please email me at mrleon29@gmail.com if you know the answer. Thanks.
2006-09-07 15:32:13 · 13 answers · asked by enlishtutor1 1 in Business & Finance ➔ Other - Business & Finance
Sorry, I don't know wich country you are from. In the UK, your student loan is written off after 50 years.
2006-09-07 15:50:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, it's true but actually the age is 50. In my case I'm still paying as I have a 3 month period where I wasn't eligible for deferred payments but once I've paid THAT off then the rest of the loan will be written off. I wish I'd been able to find a good full time paid job within the 10 years and paid it off myself but as you know, that's not always possible. So let's hope you can be more fortunate than I and good luck.
2006-09-07 15:53:03 · answer #2 · answered by mancunian_nick 4 · 0⤊ 0⤋
one ingredient you'd be desiring to shop in ideas is that this. once you connect, thats it. it truly is unlike a job the position in case you don't love after a month you may basically go away. in case you verify in and they say 4 years, than meaning 4 years. no longer a minute quicker, no longer a minute later. i know its very tempting to easily enable uncle sam pay for the loans. basically imagine in spite of the reality that, how lengthy have you ever been contained in the relationship and is it properly worth it? Are there little ones in contact? you may want to make sure if the benefits outway the outcomes. i do not imagine theres a guy contained in the international who might want to be straightforward for 4 years, so thats why he probably suggested he'd go away. no longer because he's anxious about you, yet because of each thing he might want to might want to manage. Oh and FYI in case you chosen the Air stress questioning they surely fly and do not strive against on the floor...... thats definately no longer the case.
2016-11-25 20:01:38 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Why would you be interested in a loan so huge you would still be apying for it at 55? In that case forget collega and get a job. You might earn less but at least you have no debts and perhaps more to spend than having a great wages but having to pay loans and thus having less to spend. Unless you are 50 years old right now and gtoing to college.
2006-09-07 22:13:27 · answer #4 · answered by trytostayanonimous 2 · 0⤊ 0⤋
NOPE, I actually heard of a man who's social security (of a whopping $500 per month) was being garnished for student loans.
2006-09-07 15:42:06 · answer #5 · answered by SadToday22 3 · 0⤊ 0⤋
They will come after you and garnish your wages long before you turn 55. You got the benefit of the education, now pay the dept.
2006-09-07 15:35:11 · answer #6 · answered by Emm 6 · 0⤊ 0⤋
I'm not sure about paying it off by age 55.... but I know that the loan is payed off if you become handicapped... and cannot work..
"O" Wise One......... knows
2006-09-07 15:36:57 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Just pay the money! People like you stop others benefiting in future.
2006-09-08 02:13:31 · answer #8 · answered by scallywag 4 · 1⤊ 0⤋
Do not rely on hearsay. Read your contact that you signed for the real informat ion.
2006-09-07 15:37:28 · answer #9 · answered by Jim 1 · 0⤊ 0⤋
i seem to remember at the university open day i went to with my daughter this summer that they said something about once you hit 70ish there is no point coming after you.
2006-09-07 23:00:13 · answer #10 · answered by alatoruk 5 · 0⤊ 0⤋