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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: 3,939 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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: 48,477 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Good news for post-2012 loans.

    Unchanged for pre-2012 loans.

    Big hit for those with both.
    I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, 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 forumteam@moneysavingexpert.com (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: 48,477 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Good news for post-2012 loans.

    Unchanged for pre-2012 loans.

    Big hit for those with both.
    I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, 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 forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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