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Student Loans 2012

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  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    silvercar wrote: »
    To support your children through school, encourage them in their education and then say that once they are 18 they are on their own, seems very strange.

    It is also a little odd to assume that topping up their grant/ loans just to the value that the government give to those whose parents are on a low income will automatically be enough to live on is like assuming that benefit levels are sufficient.

    Some university towns are very expensive and will require more money than the cheaper cities. You can see this just by comparing the typical student rents in different towns.

    To expect students to have a part time job during term time is fine if it doesn't interfere in their studies and there is work available. In some areas there is little work and some courses require students to be in college all day every day. There is no one-size fits all.

    Silvercar thank you for your great post.
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    Lokolo wrote: »
    Of course I would.

    Lokolo, how much do you owe in student loans?
    Turn your face to the sun and the shadows fall behind you.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    posh*spice wrote: »
    Lokolo, how much do you owe in student loans?

    No idea. The student loans repayment website is down! eek. But around £22k I think.
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    edited 16 January 2011 at 3:02PM
    Lokolo wrote: »
    No idea. The student loans repayment website is down! eek. But around £22k I think.

    How much did your grandparents give you?

    Did you/ will you take all the student loans you could? How much will you end up owing? Have you borrowed from any banks?
    Turn your face to the sun and the shadows fall behind you.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    posh*spice wrote: »
    How much did your grandparents give you? Did you take all the student loans you could?

    £2700 a year (accomondation costs), plus £225 a month (living expenses).
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    Lokolo wrote: »
    £2700 a year (accomondation costs), plus £225 a month (living expenses).

    £5500 per year then plus student loans of what £6,000 per year?

    Is that right? Just under £12k ?
    Turn your face to the sun and the shadows fall behind you.
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    Lokolo; do you live at home at any point during the year?
    Turn your face to the sun and the shadows fall behind you.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    posh*spice wrote: »
    £5500 per year then plus student loans of what £6,000 per year?

    Is that right? Just under £12k ?

    Student loans are more like £7k (£3.5k maintenance, £3.5k tution).
    posh*spice wrote: »
    Lokolo; do you live at home at any point during the year?

    Erm during the summer.

    My course is also 4 years (3 years in uni, 1 year out. During my year out I didn't get the gifts but got student loan of £1000 + £600 tution fee)
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    Lokolo wrote: »
    During my year out I didn't get the gifts but got student loan of £1000 + £600 tution fee)

    Did you get a salary or did you have to work for free?
    Turn your face to the sun and the shadows fall behind you.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    posh*spice wrote: »
    Did you get a salary or did you have to work for free?

    I would never work for free. :D I earnt £17k.
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