The statute of limitations on debt generally applies to student loans, as well. If you haven't made a payment on your student loan in years, the lender may have a more difficult time suing you and winning a judgment. You can dispute the debt with the credit bureau, which will require the lender to provide proof that the debt is still valid. If the lender can't provide this proof, the debt will be removed from your credit report. If you're being sued for an old debt, you can raise the statute of limitations as a defense against the lawsuit. This is true even if the debt is still listed on your credit report. If you win, the court will dismiss the lawsuit and the debt will be removed from your credit report.