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Topic History of: Student Debt
Max. showing the last 5 posts - (Last post first)
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In The Know |
honey!oh sugar sugar. wrote:
I am a bit uncomfortable with the idea of us financially supporting the brightest and most able youngsters and giving the less gifted ones, who probably need more help, nothing at all.
In one case, we have a chance of getting something back - in the second case its like pouring money down the drain (as is any secondary education !)! |
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honey!oh sugar sugar. |
I am a bit uncomfortable with the idea of us financially supporting the brightest and most able youngsters and giving the less gifted ones, who probably need more help, nothing at all. |
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Spee |
Yes - 30 years can be a very long time with a £50,000 debt burden.
Having to pay interest on it of 6% pa - before you've got a job!
And £50,000 is just the average (BBC).
Not really the solution - is it...  |
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Spee |
robbiex wrote:
If you don't earn over £21,000, then you pay at 6% per year above your salary over 30 years
Really half a lifetime at B + 5.5% interest then!?
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In The Know |
robbiex wrote:
If you don't earn over £21,000 (rising to £25,000 this year), you don't have to pay them off, then you pay at 6% per year above your salary. If you don't earn enough over 30 years to pay for this (including interest), then the rest is written off.
Quite correct, robbiex (as I always am .... lol !) |
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