Not currently paying my student loan back yet, as i don't earn enough. Cushy. :)
But i am paying back my car loan and graduate loan. Not so cushy :(
Printable View
Not currently paying my student loan back yet, as i don't earn enough. Cushy. :)
But i am paying back my car loan and graduate loan. Not so cushy :(
You know this thing where you start paying back if you earn more than £15k. What happens if the student person never earns any money?
I only ask because my fella's ex went to uni for 4 years, racked up lots of debt (lots of which WE are now paying off :rolleyes: ) and rather than use her degree, she has turned into a baby making machine. (5 kids :eek::eek: ).
So what happens to her debts? I doubt she will ever work - well not a fully time job anyway.
To be honest - I feel quite nervous about Griffin being on Question Time - whilst the prospect of a baying audience tearing a strip off Griffin on prime-time TV might be an appealing one to some. What they are not taking into consideration is the fact that Griffin is thoroughly adept at rabble-rousing, and if he turns up banging a few of the party's populist drums - more jobs for british workers, extra funding for the army, etc - the whole thing could quite easily turn to his advantage.
If he voices these policies the loudest and mollifies the BNP's reprehensible social attitudes whilst doing so, before you know it you've got a chorus of spellbound ignorants giving him an ovation on national TV.:eek:
Interesting coverage of anti-fascist demonstrations on BBC teatime news. I don't think Griffin will get an easy ride from either the panel or audience this evening. Its one thing to give the odious bully a platform, its another allowing him to make the most of it
You never pay it then i think, it just keeps accumulating interest.Quote:
Originally Posted by OneHillWonder
In-fact it might get wiped eventually. There are ways and means of getting it wiped, such as leaving the country for 5 years etc etc...
Has he nicked Gordon Brown's spiel then:rolleyes:Quote:
Originally Posted by Danbert
No income - no loan - so I take it that you would leave education at 18 - go get a job, save up for 15 years until you have enough money to go to Uni at the age of 33.......Quote:
Originally Posted by Rodders rambler
18 years of age is the norm for kids to go to Uni. Hence they are likely to need a loan and have always had one.
I dare say Jack Straw did when he the NUS President.
Until 1997 that is when they brought in £3Kpa of tuition fees meaning that an extra 10K was added to the typical student debt.
That is unless Mum & Dad have deep pockets.
The loan interest is linked to the bank base rate - so if it goes up and down, so does the interest on the loan.
Even if you do not earn the 15K to trigger off repayments, the debt is still there.
As a taxpayer, I would rather fund a University Student through a successful degree / diploma course than fund a criminal to have a nice comfy cell.
Well i've just reached the end of this thread and what a marathon! Thanks to all participants it's been interesting. It's a shame people had to start falling out, but i really enjoyed Merry and Al's viagra break dealing with the War of the Roses. What was it all over anyway? was it a fight over who owned the Pennines? Tough, Cumbria's got them now :D we both lost :(
As for my opinion on the BNP, if Labour hadn't alienated so many of the people in this country then we probably wouldn't be typing now. Anyway when it comes to them ruling the country it's a bit of a storm in a teacup, they'll never get that far.
Haha i forgot about that....i'll have to flick back and find what we said.Quote:
Originally Posted by mr brightside
Personally i think the war of the roses should be taught in school in yorkshire/lancashire....even if its only one lesson....because its a big thing in history and people are always going to remember it and bring it up. I bet 90% of the people in lancs/yorks dont even have a clue why there was a war...even i dont....but i have this idea in my head that it was about who got to have the red roses as their emblom....i guess lancashire won.:D
Christ,if most people can pay off over half of there mortgage in that time i doubt they will need that much for 3 years of drinking !Quote:
No income - no loan - so I take it that you would leave education at 18 - go get a job, save up for 15 years until you have enough money to go to Uni at the age of 33.......
That is true,and some of the older loans that were linked to base rate are currently (due to the record low interest rates) shrinking without the person paying any of them off !Quote:
The loan interest is linked to the bank base rate - so if it goes up and down, so does the interest on the loan
.....but of course these loans are not generous are they :eek:
I would like to see students save/work for 2 years then go to university.All out and done by 23.
Yep great isn't it !Quote:
I only ask because my fella's ex went to uni for 4 years, racked up lots of debt (lots of which WE are now paying off ) and rather than use her degree, she has turned into a baby making machine. (5 kids ).