United Kingdom
General community for news/discussion in the UK.
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Damn. Does the debt get erased eventually?
Eventually yeah I think written off in your 50s perhaps.
Which doesn’t make sense to me either from the debt giver point of view. Not had enough time to pay it off even with a high paying job.
Would love to know the thinking and rationale behind it all and the figures. I know some people that went back and did a masters or two and have student debt almost as £80k. They figure they’re never paying it off so why not 🤷