i.e. "you don't have to pay it off if you die, or if you reach X age."

That's why I ask the question. If the Loan Co. are saying that why doesn't a person just go along with that condition (if they are not working) and therefore they will never have to pay it off. Everyone is happy. No haram money is paid.

There's a big problem with zakah and hajj here, hopefully some ulema can reply. How do you mean? Big problem? In what way?

I'm actually very surprised that there are no fatwas about this issue, because the issue affects many, many young muslims. A fatwa along the lines of what you should do IF you do have a Student Loan. Solutions etc.

09-22-2011, 07:54 PM	#10
gardeniyas Join Date Oct 2005 Posts 566 Senior Member	Student loan debts are written of at death, so it does not need to be settled by family members. The debt is also written of after something like 30 years or something along those lines. That's what I'm thinking. It's an 'unusual' type of loan/debt in that the Loan Co. put an unusual condition on the loan, i.e. "you don't have to pay it off if you die, or if you reach X age." That's why I ask the question. If the Loan Co. are saying that why doesn't a person just go along with that condition (if they are not working) and therefore they will never have to pay it off. Everyone is happy. No haram money is paid. There's a big problem with zakah and hajj here, hopefully some ulema can reply. How do you mean? Big problem? In what way? I'm actually very surprised that there are no fatwas about this issue, because the issue affects many, many young muslims. A fatwa along the lines of what you should do IF you do have a Student Loan. Solutions etc.
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