Plan 2 AND Plan 5 loans (Current PGCE students) - repayment rules costing £10,000s?

Ed-1

silvercar said:

Inwit said:

I'm a plan 2 former PGCE Student. I was failed from the course. I have a Plan 2 Student Load. I am 61 and don't plan to try again or go back to work. What happens to my loan? Without a job, I cannot pay it off. The point of getting a degree was to give me a better chance of getting a job. I passed the degree with a first easily, however, I have applied for a number of jobs and have never even had a reply. I feel now it is not even worth trying.

I’m confused between you passing with a first and being failed from the course. Which was it? 

Either way, if you aren’t working and don’t intend to work, eventually the loan will get written off. 

When Plan 2 loans get written off

Plan 2 loans are written off 30 years after the April you were first due to repay.

If you have 2 separate plan 2 loans, each will have a separate right off date.

Presumably failed from the PGCE after getting a first in a degree course.