Christie signs bill to forgive college loans if student dies

The measure forgives New Jersey College Loans to Assist State Students (NJCLASS) if the borrower dies, even if a parent or guardian co-signed the loan.

The program helps cover college costs not already paid for by other grants, scholarships and loans and offers low-cost rates on loans to New Jersey residents attending eligible in-state or out-of-state schools and to out-of-state students attending a New Jersey school.