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Students 'graduating with £20,000 debts'
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forquare1
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:36 pm Posts: 5158 Location: /dev/tty0
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My debt will be around £8600 in tuition fees, plus £7500 for my student loan.
I came to university looking to better my knowledge and understanding to get a job at the end of it. Now I realise that while I may have the skills and understanding for work, all my qualification tells anyone is how good I am at academia.
I hope when I go out into industry, employers will see how good I am at a job, and not how terrible I am at academia.
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Thu Mar 18, 2010 1:33 pm |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am Posts: 12700 Location: The Right Side of the Pennines (metaphorically & geographically)
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I was very lucky. I got in the last year before fees. I came out with £1k overdraft and £1.5k loan. I then got a job offshore by teh October and was working massive overtime so I didn't have any chance to spend the money. I paid off my debts in no time.
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Thu Mar 18, 2010 3:53 pm |
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finlay666
Spends far too much time on here
Joined: Thu Apr 23, 2009 9:40 pm Posts: 4876 Location: Newcastle
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+ a lot in interest 
_________________TwitterCharlie Brooker: Macs are glorified Fisher-Price activity centres for adults; computers for scaredy cats too nervous to learn how proper computers work; computers for people who earnestly believe in feng shui.
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Thu Mar 18, 2010 4:58 pm |
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EddArmitage
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 9:40 pm Posts: 5288 Location: ln -s /London ~
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The interest is only inflation, though, non? At the moment it's 0% for new-style (post 1998) SLC loans.
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Thu Mar 18, 2010 5:02 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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When really, following their own rules, it should be in negative. Something tells me they won't arbtrarily halt the interest increases should the rate of inflation spiral the other way.
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Thu Mar 18, 2010 5:07 pm |
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EddArmitage
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 9:40 pm Posts: 5288 Location: ln -s /London ~
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I know not relevant, but it is -0.4% for pre-1998 Mortgage-style loans.
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Thu Mar 18, 2010 5:08 pm |
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finlay666
Spends far too much time on here
Joined: Thu Apr 23, 2009 9:40 pm Posts: 4876 Location: Newcastle
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inflation +1% IIRC still works out around £100 a month or something from memory
_________________TwitterCharlie Brooker: Macs are glorified Fisher-Price activity centres for adults; computers for scaredy cats too nervous to learn how proper computers work; computers for people who earnestly believe in feng shui.
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Thu Mar 18, 2010 11:13 pm |
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