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If you signed a federally-backed loan that is administered by the US Department of Education and therefore made directly by a government agency, the loan is automatically forgiven if/when: you become disabled, you turn 65, upon your death.

If you have a loan with and through a private lender, those general guidelines do not apply.

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11y ago
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4d ago

In general, student loans are not automatically forgiven at age 65. However, there are some loan forgiveness programs, such as the Public Service Loan Forgiveness program, that may forgive remaining loan balances after a certain number of qualifying payments. It's important to research and understand the specific requirements of any forgiveness program you may be eligible for.

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Q: Are student loans forgivinen at age 65?
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Are federal student loans forgiven at age 65?

Federal student loans are not automatically forgiven at age 65. However, for certain federal student loan programs and repayment plans, any remaining balance on the loan may be forgiven after a certain number of years of qualifying payments or through programs like Public Service Loan Forgiveness. It's important to check the specific terms of your loan and consult with your loan servicer or a financial advisor for more information.


My cousin told me that once you turn 65 all of your student loans are forgiven She is 53 and decided to go back to school after raising her family Is there any truth to that?

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