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Student Loan advice
Comments
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It is pretty depressing - and sad that my 16 yo is having to worry about such things. Like your chosen subject hers is a vocational degree to lead to a specific, and necessary, profession. I went to uni when no fees were charged back and I got a full grant - I came out in a good financial state and bought my first flat at 24. That just won't be possible for her
Unfortunately were are in such a rubbish situation that depending on whether she decides to live anywhere but the North that she won't ever own a property of any kind! :eek:
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I suppose that if you didn't need the full amount but taking it wouldn't cost you any more you could take it and put the money in a LISA if you haven't bought a home yet. If you have already owned property you could still take the full whack and squirrel it away for a rainy day.0
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Don't forget to factor in that any outstanding balance on your student loan is written off after 30 years.
I used to be Starrystarrynight on MSE, before a log in technical glitch!0
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