So I owe this much money from studying my degree in the UK, the interests keep piling up and I owe 10k more than I did when I finished studying.
Since I no longer live there and have no plans to move back or even visit, with Brexit taking place my question is can I just refuse to pay it back? What are the legal grounds or means they have to force me to pay?
I was born in an EU country, is anyone here in the same boat?
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Ehhh I dunno.
How about 3 dahllas?
I fought it wuz freee educathoms in bRitian
The amount people generally pay back is pathetic (if you're a UK citizen). You can earn £20k+ (last time I looked) before they start taking anything and then it's only like £8 a week.
Whoopdie shit.
I think you are good, just never enter the UK again.
Hi sir,
I think you don't need to pay until you not earn more than £xxx pa in UK or something like that..
So if you won't come back ever you should be fine.
The earliest you’ll start repaying is either:
the April after you leave your course
the April 4 years after the course started, if you’re studying part-time
Your repayments automatically stop if either:
you stop working
your income goes below the threshold
If you have a Plan 1 student loan
You’ll only repay when your income is over £372 a week or £1,615 a month (before tax and other deductions).
If you have a Plan 2 student loan
You’ll only repay when your income is over £511 a week or £2,214 a month (before tax and other deductions).
But why not read some more details here:
gov.uk
Due to the limitation act, if you avoid pursuance for 6 years, the credit will expire
Your NI number, if you were issued one, will still be traceable though, but people have historically just applied for a new one upon reentry to the UK after these 6 years
Literally no one talks or thinks like this
I'm in a kind of similar situation. I'm a UK citizen working abroad. I've just been ignoring their letters and I don't even know how much I'm supposed to be repaying. Thing is, I do want to go back one day. I only have less than 10k, though, so I should just pay it off and stop worrying. Not sure what other ways I might be screwing myself over (credit rating?) by being an irresponsible anxious faggot about this.
yep I was just reading this
Have you heard about baseprotocol.org?
Read about their cooperation with Uniswap, seems legit. Please, tell what you think about passive income options and staking services.
And imagine putting this money to ETH and BTC instead of wasted years on your UNI course..
Student loans don't affect credit rating
So... nothing? Yeah? I am EU Citizen, living abroad (not even EU), should I take some credit before leaving?
Never has been, retard.
Thank god for that. I'll probably just continue ignoring it until I've made enough money from crypto that I can pay it off without a thought.
I don't blame you at all. University fees should never have been this high in the first place, and Labour should never have pushed the idea of university to the masses.
also, isn't the interest on student loans ridiculously low?? Why would you pay that if you can deposit your savings in aave or something and earn more than your loan is accumulating
You don't get to see a large chunk of that. £28k of it will be paid straight to unis.
N
Two main things:
1. even if you are paying it back, the amount taken from your monthly paycheque is pathetically tiny. Last month just £12 was taken for my student loan, and in today's paycheque it didn't take anything. I earn above average salary in the UK
2. After a certain amount of time - I think its 25 years or so, the student debt is written off anyway
In retrospect I don't know why I was so hot and bothered about tuition fees 10+ years ago, it's literally nothing.
t. started uni after the coalition government raised the fees
Man this is ridiculous. Why is the UK so cucked? This is literally theft
I totally agree, and the stupid thing is that I'm from Scotland and I could have gone to uni for free but I still took the more prestigious English option because of parent/school pressure. I think it's daft to get people to make such huge decisions about their future at 17/18, especially since these days people at that age are essentially still children. It never occurred to me that there might have been another option other than going to university - and getting a loan - because at the time every authority figure in my life was talking about it like it was as inevitable and essential as day following night.
I still would have gone to uni no matter what, because I value academia and I always knew that was a likely career direction for me, but it's been totally devalued and turned into a rite of passage. It makes me really sad seeing how universities have turned into profit mills. I don't believe it's elitist to say only 10-15% of the population should even be considering university education.
>I totally agree, and the stupid thing is that I'm from Scotland and I could have gone to uni for free but I still took the more prestigious English option because of parent/school pressure
You are a dumb idiot then and you should be paying your debts you leech. You borrowed money and now you don't want to pay it back? Scum.
I studied in Scotland for free and have a better job than you. The name of the University means nothing
Just to add - I've been in and associated with academia for a long time, non-consecutively. I've been exposed to the underbelly of people holding senior positions and graduates who return to colleges / halls, and there is some quite shocking corruption that you will never read or hear about. Not just on the financial level, but direct preying on and exploitation of students in some cases. In these cases, they are usually involved pastorally. Some of these cases involve graduates who return to and play an active part in hall / collegiate affairs because they can't detach themselves from the hedonistic university lifestyle that has been cultivated for decades now. I have such a poor opinion of universities nowadays that I really do despair of the thought of it.
Oh fuck off. I'm sure you had the world all figured out when you were 17 and were totally free from other influences.
The name of the university means a great deal in certain sectors btw, and I probably wouldn't have got the job I have now if I'd stayed at home. All I'm saying is that, looking back, I realise I didn't have a lot of information or alternative viewpoints to make my choices, and I think that's something that should be improved about the education system.
Burgers have been told by progressives for a while that there's this magical country called "Europe" where all tuition is free, all healthcare is free and is the highest quality, poverty and the 1% doesn't exist because everyone is middle class, everyone can get an abortion at a drop of a hat (including men, because men can have utereuses too), they have criminals talk about their feelings in group sessions and they're instantly cured, and racism doesn't exist.
And because most burgers will never travel to Europe the continent, even the right wingers fall for it.
Don't listen to the trolls fren, I agree with everything you've said - ausfag watching his tertiary system slide down the drain.
>graduates who return to and play an active part in hall / collegiate affairs because they can't detach themselves from the hedonistic university lifestyle that has been cultivated for decades now
I've known a lot of people who have stayed in university for years and have never had any other professional experience, and I think this is part of it. But more than hedonism, I think they're just so comfy in that kind of coddled atmosphere that they can't go out into the real world. I've been in and out of academia for a few years too, but I always found that campus environment a bit suffocating and I itched to get out of it, but many of my peers did one degree after another just because it was the easy option.
Just because you were a retard at 17 waiting for other people to tell you what to do doesn't mean that other people were/are
Scotland*