how to afford a masters degree?????

lynzpower

ViolaLass wrote: »

I meant in this specific example i.e. OP has not mentioned any children so I am assuming there aren't any at this stage.

The other poster (sorry, can't remember the name), on the other hand, was bemoaning how expensive London accommodation is and is looking for a TWO bedroom place with a garden. That is more than your average student would accept (out of necessity) and since we're talking about 'how you afford a masters' and the OP hasn't mentioned children, disability or other extentuating circumstances, then they would not NEED to spend the amounts that the other poster outlined.

That was my point, made in the context of the 'average' student. If I have missed a mention of children, disability or something else, then I would have to revise my opinion. But as it stands, your average student would not be looking for a two bed flat with a garden in Central London; they would rather save the money and they can.

But is your average student, effectively married, in mid 30s with a dog and have been living independently for some years.

A single bedroom for me and the partner, nor halls is really going to suffice. This suits the "stereotype" studenti think the point is the average stereotype student is probably likely to be 18-23 or so with none of their own furniture, single, quite happy with a single bed, etc. But postgrads are different beasts.

I think that is what Lara is driving at, not all students fit the stereotype, especially at Postgrad level.

lynzpower

stuckinmyflat wrote: »

just wanted to say that i have no disabilities and no children as it seems to have cropped up.

i do feel that paying a mortgage instead of rent with a student loan is irrelevant, i have a small one bed flat with my OH, rent or mortgage would cost the same. A bit of a silly point really

i have to agree looking for a two bed place with garden in london seems excessive. My older brother was working in london for a private bank (earning a very good wage) and wasn't living anywhere like that. In fact he now lives in paris and still couldn't live like that. So it interests me that this would be affordable on a student loan ?

Im not taking out a loan, as I said earlier Ive been saving for some years and my OH is working and has a pretty good job

southoftheriver

Oldernotwiser wrote: »

You'd be surprised how few people know that grants were means tested on parental income in "the old days".

But that is by the by isn't it since I didn't make any assumptions...

Those students who were entitled to full support under the old grant system were undoubtably better off than those paying top up fees now.

Lara44

lynzpower wrote: »

I think that is what Lara is driving at, not all students fit the stereotype, especially at Postgrad level.

Yes absolutely, people of all kinds study at postgrad level. One of my friends at uni has 4 kids 3, 5, 7 and 9 :eek:

Now that's what I call multi-tasking!!

Oldernotwiser

southoftheriver wrote: »

But that is by the by isn't it since I didn't make any assumptions...

Those students who were entitled to full support under the old grant system were undoubtably better off than those paying top up fees now.

In the long term, of course - on a day to day basis not so.