Write off Student Loans
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(b)is not behind on any repayments under any agreement for a student loan and—
(i)was under the age of 40 when his last agreement for a student loan was made and he reaches the age of 50 or when the last agreement for a student loan has been outstanding for not less than 25 years, whichever is the sooner, or
(ii)was aged 40 or older when his last agreement for a student loan was made and he reaches the age of 60, or
(c)if the borrower can show the lender that he gets a disability related benefit and because of his disability is permanently unfit for work.
More than a third of IVA`s fail....fact.
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