Quote:
Originally Posted by joeysteele
The reason students don't like them is because when you finish UNI once you get a job where the threshold of paying back the loans is reached, you have up to £27,000 at least of debt around your neck before you even start to live your life or even then go for a mortgage.
It is still a now, even moreso, a substantial debt you are left with for just learning.
A figure that will still be taken into account for other mortgage/credit applications too.
I was very fortunate, my Parents saw me through UNI, many others are no way that lucky.
It makes a massive difference when the figure was around only a third of that before 2010.
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Ah i didnt know it was taken into account for martgages and that
BIB...my parents are doing that for my brother. My dad paid the mortgage off early last year so that if my brother decides to go to uni, theycan remortgage the house to pay it outright