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As an ex student nurse with just over £8K student loan . Is it worth me paying it back early ?
BazMorgan
Posts: 2 Newbie
Hi , Should I try and repay my loan early??
I was a student nurse , so did not have a loan for fees and just graduated ,my balance is £8,341.As a starting nurse I earn just over 21K so now I am getting charged 3% plus the RPI . I am 48 so 20 years until retirement . :Martin Lewis says that students should not worry as they will never pay back the interest over 30 years . Unfortunately , he has forgotten to answer that question for all the allied health care students who did not have a loan for fees and so will prob end up paying all the £2,500 a year back ( max £7,500) plus the high interest. I am sure many other students are unsure as Martin has just gone with the general students and forgot about all us nurses. Thanks in advance
Last edited by BazMorgan; Today at 2:05 PM.
I was a student nurse , so did not have a loan for fees and just graduated ,my balance is £8,341.As a starting nurse I earn just over 21K so now I am getting charged 3% plus the RPI . I am 48 so 20 years until retirement . :Martin Lewis says that students should not worry as they will never pay back the interest over 30 years . Unfortunately , he has forgotten to answer that question for all the allied health care students who did not have a loan for fees and so will prob end up paying all the £2,500 a year back ( max £7,500) plus the high interest. I am sure many other students are unsure as Martin has just gone with the general students and forgot about all us nurses. Thanks in advance
Last edited by BazMorgan; Today at 2:05 PM.
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