Mom Petitions Private Loan Company To Forgive Her Dead Son’s Loans (DETAILS)

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It’s been three years since Ella Edwards’ son Jermaine passed away at the young age of 24 years old, yet she still struggles to pay back the student loans that he will never be able to use.

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In order to get private loan companies to forgive her son’s loans, the 61-year-old mother has started a petition with Change.org petition that’s collected over 200,000 signatures.  

ABC News reports:

Jermaine Edwards went to college to study music production, and his mother, Ella, agreed to cosign his student loans to help him attend school. However, Jermaine died of natural causes in 2009 at age 24, leaving his mother responsible for the loans.

“That’s when American Education Services (AES) and National Collegiate Trust (NCT) turned my son’s dream into a nightmare for me and the two year old son he left behind,” Edwards wrote in the petition.

Edwards had three student loans when he died, two federal and one private. The two federal government loans were forgiven within a month of his death. However, the private loan company is refusing to forgive the loan.

“He was paying the loan bills when he died, but the balance is still over $10,000, and if I’m ever a couple days late on a payment, the calls keep coming until I pay,” Edwards told ABC News.

The petition states:

“I’m horrified at your institution’s practice of hounding a dead student’s family for repayment of student loans he’ll never get a chance to use,” to letter reads. “I’m calling on you to do the only humane thing – let this still-grieving mother mourn the loss of her only son in peace. I stand with the Ella Edwards family and decent people everywhere in demanding that you discharge Jermaine Edwards’ student loan debt today.”

It’s a shame that loan companies go after any and everybody like a shark without showing the least bit of compassion!

SOURCE: ABC News

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