If you are thinking of paying uni tuition with your own money, don't.

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Anonymous #1
#1
Report Thread starter 4 years ago
#1
So I graduated a few months ago and I paid my final year of uni from my own bank balance because I thought it would motive me even more to do as well as I possibly could. Overall I achieved a high 2:1, but I feel so stupid for paying that year with my own money rather than student finance.

So far my degree has been meaningless to employers. It makes me sick that I spent/wasted 9k on the final year of my course like it would actually mean something. I should have just used student finance.

If anyone out there is thinking of blowing thousands of pounds on their tuition just so that they won't have student debt, literally don't.

At least with a student debt you only pay back a % each month and only if you are earning a 21k+ salary. I'm on no salary and have essentially wasted 9k.

Like wtf was I thinking.
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Anonymous #2
#2
Report 4 years ago
#2
Was this money you saved up from a part time job?
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999tigger
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#3
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#3
Yes wtf were you thinking. Just goes to show the difference there is between academic intelligence and common sense.
Lol I cnat believe you would do soemthing like that when comapring the two options. Bit gobsmakced really, unless ofc you are already very wealthy...
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Anonymous #1
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(Original post by Anonymous)
Was this money you saved up from a part time job?
Yes I had a gap year before uni
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Anonymous #1
#5
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(Original post by 999tigger)
Yes wtf were you thinking. Just goes to show the difference there is between academic intelligence and common sense.
Lol I cnat believe you would do soemthing like that when comapring the two options. Bit gobsmakced really, unless ofc you are already very wealthy...
True tbh

Also, are you typing like an illiterate on purpose or?
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999tigger
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#6
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#6
(Original post by Anonymous)
True tbh

Also, are you typing like an illiterate on purpose or?
CBA and dont give a flying one either. Not me that made your decision.
No point beating yourself up about it now.
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Anonymous #2
#7
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(Original post by Anonymous)
Yes I had a gap year before uni
Damn that's quite a lot. What was the hourly pay like? Sorry of topic. I might try to take a gap year to pay of the loans but for religious reasonings.
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Reue
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#8
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#8
Never pay off your student loan early
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user382
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#9
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Well I suppose you should bear in mind the interest rate.

You will save yourself in the long run. Although it's suspected many graduates will never repay their debts.
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999tigger
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#10
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It just doesnt compute why anyone would do it? The £9-15k could have come in handy for other things. All depends on total savings.
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Kutie Karen
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#11
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did you not qualify for student finance ? Why did you use your hard earned cash. i would have spent it on me.

By the way what did you get your degree in?
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teenhorrorstory
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#12
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#12
OP got moneyyyyyy
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Soontobesuper
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#13
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#13
I think you made a better decision, to start paying off, it saves it hanging over you and the intreerest piles up so much its ridic

That said, maybe its more youre degreee choice than choosing to paythe 9k
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Reue
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#14
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(Original post by stefano865)
Well I suppose you should bear in mind the interest rate.

You will save yourself in the long run. Although it's suspected many graduates will never repay their debts.
Not true. You would be better off investing that money instead of paying off student loan.
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Klix88
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#15
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You got a 2:1 and are only four months into your job seeking. Don't see the need to be quite so hysterical - it can take a year or two to get the kind of job you might think you "deserve" after graduating. You need to develop a bit more stamina. Also, learning to live with poor decisions is a life skill which comes with maturity. You'll stuff up worse than this in the future, so nut up.
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