coagulantwolf
New member
- Jun 21, 2012
- 716
Have to disagree with you there, the student loan is basically a tax on your earnings over a certain amount for 30 years. Those on the current fee structure pay nothing if they earn under 25k and pay a small percentage on anything over that. If you don’t land a good job after uni, jobs a gooden, you don’t have to pay a penny back.
This - I graduated almost 4 years ago and consider it worth it (although my payment threshold is lower and monthly repayments higher than those with the larger debt ironically). I wouldn't have got the job I have now without it, and even paying the "graduate tax" I believe I can earn more and progress quicker thanks to university. It's definitely not for everyone, but I think done correctly for the right reasons is a great thing!