Good News for Graduates

The minimum salary that you start paying back your student loan has been increased from £21,000 to £25,000.

I'm a new user so I can't post links but I read it in the Financial Times so a quick Google search should bring it up.

Comments

  • Ed-1
    Ed-1 Posts: 3,846
    First Anniversary Name Dropper First Post
    Forumite
    The minimum salary that you start paying back your student loan has been increased from £21,000 to £25,000.

    I'm a new user so I can't post links but I read it in the Financial Times so a quick Google search should bring it up.

    Not good news for pre-2012 graduates.
  • silvercar
    silvercar Posts: 46,721
    Academoney Grad Name Dropper Photogenic First Anniversary
    Ambassador
    Good news for post-2012 loans.

    Unchanged for pre-2012 loans.

    Big hit for those with both.
    I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • silvercar
    silvercar Posts: 46,721
    Academoney Grad Name Dropper Photogenic First Anniversary
    Ambassador
    Good news for post-2012 loans.

    Unchanged for pre-2012 loans.

    Big hit for those with both.
    I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 341.6K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.1K Spending & Discounts
  • 233.7K Work, Benefits & Business
  • 605.8K Mortgages, Homes & Bills
  • 172.3K Life & Family
  • 246.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards