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student loan interest rate rising to 3.2%
Comments
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jellyhead wrote:if it's true that graduates have a higher earning potential then surely they're putting plenty into the pot later on in their lives, why not help them out a bit during the student years ... when i was at uni 10 years ago i got a small grant and a loan and of course i also needed a job to pay the rent - if i'd been on the dole i'd have had twice as much money to live on though. plenty of people dropped out and went onto benefits, or just went onto benefits and never tried uni - why are the students getting bashed for asking for funding for 3 yerars of their life when the others are still on benefits ten years later?
this is sooo true and I am in total agreement. I know a lot of peole think students are wasters etc but in my experience its only the very few who get drunk every night and waste all their money. The majority have student loans but also work and go on to work as well though not necessarily in high paid jobs but at least they are working - compared to some people who never get a job or fraud the dhss.DON'T WORRY BE HAPPY
norn iron club member no.10 -
i couldn't have afforded to drink every night lol! i knew people who did, they were funded by their parents.52% tight0
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nadnad wrote:this is sooo true and I am in total agreement. I know a lot of peole think students are wasters etc but in my experience its only the very few who get drunk every night and waste all their money. The majority have student loans but also work and go on to work as well though not necessarily in high paid jobs but at least they are working - compared to some people who never get a job or fraud the dhss.Honorary Northern Bird bestowed by AnselmI'm a Board Guide and volunteer to help get your forum questions answered and keep the forum running smoothly on Special Occasions, Green/Ethical, Motoring/Overseas/UK Travel & Flood boards, it's not part of my role to deal with reportable posts. Report inappropriate or illegal posts to forumteam@moneysavingexpert.com. Views are MINE & not official MSE ones
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andrew_b6k wrote:exactly... it's only when i explain it in terms of the price of a mars bar that my girlfriend understands
when they were only 6d (half a shilling in old money) they were so big I couldn't eat a whole one!
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did wagon wheels used to be bigger or am i just remembering wrong because i was a child and therefore the wagon wheel was larger in proportion to my gob?52% tight0
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jellyhead wrote:did wagon wheels used to be bigger or am i just remembering wrong because i was a child and therefore the wagon wheel was larger in proportion to my gob?
to get back ON topic: any parents reading this should check that their offspring realise they are being charged interest on their loan, discovered just before he disappeared that mine didn't! He knew he'd got to pay it back, just didn't realise it was attracting interest while he didn't. D'oh!Signature removed for peace of mind0 -
eep! i didn't realise quite how much interest mine was getting. one year my deferment letter got lost in the post but i didn't realise they hadn't received it - they took a months repayment out of my bank account and wouldn't give it back, although they did defer the rest of the payments. i really couldn't afford to pay that months money :-(52% tight0
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jellyhead wrote:eep! i didn't realise quite how much interest mine was getting. one year my deferment letter got lost in the post but i didn't realise they hadn't received it - they took a months repayment out of my bank account and wouldn't give it back, although they did defer the rest of the payments. i really couldn't afford to pay that months money :-(Signature removed for peace of mind0
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nadnad wrote:oh lordy this is ridiculous I have £10K student loan and before I get any sarky comments from those out there who think students are lazy layabouts etc etc - I did not blow the lot on booze/drink/drugs or anything more outlandish than simply paying rent and bills and buying food etc, and yes I did have a job as well and worked about 25 hours a week which also helped. I didn't get any help from parents - they couldn't afford it and anyway its my education so why should they help. the reason I did a degree is because these days its nigh on impossible to get any job without one. Also why is it that when my sister did her degree about 1992 she not only got student grants to help with everything, but the graduate jobs also paid decent money now "graduate" jobs start at about £12K along with all the other jobs so basically you put yourself throught 3-4 years of extra exams, struggle financialy through all that, come out the other end with huge debt, get a job that doesn't necessarily need a degree educated person to do it, (but you have to have a degree cos everyone else has one) and then the government charge you lots of lovely interest for the privilege - excellant!
Let the backlash begin!
I just wanted to say thanks for posting this. I totally agree with you, it's very depressing. My loan was taken out for the same reasons as you. Not a penny was spent on drugs & booze, despite some people's narrow minded opinions. My parents didn't help with tuition fees either, everything came out of my own pocket, including £25 of parking each week.0 -
Oh dear - my student loan is getting bigger by the month. Being back at uni means that I can't pay any of my original loan back while studying and it's in the order of £15k I think. The SLC seem to have stopped sending me any information (i.e - annual statements etc). Same's happened to most of my friends too.:dance::j Take That 23/12/2007:j :dance:0
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