Author Topic: Student Loan Repayments  (Read 3741 times)

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  • Offline Clock'd 0Ne

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Student Loan Repayments
on: August 22, 2015, 01:04:20 AM
We're all getting older now, so who's still paying for theirs?

I wasn't at uni for very long but I' had only been paying mine off for the past year or so, had a sneaking suspicion I must have paid it off by now so phoned them up to check, it turns out they owed me a refund in fact, so I will be a little better off each month anyway now. I'd say its worth checking if you think you might be close to finishing your repayment.

Re: Student Loan Repayments
Reply #1 on: August 22, 2015, 09:45:07 AM
I've over paid mine too by quite a significant amount! It's also worth checking their records against your pay slip as I know some people have been secretly shafted...

  • Offline Dave

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Re: Student Loan Repayments
Reply #2 on: August 24, 2015, 16:50:37 PM
paid mine off a few years ago and also ended up overpaying a bit - tis a slight faff, seems they don't have complete access to your tax records etc.. or the ability to promptly stop the repayments

  • Offline Pete

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Re: Student Loan Repayments
Reply #3 on: August 25, 2015, 22:08:31 PM
I somehow still owe loads on mine, I reckon it'll take another 8yrs for me to pay off because they only started taking money off me a few years back :o

I know sh*ts bad right now with all that starving bullsh*t and the dust storms and we are running out of french fries and burrito coverings.

  • Offline matt5cott

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Re: Student Loan Repayments
Reply #4 on: September 01, 2015, 09:17:44 AM
You guys got of lightly, I feel sorry for the young nowadays as they're getting the real thick end of this ponzi scheme  :(

  • Offline Dave

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Re: Student Loan Repayments
Reply #5 on: September 01, 2015, 23:18:09 PM
that's the problem with wanting so many people to do degrees....

when I was flat sharing in London one of the girls I shared with was at a ballet school... which apparently also resulted in a degree - just seemed really strange - she wants to train in ballet though these days the course is turned into a 'degree' and so she had to take a few token lectures and exams too... in the past I'm sure they'd have just trained in ballet but these days training for nearly everything seems to have been packaged into a course exactly 3 years long resulting in a 'bachelors' in something. I'm assuming packaging the course as a 'degree' allowed the school to charge the (at the time) 3k fees and get govt funding instead of asking students to cough up  10k or so per year to cover actual costs had it not been a 'degree'.

most jobs outside of medcine and certain areas of engineering technically don't even require a degree anyway - tis still possible to train as an accountant, actuary etc.. without a degree - there is even a route to become a solicitor without a degree

  • Offline Serious

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Re: Student Loan Repayments
Reply #6 on: September 04, 2015, 14:55:42 PM
They hoped that if they put more people through degrees jobs would magically appear suitable for every one of them that passed. Strangely it didn't happen and now Britain is over trained and some employers are asking for degrees for work that doesn't require that level of training.

As for things like ballet it's probably better to get involved while young. It isn't impossible to get in later but catching up will be difficult.

Fir a great many courses the chances of getting a suitable job are low or non existant

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Re: Student Loan Repayments
Reply #7 on: September 04, 2015, 20:34:48 PM
No one magically hoped that, they knew everyone could be swindled and then subsequently accept their lot and work at Maccy D's in the vein hope the right job would be handed to them on a plate at some point.

  • Offline Dave

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Re: Student Loan Repayments
Reply #8 on: September 17, 2015, 13:50:49 PM
As for things like ballet it's probably better to get involved while young. It isn't impossible to get in later but catching up will be difficult.

this wasn't some place where people turned up aged 18 wanting to start learning... it was a traditional dance school, the students had trained for years before coming there at 18.... only these days they get a 'degree' as part of it

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Re: Student Loan Repayments
Reply #9 on: September 17, 2015, 20:04:18 PM
Back on point, I got my refund via BACS and no more payments so I'm a little bit better off each month now :nana:

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