Student loan re-payment
- Thread starter Guest2
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Deleted member 66701
Deleted member 66701
Union work always went my way
How was it funded before tuition fees were introduced?
The loan will also be removed from the amount of mortgage available to you though, and will affect your interest rates on the mortgage. Lenders don't like people with debt.
They're doing so in NZ now.
Someone was arrested at the airport last week and banged up for 7 hours until he made a 5k payment towards his debt.
Then some clueless liberal 'gimme everything for free' 20 something airhead sounded off how it would 'scare' Kiwis that hasn't paid their debt to come home lest they also be arrested at the airport. Not once did anyone of the National Student Union she represent saw it from the taxpayers point of view.
In their warped world it's perfectly normal to take from the government and give nothing back.
Glad they're being arrested now.
Soldato
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- 13 Jan 2004
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Really!?
SOLD!
Hmmm so if I never overpay and never earn more than £21k a year I never have to pay it back?
That can't be right surely....
Bah tuition fee loans are only applicable if you don’t already have a degree!I fancy some of that in all fairness! I always wanted to study in a field outside of computing. I mean I've paid enough in to the pot haven't I?
Boo sucks, down to the mature retiree spongers!
Union work always went my way
How was it funded before tuition fees were introduced?
None of my Student Loan paid for Tuition Fees?
No it isn't. It affects affordability calculations only.
Really!?
SOLD!
Hmmm so if I never overpay and never earn more than £21k a year I never have to pay it back?
That can't be right surely....
That's right. But if you go to Uni and get a degree and even after 25 years arent earning more than £21k you've wasted your degree anyway.
I expect every job out there that has "requires a degree" in its description pays more than £21k. You'd actually have to try pretty hard to spend your life under £21k.
Agree. If you earn 21k or under for 25 years you can't be having much of a life.
As soon as I started earning >16k it was automatically deducted from my wage each month, only a very small abount like £6 - £10 but still, it was being paid off (and not even covering the interest)
The first year the interest was 4.5% too when I was travelling for 10 months
As soon as I started earning >16k it was automatically deducted from my wage each month, only a very small abount like £6 - £10 but still, it was being paid off (and not even covering the interest)
The first year the interest was 4.5% too when I was travelling for 10 months
Out of interest do you earn over £35k?
If not then you're the "scrounger" and you won't be paying for him.
Its where you (actually your household) become a net contributor to the economy, rather than a net receiver.
So basically if you earn less than £35k then you get more in benefits than you pay in taxes, which is the majority of households in the UK.
http://www.telegraph.co.uk/finance/...he-state-in-tax-and-how-much-we-get-back.html
Obviously its a very generic/broad brush approach but then so was his comment in the first place.
So basically if you earn less than £35k then you get more in benefits than you pay in taxes, which is the majority of households in the UK.
http://www.telegraph.co.uk/finance/...he-state-in-tax-and-how-much-we-get-back.html
Obviously its a very generic/broad brush approach but then so was his comment in the first place.
Soldato
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- 13 Jul 2004
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- Stanley Hotel, Colorado
Not all money is spent is by choices people agree with, a lot of government money and so taxes are wasted. He could be paid far less then he is worth also and might be some instrumental UK exporter force multiplier business guru god for all we know! Thats like when people say the Queen costs but probably she earns more in tourism for the UK then any literal cost
Thats like when people say the Queen costs but probably she earns more in tourism for the UK then any literal costIs this because over £31,786 you get stung with 40% tax? In my opinion its a joke, work hard to get a good education then job, then pay 40% or 45% tax. Most of which goes on welfare - basically paying for scrotes that can't be arsed to learn and/or work. The past 6 months I have worked my sack off doing overtime and out of hours work, only for almost half of it to be taken off me. Backwards
To a small extent maybe. It's more about how much you get in benefit (such as average NHS/School/police costs, not just JSA/Welfare/housing) vs how much you actually pay in tax overall.
It explains it fairly comprehensively in the article. I take from the article that essentially it costs around £35k per household to run the UK in its current form. If you earn more, and put in more tax, you are "subsidising" people who don't earn as much.
It explains it fairly comprehensively in the article. I take from the article that essentially it costs around £35k per household to run the UK in its current form. If you earn more, and put in more tax, you are "subsidising" people who don't earn as much.
Personal allowance tho!!
