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How deep is your debt?

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Comments

  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by fearful_penguin:
    <STRONG>Glad I'm not an international student!

    By the time i leave, i'll have
    4 x £3,600 = £14,400
    and i aldready have £1000 overdraft and am in my second year out of 4! I'm lucky, my parents pay my fees (about £500).</STRONG>


    You have low fees. I have to pay £1075 a year. Fortunately I'm still at home so Im not doing badly, and I saved up a lot over the holidays.
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    i am in my third year, and i too have to be in college 9-5 most days. however, i do manage to work two jobs - at nights and weekends (about 25-30 hours a week) and also get my work done. i even manage to fit in a social life somewhere. i don't get money off my parents, and most of my loan doeas go on my rent. i also have fees to pay, but i don't whinge about it like most of my friends. i think that students in general complain far too much and if they actually could be bothered they would get jobs and appreciate the value of money. none of us will be that much better off when we graduate, so make the most of having access to such huge loans as a student.
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by Kermit:
    <STRONG>Over a three year course:
    3x£1000 fees
    3x£3500 loan
    =£13500 before you even start with overdrafts <IMG alt="image" src="http://www.thesite.org/ubb/smile.gif"&gt;

    </STRONG>

    I've started with overdrafts. <IMG alt="image" SRC="frown.gif" border="0">
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Turtle thats about right. Luckily you're not doing science that costs millions (bout £10000) and you don't get a loan either. Good luck kid.
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Don't know if anyone can beat this?

    4x £1000 (fees) = £4000
    4x £3000 (loan) = £12000
    £1600 (overdraft) = £1600

    total: £17600
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    15,000 FOR ONE YEAR AT UPPER 6TH.
  • Girl-From-MarsGirl-From-Mars Posts: 2,822 Boards Guru
    Originally posted by shine:
    <STRONG>15,000 FOR ONE YEAR AT UPPER 6TH.</STRONG>

    how??
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I owe $70000 (about 50000 pounds) in loans for my university, which would be a lot higher if not for scholarships.
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    <IMG alt="image" SRC="eek.gif" border="0">
    poor bastard
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Has anyone seen this article about the student debt petition?

    It's on the BBC website: http://news.bbc.co.uk/hi/english/education/newsid_1789000/1789927.stm

    Anyone signed it yet?
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    *uses calculator to tally up all the loans*

    Hmmmmm.........

    In total I will be £4000 smackers and this is my final year, so this is what I will have to pay back.

    I thought I was bad, but looking at the replies it seems am a lucky one. Well I hope it pays off in the end run. <IMG alt="image" SRC="smile.gif" border="0">
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    My course (MCSA) has cost me $6500 (2000 pounds), thats the beauty of studying abroad, cheaper course fees, exams are quite harsh tho about $300 each (100 pound) and theres 4 of them...

    Thankfully in total at the end of the course I will only be $7500 in debt (cause you get $1000 for course related costs paid direct in cash to your bank.. woo-hoo!)

    And, if I consider working in the UK after my course I can earn in excess of 16k pounds and above and pay back my student loan within a year thanks to the wonderful exchange rates... worth a thought <IMG alt="image" SRC="smile.gif" border="0">
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