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19 Feb 18
16:58
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Date Joined:
02 Mar 08
£50k at 6%
how much will a graduate pay if they earn £25k a year, ( index linked) over a 50 year working life?
( guessing pension age will be up to 72 for these guys)
might need a maffs degree to work it out!
how much will a graduate pay if they earn £25k a year, ( index linked) over a 50 year working life?
( guessing pension age will be up to 72 for these guys)
might need a maffs degree to work it out!
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students repay 9% of income over £1,750 a month so
earn £3,750 a month you pay £180 a month off loan
but interest is £250 a month, so you are increasing debt by £70 a month
and thats earning £45k a year
how many of these loans are likely to be repaid, or even held at level built
up at uni?
seems bizarre
earn £3,750 a month you pay £180 a month off loan
but interest is £250 a month, so you are increasing debt by £70 a month
and thats earning £45k a year
how many of these loans are likely to be repaid, or even held at level built
up at uni?
seems bizarre
I believe they're written off after 30 years donny.
must be a fair whack going to be written off in 30 years time
at those interest rates i dont see much capital repayment
at those interest rates i dont see much capital repayment
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