We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Student Debts!!!
Options
superman88
Posts: 4 Newbie
Hey guys,
I'm on the first year of a 5 year Medicine course, I have £3k per year tuition fees, and a £3.3k per year loan. Thats £6.6k per year. Times that by 5 years and that is £33k, if you add a 5 year overdraft of £2k that is £35k!!!
I have a job atm just 8 hrs a week, but from next year onwards I will not have time for a job or I'll end up failing. Its hard enough as it is this year, as I have so much work and lectures.
I can work in the summer, but that is pretty much not gonna reduce my loan as next year my loans are pretty much only gonna cover accom and tuition. The prospect of coming out of uni with a £35k debt scares me!
If anyone has any ideas to reduce it, and if you can point me in the direction of some really good posts or tips for student moneysaving then I would really appreciate it.
Thanks guys.
I'm on the first year of a 5 year Medicine course, I have £3k per year tuition fees, and a £3.3k per year loan. Thats £6.6k per year. Times that by 5 years and that is £33k, if you add a 5 year overdraft of £2k that is £35k!!!
I have a job atm just 8 hrs a week, but from next year onwards I will not have time for a job or I'll end up failing. Its hard enough as it is this year, as I have so much work and lectures.
I can work in the summer, but that is pretty much not gonna reduce my loan as next year my loans are pretty much only gonna cover accom and tuition. The prospect of coming out of uni with a £35k debt scares me!
If anyone has any ideas to reduce it, and if you can point me in the direction of some really good posts or tips for student moneysaving then I would really appreciate it.
Thanks guys.
0
Comments
-
Join the skint club!
From a clinical medical student!April Grocery Challenge £81/£1200
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards