When will my student loan be written off? Confused

faveted

I started university in England in Sept 1997 aged 21. I graduated in July 2000. Standard undergrad degree. I took out  student loans in 1997 & 1998. Over the years since I have had some jobs where I earned above the threshold and thus loan repayments were taken from my salary, and some jobs where I earned less, and thus no loan repayments were taken. Consequently, I still have student loan debts that have not been repaid. 

I am a little confused about when and if my outstanding student loan will be written off.

According to moneysavingexpert.com , as I was under 40, and started higher education in 1997, my loan is due to be written off whichever is the earlier of 25 years after your first payment of your last loan agreement, or when you I reach age 50. This would be around 2025. I will be 50 in 2026.

However, according to gov.uk website, it states that if the first loan was paid before 1 Sept 2006, and I'm on plan 1 (which I am), then the loan will be written off when I'm 65.

 I've recently become self employed, and this will obviously affect my self assessment. Can anyone help and please explain when my loan is likely to be written off? The conflicting information is confusing. Thanks in advance. 

silvercar

Who now owns your student loan? The (very) old mortgage style student loans are written off at age 50/ after 25 years. Here’s the website from one of the companies: https://www.erudiostudentloans.co.uk/en/news/age-related-cancellation.html

plan 1 student loans were issued from September 1998 onwards, so you probably have the old style loan rather than plan 1.
the difference is explained here: https://nationaldebtline.org/get-information/guides/repaying-student-loans-ew/#:~:text=What%20is%20a%20fixed%2Dterm,mortgage%2Dstyle'%20student%20loans.

fluffychicken_2

We've also got confusion. 

The info on the MSE website says they should all be written off by 2025, but then goes on to say in the table 25 years after last loan, which for me is a 99xxx###
Which should trigger it now 2019 + 25 = 2024, aka now when we got our last loans. 

All mortgage style. Friends are also confused in a smiler situation. 
There is absolutely no information coming from Thesis, Erdunio or SLC about specific dates. Just website generalised guesswork comments.
The topic came up as we've just been sent statements, not cancellation notices. 

silvercar

fluffychicken_2 said:

We've also got confusion. 

The info on the MSE website says they should all be written off by 2025, but then goes on to say in the table 25 years after last loan, which for me is a 99xxx###
Which should trigger it now 2019 + 25 = 2024, aka now when we got our last loans. 

All mortgage style. Friends are also confused in a smiler situation. 
There is absolutely no information coming from Thesis, Erdunio or SLC about specific dates. Just website generalised guesswork comments.
The topic came up as we've just been sent statements, not cancellation notices. 

Contact the loan provider. Their details should be on your statement. They aren't going to lie. Just ask them the date of write off.

fluffychicken_2

Getting through has been a problem, just wondering what other people have experienced over the past years as they get written off.