Uni question: how much was/is your student loan?


#1

Felt very old just now when I noted mine was 11k and a guy working here who’s 25 said his was 55k (hi CG).

How much was/is yours?

On balance do you think university was worth it considering the costs involved?


#2

please not this again you’ll make me cry


#3

it def feels as though it’s just a thing that you’re expected to live with forever now as opposed to ever think about paying it off right?


#4

Defo. Just comes out of your wage before it hits your bank account. Best to pretend it’s not happening.


#5

yep unless you earn just under double the national average salary, you won’t be able to pay it off.


#6

University is not worth it for, I’m going to say 85% of the students that attend


#7

just this surreal bonus tax.

i was thinking a lot about how hard it’s going to be for the govt to get money back from EU students who have a loan through the UK SLC. like what are they going to do? demand extradition for not paying?


#8

£5k


#9

the idea of having 55k in student debt fully blows my mind. like Neo throwing up in the Matrix


#10

like i have anxiety right now imagining it


#11

kind of meaningless though isn’t it?


#12

Was: about 19k
Is: absolutely no idea


#13

insofar as it’s something you’re just forced to accept and pay off forever, i guess so.


#14

I mean I’ll never earn enough to start paying it off. That alone is a luxury


#15

i think it doesn’t feel particularly outrageous as a concept until you look at, say, france:

" Tuition fees in state universities are among the lowest in Europe. The basic fee for a first-level degree is only 188 € a year, but most universities add significant administrative charges onto that. However the final bill is still relatively inexpensive. Basic fees for second-level degrees are 259 € a year and for third-level degrees they are 393 €. Specialized first-level degrees cost more. So an engineering degrees cost 611 € and medical degrees vary but average 542 € a year.

Health Insurance costs of a little more than 200 € are usually added to the basic fee.

The Grandes écoles have much higher fees. The range is 5.000 – 10.000 € a year, increasing to 15.000 € for engineering schools."


#16

Was: £18k or so after graduating in 2007

Is: £0. Paid it off last month \o/


#17

I was at uni for 3 1/2 weeks, took out a loan of 1000 pounds quid. Haven’t paid back a penny and do not wish to know how much interest I need to pay.

Chuck all their letters in the bin, unopened- that’s fine right?


#18

£18k ish I think?


#19

ideally you should be sending them back with ‘i’m dead now’ written on the front


#20

probably a complicated thing though isn’t it?

I mean can’t you just think of it as like a tax? If you don’t start paying it back until a certain threshold and then it’s a percentage then it’s basically a tax right?