When you die you have an estate. That consists of all your assets minus your debts. Secured lenders have the right to get the item used to secure the loan,000. Lets say you have a car that is worth $50,000 and you only owe $10,000 on the loan. If nothing is done, the bank can seize the car, sell it, get their $10,000 plus costs for the seizure and sale, and return the remainder to the estate. Problem is, they could sell the car for $30,000 and after expenses, the estate gets $25,000 for a car that was actually worth $40,000 to the estate. It would have been far better if other assets of the estate had been used to pay off the car.
On the flip side, if the estate is worth less than the total debt, the lenders are going to go looking for someone to pay it off. In many cases a parent was a co-signatory on the student loan. In that case the parents get to pay the bill off as they signed it. They do not get forgiven as they are equally responsible for it.
If you love your family, ending it is not going to help them. Things may look bad now, they may even get worse but five years from now, things will be much better. You will be a graduate, you will have a job, you probably will have a steady relationship and you will be glad you got thru this.
Suicide is also totally stupid. I do not think your parents feel you are stupid.