The Student Room Group

changes to student loan repayment

http://wire.novaramedia.com/2015/10/a-few-reasons-why-changes-to-student-loan-repayments-could-decimate-your-income/

'Of course, those who pay off quicker under this system will accumulate less interest and pay back a lot less in total. By doing this, the government is effecting a retrospective price hike on education and meting out the sharp end on those with lower incomes. To put it bluntly: the rich and high earners are paying less for education than those on an average wage.'
Original post by Josh_Dickson
http://wire.novaramedia.com/2015/10/a-few-reasons-why-changes-to-student-loan-repayments-could-decimate-your-income/

'Of course, those who pay off quicker under this system will accumulate less interest and pay back a lot less in total. By doing this, the government is effecting a retrospective price hike on education and meting out the sharp end on those with lower incomes. To put it bluntly: the rich and high earners are paying less for education than those on an average wage.'


LOL I love when people say 'but the student loan doesnt affect your income at all, stop complaining its a small amount' what they seem to forget is that they can make any changes to repayment anytime
Original post by driftawaay
LOL I love when people say 'but the student loan doesnt affect your income at all, stop complaining its a small amount' what they seem to forget is that they can make any changes to repayment anytime


indeed...

Quick Reply

Related discussions

Latest

Trending

Trending

Articles for you