I can’t imagine what my life might have looked like without university - even with the begrudging student loan payments that keep on coming as the years since graduation tick by. New data obtained by the BBC this week has shown that nearly 1.8 million Britons owe at least £50 thousand on their student loan, with more than 60,000 owing over £100 thousand.
Students who began their tertiary studies from September 2012 onwards paying back 9% of all their earnings over £27,295, and students who began last year will end up paying 9% of all their earnings over £25,000. If you’re not earning enough yet you don’t need to worry, and if you are it usually comes out of your paycheck before you even see it - just like another tax, this one an investment into your future.
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