I'm really confused on the student loan repayment costs. I've used both the DirectGov (student loans repayment calculator) and others and the numbers reported are vastly different. Tuition fees of 9K+ Maint Loan of 3750, 3 years course, assumed starting salary £25K - with 37K amount borrowed:-
I get total £99K amount repaid, on DirectGov calculator
I get total £37K amount repaid on moneysavingexpert calculator
I have also checked the bbc calculator which provides another very different value !!
PLEASE ADVISE. - the official DirectGov calculator looks a scary value !!
Who do you think it is...