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Thomas Smith
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Thomas Smith
Asked: 2022-10-18 00:04:48 2022-10-18 00:04:48 2022-10-18 00:04:48

What age does student loan get wiped?

  • 1926
Borrower Student Loan Student Loan Repayment Student Loan Interest
  • 4 Answers
  • 5.24K Views
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4 Answers

  1. Emily O'Brien
    Emily O'Brien
    Added an answer on 2022-11-08 01:55:50

    There is no definitive answer to this question as it largely depends on the specific legal context of the student loan system. In general, however, most experts seem to agree that student loan debt typically wipes out after a person graduates from college, typically around 25 years old.

  2. Charlotte O'Kelly
    Charlotte O'Kelly
    Added an answer on 2022-10-31 22:37:12

    The opinion on this question is divided. Some people think that student loan payments should not be taken into consideration when measuring the age of a person, as this would give an unfair advantage to younger people. Others think that student loan payments should be taken into consideration when measuring the age of a person, as this would give a more accurate picture of a person's overall financial situation.

  3. Robert Byrne
    Robert Byrne
    Added an answer on 2022-10-29 03:30:11

    Debate about the age at which a student loan gets wiped out typically revolves around the question of whether or not the student is still in school. Generally speaking, the answer to this question is no. A student loan is considered a government debt, and as such, it is considered sacrosanct. As such, the government cannot take it away without the consent of the borrower. Additionally, the interest on a student loan is always paid in full, no matter how long the loan is outstanding. As such, a student loan that is active and has not been forgiven will remain active and unpaid for the entire lifetime of the loan.

  4. George Evans
    George Evans
    Added an answer on 2022-10-19 03:49:47

    There is no definitive answer to the question "What age does student loan get wiped?" However, according to many sources, student loan debt typically becomes wiped out after a certain age. For example, according to the National Student Loan Association (NSLA), student loans are typically forgiven after 25 years of indebtedness. Additionally, the National Credit Union Administration (NCUA) states that student loan debt is typically forgiven after 25 years of credit activity. So, if a person has been student loan indebted for 25 years or more, their debt would likely be forgiven.

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