Unfair Student Loan Overseas Repayment Requirements

antrobus

buckydee wrote: »

..... I note that the repayment arrangement is the same for Australia as it is for the UK, however, this does not take into account the increased cost of living in Australia when compared to the UK. ...

The repayment arrangement is the same for London as it is for the rest of UK; the increased cost of living in London isn't taken into account either.

buckydee wrote: »

...Is there any way of challenging this?

No, I don't believe so.

Furrtiv

This is true, however, how about saving as much as possible in your new job and repaying the whole lot as a lump sum? Can this be done with student loans? I'm applying for jobs all over the world, so it's pertinent information for me, too. Won't stop me from pursuing my dream career, though!

bargainbetty

The Student Loan is a commercial arrangement. As your income reaches specific levels, you repay at a set level. Your choices regarding how and where you spend the rest are not the concern of the SLC, nor should they be.

You are choosing to live in Australia, a choice I entirely understand! However, if you took on a larger and more expensive home in the UK and chose to eat only fillet steak every night, you wouldn't expect to have your payments reduced accordingly.

malkyh

LouLouLouLouLou wrote: »

FWOR, ILW, mulronie and all the others with really helpful comments... your attitudes are bizzare. Do you work for the Student Loans Company? Get a life. Get to Oz! Ha!

Groan, there we have it again. Just because someone disagrees then they HAVE to work for the student loans company.

How's about YOU get a life.

Voyager2002

I seem to recall this discussion a few weeks ago.

callum9999

LouLouLouLouLou wrote: »

BuckyDee - we completely get where you're coming from and totally agree that the cost of living should be taken into consideration. It's far more expensive here, with a tin of soup alone costing $5!!! Ridic!!!
We have just moved here and are having the same dilemma. Hoping to speak with the student loans company tomorrow, so will let you know their response.

FWOR, ILW, mulronie and all the others with really helpful comments... your attitudes are bizzare. Do you work for the Student Loans Company? Get a life. Get to Oz! Ha!

A tin of soup doesn't cost $5... You can easily get soup for under $2 in all the supermarkets...

Which yes, is very pricey compared to the UK (the equivalent of around £1.20 for Tesco Value soup!) but as has been pointed out, wages are ridiculously high. I used to earn around £13 an hour as a cleaner in a motel, in the UK the pay would be half that! Regardless, that's the choice you make when you move to an expensive country (and one I am hoping to make myself!).

Mallotum_X

The consideration on cost of living is yours, not theirs. If you choose to go to Oz, presumably for a better life then you need to take this into account. No point moaning about it really.

DCFC79

Mallotum_X wrote: »

The consideration on cost of living is yours, not theirs. If you choose to go to Oz, presumably for a better life then you need to take this into account. No point moaning about it really.

You would have thought the living costs would have been factored in when considering the move.

opinions4u

These whingers are in for a shock when the Aussies suss them out.

I do hope they never return to Blighty.