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MSE News: Student loan interest rates go negative
Former_MSE_Guy
Posts: 1,650 Forumite
This is the discussion thread for the following MSE news story:
"Today is a revolutionary day. Of the 3.7 million holders of outstanding Student Loans Company loans – many in their 20s and 30s – 400,000 will see their interest rate go negative.
This means in a year, even if they repay nothing, they’ll owe less than now. For the rest, loans are interest-free ..."
"Today is a revolutionary day. Of the 3.7 million holders of outstanding Student Loans Company loans – many in their 20s and 30s – 400,000 will see their interest rate go negative.
This means in a year, even if they repay nothing, they’ll owe less than now. For the rest, loans are interest-free ..."
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Comments
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Thanks for digging it in
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Does anybody know whether this will have any effect on the monthly amount that I'm already repaying on pre 1998 loans?
Thanks.0
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