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.
Depending on the amount of the loan or how much money you make, this could mean youâre paying more than you would for a Standard Repayment Plan. With a Pay as You Earn Repayment Plan, you will have between 20 and 25 years to repay your loan. At the end of that time, if your loan has not been paid off, your loan will be forgiven. The repayment schedule that you decide upon will greatly influence how long it takes you to pay off your student loan.