The FDA approved oxycodone in 1976. PRESCRIBED FOR: Oxycodone is prescribed for the management of pain severe enough to require daily, around-the-clock, long-term treatment with a narcotic, and for which alternative treatment options are inadequate for the relief of moderate to severe pain.he precise mechanism of action is not known but may involve stimulation of opioid receptors in the brain. Oxycodone does not eliminate the sensation of pain but decreases discomfort by increasing the tolerance to pain.
The repayment terms can be up to 30 years, but 20 or 25 years is more common. In practice, most borrowers choose longer repayment terms to reduce the monthly payment, even though this will cost more over the life of the loan. There isnât any really good data on the average time in repayment.
You'll still pay your loans within 10 years, but you'll pay about $10,800 in interest. If you switched to the income-based repayment plan, you'd pay your loans off in just over 10 years, with a monthly payment between $259 and $283. Your total interest would be around $8,700. With the income-contingent plan, it would take you 11.5 years to pay off your loans, making payments of $245 to $282 per month. You'd pay a total interest of $10,300. In this situation, the best option for repaying your student loans is the standard repayment plan.