Key Bank - Controversy

Controversy

According to The Huffington Post, KeyBank is "one of many private institutions without a clear policy about canceling the student loan debt of a deceased individual." KeyBank attracted criticism over the student loan of Christopher Bryski, a Rutgers University undergraduate who died from a traumatic brain injury in 2006. Christopher owed KeyBank roughly $50,000 at the time of his death, and KeyBank demanded his parents, the cosigners of his debt, continue making the payments after he died. Christopher's brother Ryan launched a petition which was signed by over 78,000 people in its first week, asking KeyBank to forgive the debt. KeyBank agreed to forgive the debt several days later.

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