I always hear rumours that the government or the inland revenue...not sure which one write off loans if you don't pay them back within 10years ...How true is this?
2006-11-22 01:05:29 · 9 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
It's a good job I won't be going to that dive of a country known as America...I'm not being cheap I think its classy and cool!
2006-11-22 01:21:08 · update #1
I doubt it, though if you remain on a salary of less than 15k for ten years they'll write them off...
Not really worth it if you can get a raise though!
2006-11-22 01:13:07 · answer #1 · answered by SilverSongster 4 · 0⤊ 0⤋
sure, it extremely is real yet certainly the age is 50. In my case i'm nevertheless paying as I certainly have a three month era the place I wasn't eligible for deferred money yet as quickly as I've paid THAT off then something of the non-public loan would be written off. I wish i could been able to looking a stable finished time paid job interior the ten years and paid it off myself yet as you be attentive to, it extremely is not continually achieveable. So enable's wish you may nicely be extra fortunate than I and stable success.
2016-11-26 01:02:14 · answer #2 · answered by ? 4 · 0⤊ 0⤋
The governemnt always remembers who owes them money, and if you ever have any money again and owe the government you will have it confiscated for sure.
You will be locked up by the police in cells for 90 days without charge. You will be sent threatening letters by courts on a daily basis (if you have an address they can send them to).
2006-11-22 01:18:03 · answer #3 · answered by James 6 · 0⤊ 0⤋
If you stay on someones property and set camp and live there for 10 years it becomes your property.
Now as for loans and evading for 10 years, when you eneter the U.S. soil at kennedy Airport, you will be escorted nicely to the IRS station and file ytour taxes ...gently as she weeps.
2006-11-22 01:14:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Maybe a rumour, but if it isn't it does seem a little extreme to excile yourself for ten years to avoid paying off student debt!
2006-11-22 01:08:17 · answer #5 · answered by Nobody200 4 · 0⤊ 0⤋
I know for a fact that this is not true for Americans.
I lived in Asia for ten years, and the balance of my student loans was waiting for me.
2006-11-22 01:13:30 · answer #6 · answered by silvercomet 6 · 1⤊ 0⤋
sure, they give you a car and house when you get back too.
2006-11-22 01:11:56 · answer #7 · answered by shaneread2004 2 · 1⤊ 0⤋
stop being so cheap
2006-11-22 01:14:56 · answer #8 · answered by Mr Trend Vampire 2 · 0⤊ 0⤋
No, it's false.
2006-11-22 01:17:33 · answer #9 · answered by Minmi 6 · 0⤊ 0⤋