Student loan and marriage

vaporate

CLAPTON wrote: »

bizarre

where's the evidence that most graduates earn less than 15,000 and will never pay the loan back

Most graduates will never pay it back in full, sorry. Partially yes.

I used the calculator on here, and I would need to earn around 22k per annum to clear my student loan in full before I reach the write off age of 65.

barbarawright

vaporate wrote: »

Most graduates will never pay it back in full, sorry. Partially yes.

I used the calculator on here, and I would need to earn around 22k per annum to clear my student loan in full before I reach the write off age of 65.

Are you seriously saying that most graduates don't earn 22k. I realise that many people do earn less than that but it's hardly the most princely of salaries for a graduate with a few years experience.

The OP seems very sure she will never work full-time again...

iamana1ias

Sweeds wrote: »

I have a student loan that I am paying back as I am working full time at present, however I am getting married next year and when I get married I am hoping to give up work

Why?

Why did you bother doing the degree if you're going to sit on your @rse watchng Jeremy Vile for the next 40 years?

CLAPTON

average earning in the uk in 2008 were 24,908 pa

presumably graduates earned slightly more, doubtless with some exceptions

bumpoowee

housebuyer_abc wrote: »

Which all seems so wrong!

You took out the loan you should pay it back. I agree people unable to work should have a get-out clause, but people who are able to and just don't shouldn't get away so easily

The day that every graduate who got uni paid for all courtesy of the taxpayer and then pulled the ladder up behind them for today's students pays back taxes of £20k each I will agree with you, but until that day I say good on anyone who gets out of paying it back.

If I could find a loophole to get out of paying it I'd do it like a shot. Today's graduates are paying for the greed of the previous generation.

vaporate

barbarawright wrote: »

Are you seriously saying that most graduates don't earn 22k. I realise that many people do earn less than that but it's hardly the most princely of salaries for a graduate with a few years experience.

The OP seems very sure she will never work full-time again...

Why so shocked? You do know 2 to 3 million people went to uni this year? (minus ppl who fail/drop out) Not all will get 22k a year to start with.

Depends if you live in London or not. I reckon the average starting salary is 18k or 15k.

vaporate

CLAPTON wrote: »

average earning in the uk in 2008 were 24,908 pa

presumably graduates earned slightly more, doubtless with some exceptions

24k? I would have to seriously disagree. Is that starting wage? or with years of experience. Source?

I know a guy with a bachelors and masters in English from Royal Holloway who is earning 18k doing Sales. I know another one with a biology degree from Royal Holloway earning 19k.

As for myself, I'm not too bothered as it wasn't my reasoning for doing a degree.

Not a rant Just throwing examples around.

Anyway, OP, hope you got the info you needed.

CLAPTON

vaporate wrote: »

24k? I would have to seriously disagree. Is that starting wage? or with years of experience. Source?

I know a guy with a bachelors and masters in English from Royal Holloway who is earning 18k doing Sales. I know another one with a biology degree from Royal Holloway earning 19k.

As for myself, I'm not too bothered as it wasn't my reasoning for doing a degree.

Not a rant Just throwing examples around.

Anyway, OP, hope you got the info you needed.

You're a graduate..what skills did you develop?

Average means average and since we are discussing 40 years you can use your refined powers of deduction about whether I meant beginning gratuate or not... just think about it for a moment or two.

hint... try googling.. there's a wealth of information out there..


PS.. while anecdotal examples is all the rage (lets zoom over to Mrs Bloggs in Gateshead for her view on QE (don't ask) , it's hardly evidence.

barbarawright

vaporate wrote: »

Why so shocked? You do know 2 to 3 million people went to uni this year? (minus ppl who fail/drop out) Not all will get 22k a year to start with.

Depends if you live in London or not. I reckon the average starting salary is 18k or 15k.

I didn't say starting salary. I mentioned graduates with a few years experience. Are there really graduates who aren't earning enough to be paying back their loan 10 years after graduating? I don't have any strong feelings about the ethics of loan avoidance (I didn't pay to go to university and am happy to subsidise others to do so for free) but I'm curious as to the OP's motives if she really intends to not work for another 40 years (would that I could be so confident about my own financial security for that period of time )

vaporate

barbarawright wrote: »

I didn't say starting salary. I mentioned graduates with a few years experience. Are there really graduates who aren't earning enough to be paying back their loan 10 years after graduating? I don't have any strong feelings about the ethics of loan avoidance (I didn't pay to go to university and am happy to subsidise others to do so for free) but I'm curious as to the OP's motives if she really intends to not work for another 40 years (would that I could be so confident about my own financial security for that period of time )

At the end of the day, the OP and all uni students who took out the loan agreed to the terms by signature.

Those terms also mean not paying if you never earn above 15k for what ever reasons.