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Student loans

Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
edited March 27 in Work & Study
what's the deal with student loans
Is it true you don't have to pay them back until you are earning over
a certain amount?
The most I've ever earned is £13,000 pa
Post edited by JustV on

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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    check out www.slc.co.uk

    thats the student loans company - pretty much tells you everything i think.

    Nolite te bastardes carborundorum
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    You only gotta pay it back when you earn over £10,000pa. But, pay it back at the minimum level 'cos your debt dies with you!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Yeah pretty sure its 10k pa that you have got to be earning before you have gotta pay it back.

    I've considered student loans but i waste too much money and would end up with enormous debts... so decided against it

    its not illegal til u get caught <IMG alt="image" SRC="http://www.stopstart.fsnet.co.uk/mica/monkbum.gif"&gt;
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    If only I could get a retrospective student loan then!!!!
    I was brought up by parents who encouraged me to kick against the pricks so when all todays students were still in school I refused to take out a student loan because it was unfair. What happened......I got stung with a bank loan instead, which I've been paying off for years!

    Wish I had a student loan to pay off
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