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Student loan taken from 2003, now pay until aged 65!?
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I have to say, if you get to 65 and you still haven't been able to pay off your student loan, then that university education was worth every penny...0
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FWIW I took out a student loan in 2002, and I remember it being made clear that any remaining balance was wiped if you hit 65 (or if/when you died).Katharine1471 wrote: »not sure if I could dig anything out, but it was definitely the case it was written off after 25 years or age x (no idea what the age was because I had worked on the 25 years scenario as was applicable to me) - whichever was earliest.
I can only suggest that if you took out a loan in or around 2005, that you were getting the terms of the then-current student loan mixed up with the terms that were being discussed for the new replacements.0
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