Omega Owners Forum - Student Loan Interest rate

platty

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Student Loan Interest rate
20. May 2009 at 14:18

[big rant]

http://www.moneysavingexpert.com/loans/news/2009/05/government-fails-to-honour-s...

The bleeding Gov't are at it again! Student Loans are supposed to track RPI interest rates so that they have effectively no cost, but they have decided that all post '98 loans should not have a rate set.

In other words we should be seeing the loans diminish as the price of everything else does - but no we are getting shafted instead.

[/big rant]

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STMO123 Ex Member Gender:	Re: Student Loan Interest rate Reply #1 - 20. May 2009 at 16:39 Student loans should be interest free. But, I'm afraid, there are that many 'students' these days, some taking totally useless and impractical courses, that it would end up costing a fortune when they couldn't pay it back.
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tunnie Over Active Poster Offline Posts: 22520 London, W3 Gender: Drives: 2.2 CD (LPG'd) & BMW R1200 GS	Re: Student Loan Interest rate Reply #2 - 20. May 2009 at 18:34 bloody gits! I have a student loan (10k) and slowly paying it back via my pay. I took a wide course, I did everything from study art to java programming. it was a good base I never thought I would work for a mobile content company.
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tunnie Over Active Poster Offline Posts: 22520 London, W3 Gender: Drives: 2.2 CD (LPG'd) & BMW R1200 GS	Re: Student Loan Interest rate Reply #3 - 20. May 2009 at 18:38 you do have to put the effort in, I did with my placement, got that. those who did not do a work placement and rubbish final year projects never got a propper job. I put the effort in, and I earn 35 to 40k, considering I am 24 that aint half bad!
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platty

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Cambridge
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Drives: '02 BMW 530d Sport

Re: Student Loan Interest rate
Reply #4 - 23. May 2009 at 19:11

tunnie wrote on 20. May 2009 at 18:38:

you do have to put the effort in, I did with my placement, got that. those who did not do a work placement and rubbish final year projects never got a propper job. I put the effort in, and I earn 35 to 40k, considering I am 24 that aint half bad!

I am in a very similar situation Tunnie, bit more SL and bit less pay - but I am using my degree and paying the dosh back each month. This just feels like a bit of a kick in the balls tbh Embarrassed

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tunnie

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Re: Student Loan Interest rate
Reply #5 - 23. May 2009 at 19:18

platty wrote on 23. May 2009 at 19:11:

tunnie wrote on 20. May 2009 at 18:38:

you do have to put the effort in, I did with my placement, got that. those who did not do a work placement and rubbish final year projects never got a propper job. I put the effort in, and I earn 35 to 40k, considering I am 24 that aint half bad!

I am in a very similar situation Tunnie, bit more SL and bit less pay - but I am using my degree and paying the dosh back each month. This just feels like a bit of a kick in the balls tbh Embarrassed

There is no doubt going to uni was worth it, no way would i have got my job without doing my final year project!

I don't really class the student loan as debt, it does not affect my credit rating, just a shame it does not follow inflation as it should Angry

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Tonybazza Newbie Offline Posts: 33 Lapford Devon Drives: my wife mad lol	Re: Student Loan Interest rate Reply #6 - 23. May 2009 at 19:44 Hi tunnie any chance of a loan ?? lol i am 40 worked all my life was getting 30k plus. Got stabbed now i get £79 aweek sick lol i only need £50 to get my car fixed whats your rates?? lol lol
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tunnie Over Active Poster Offline Posts: 22520 London, W3 Gender: Drives: 2.2 CD (LPG'd) & BMW R1200 GS	Re: Student Loan Interest rate Reply #7 - 23. May 2009 at 19:52 Tonybazza wrote on 23. May 2009 at 19:44: Hi tunnie any chance of a loan ?? lol i am 40 worked all my life was getting 30k plus. Got stabbed now i get £79 aweek sick lol i only need £50 to get my car fixed whats your rates?? lol lol Be Happy to help but Devon is a bit too far away!
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Tonybazza Newbie Offline Posts: 33 Lapford Devon Drives: my wife mad lol	Re: Student Loan Interest rate Reply #8 - 23. May 2009 at 20:03 lol ok i will have to raid my piggy bank can you get a student loan at 40 ?? my bank wants 27% as i am a high risk
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tunnie Over Active Poster Offline Posts: 22520 London, W3 Gender: Drives: 2.2 CD (LPG'd) & BMW R1200 GS	Re: Student Loan Interest rate Reply #9 - 23. May 2009 at 20:05 Tonybazza wrote on 23. May 2009 at 20:03: lol ok i will have to raid my piggy bank can you get a student loan at 40 ?? my bank wants 27% as i am a high risk
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