Student Loan vs. Personal Finance?

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ACherry
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I'm in a position where I could entirely self-finance my three year undergraduate degree in London (starting in September 2020), without taking out a loan.

What would be the benefits of taking out a government loan to pay for my tuition and maintenance fees, over paying for it myself?

Thanks.
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999tigger
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(Original post by ACherry)
I'm in a position where I could entirely self-finance my three year undergraduate degree in London (starting in September 2020), without taking out a loan.

What would be the benefits of taking out a government loan to pay for my tuition and maintenance fees, over paying for it myself?

Thanks.
Depends what career and uni you are going to. If you are going to get a very well paid job it might be worth it to get in and out but for the vast majority of students they never pay it all off, so better to use loans.
All depends how much savings you have,
Student debt is better viewed as quasi debt with similarities of a tax.
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