The peasants (students) are revolting

[BDG]

(21 November 2012, 23:23)Metroyeti Wrote: Im hoping to go to uni next year. Northumbrias stopped doing the coarse I want to do,next nearist is teeside,after that its birmingham and liverpool. after the coarse I will be a minimum of 18k debt, thats without relocating, renting and other expensis. Its a lot of money

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To owe, but its worth it for the training I will get.

What pisses me off with students is the ones who buy£ 300shoes and other crap like that. If I get into uni its going to be a struggle, and I wont have daddies credit card or be able to drink pimms with all the rahs at the cricket club

You only start paying the money back after you are earning £15795. You pay 9% on anything over this you are earning, so if you earning £2500 a month, you pay £106 of that back as student loan. To put it into perspective, I am still paying back a student loan. I payout double each month on what I put into my pension than what I pay in student loan repayments.

Now, you have a choice. You can choose to not go to university, not get into debt and so not have to pay it back. You then give up any advantage in wage that study at university may provide for you, or you can go to university on the chance your earnings potential will be higher.

On top of that, your student loan repayments are deducted through the tax system. You never get the money, so you do not miss it. Is it not better that you pay for something, rather than rely on society to pay for it for you?

Why compare what you are going to be doing in your spare time to what someone else is going to be doing? It is pointless envy.