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Student Loan Payment Terms

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CLarner
CLarner Posts: 12 Forumite
Fourth Anniversary First Post
Due to the recent threshold change it has transpired that I will now have to start paying my pre-1998 mortgage style student loan back.

My 25 year loan write off is very imminent (Oct 2022) and I wondered if anyone could advise what will happen when I start paying this loan back - i.e. if it will negate the write off of the outstanding loan after 25 years or if the outstanding loan will still be written off at this 25 year anniversary regardless of if I have paid some of the loan back? I'm unsure if when you start to pay it back you are then liable to pay in full or if it was a fixed term loan with a finite life that will expire after 25 years?

Having never earned anywhere near enough to meet the threshold previously I honestly don't know how paying some of the loan back affects terms so would be really grateful if someone could clarify for me?

Many thanks in advance. 

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