Quote:
Originally Posted by Vicky.
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
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That is great and he will find that a massive help and relief to him too Vicky.
To walk out of education and UNi with no real debts around your neck is a great thing.
The point is when this govt. raised the threshold too as to when the loans would have to be paid back, they didn't treble that like they did the tuition fees.
For someone just on the threshold, it will still be a burden around their necks and education shouldn't have to be that.
Really pleased for your Brother Vicky,however I myself think it is wrong Parents should even feel the need to do it,especially at the new trebled rate it is at now.