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It depends what the student went into for a career. Some may have dropped out of college and still have to pay the student loan back which is harder if they have a large debt. * There's no way to give an accurate answer to the question without knowing all the pertinent facts. One would need to know the amount of the loan, the interest rate, the repayment agreement, the economic status of the debtor and so forth. I had $62,000 debt when I left law school and it took me 30 months to repay the amount. At the present graduate students can owe $90,000+ upon graduation.

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Q: How long does it usually take to pay off a student loan?
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Related questions

Can the state take your federal student loan money?

The state should not usually be able to take your federal student loan money. However, there might be some particular details that will cause them to take it.


How long does it take to pay back student loans?

Loan Calculators You can use this student loan payoff calculator to estimate how long it will take to pay off your student loans. Use this tool to determine how quickly you'll pay off your student loans. By making a higher monthly payment, you can shorten the length of your loan.


What is the purpose of a student loan calculator?

A student loan calculator's purpose is to estimate the size of your monthly payments when you get a student loan. It will also help you find out how much you will end up paying in interest and how long it will take to completely repay the loan.


How long does it take to receive a student loan from city colleges?

500 days


How long will it take to pay off the interest on my student loans?

Go to the website or place that you found your student loan and ask for the interest and they will be able to calculate how long it will take with your current income.


How long does it take to pay a 60000 student loan?

depends on monthly payments and the current interest rates


How long does it take for a loan to go through once you've applied and been accepted?

Usually once your application is reviewed and accepted the student loan agency will disburse the money to your school a week or two before you semester starts. However, larger student loan agency�s have on-line process that the whole process is done within a week or sooner.


Who should get a debt consolidation loan?

Federal Student Loan Consolidation Program means combine all loan into a single pay. :Loan consolidation is the best for the student who not able to pay your fees. If any student want to continue their study and they want to take admission in top college for higher education but good college take high fee. But some time all student unable to pay your college fee then they take student loan. But after completion of education they are facing problem with pay your student loan then they require loan forgiveness or consolidation. Federal student loan consolidation is the best option to pay your all loan into single pay


How long does it take to close on a mortgage loan?

usually 3 to 5 business days


How long do it take to get a loan from American Intercontinental University?

it usually takes a week or 2


How long does it take for students to typically repay their student loans?

Student loan repayments can vary depending on the amount of your loan. It also will depend on how much you plan on paying each month. The more you pay the faster it will be paid off.


Can social security take your check if you are a co-signer on a student loan?

If you are on social security you should not be cosigning on a student loan. You would be guaranteeing that if the student doesn't pay off the loan you will. The federal government can garnish your social security benefits to recover student loan payments.