[Cherie]

Originally Posted by Vicky.

This is the thing, it really depends what job you want to do. Some require education, others experience.

talk them out of this, Martin Lewis did a money programme a out student debt about a year ago, and doing this is a big no no, if they get into trouble paying it off they could lose their house, and as you say your brother wont start paying it off until he starts earning 21k and the it goes up in stages plus it is written off after a certain amount of time so say for instance he couldn't work for some reason his debt would never need to be repaid, whereas if they pay for the fees the onus is on them

[Vicky.]

Originally Posted by Cherie

talk them out of this, Martin Lewis did a money programme a out student debt about a year ago, and doing this is a big no no, if they get into trouble paying it off they could lose their house, and as you say your brother wont start paying it off until he starts earning 21k and the it goes up in stages plus it is written off after a certain amount of time so say for instance he couldn't work for some reason his debt would never need to be repaid, whereas if they pay for the fees the onus is on them

They are adamant they dont want him to end up in mountains of debt :S

I think its quite stupid of them really, given he doesn't need to pay it back til he's earning a decent amount, and even then its pennies that he has to pay from his wages

[Cherie]

Originally Posted by Vicky.

They are adamant they dont want him to end up in mountains of debt :S

I think its quite stupid of them really, given he doesn't need to pay it back til he's earning a decent amount, and even then its pennies that he has to pay from his wages

Search for the programme online maybe

[Vicky.]

Originally Posted by Cherie

Search for the programme online maybe

They wont listen. Stubborn bastards they are My dad was paying double on his mortgage payments a few years back as they were planning on doing this so they wanted to get it completely paid off. I think they are just excited that they have one child thats interested in going to uni tbh, as me and my sister had no interest at all given how much we hated school

[Kizzy]

Originally Posted by Vicky.

They are adamant they dont want him to end up in mountains of debt :S

I think its quite stupid of them really, given he doesn't need to pay it back til he's earning a decent amount, and even then its pennies that he has to pay from his wages

I agree with cherie, get some breakdowns of how the debt is spread and show them. What about the grants that come with the loans if they are a low income family he might be entitled to those? He could put them in an ISA and pay a portion of the loan off with that maybe?

[Vicky.]

Originally Posted by Kizzy

I agree with cherie, get some breakdowns of how the debt is spread and show them. What about the grants that come with the loans if they are a low income family he might be entitled to those? He could put them in an ISA and pay a portion of the loan off with that maybe?

I dont think they would be classed as a low income family. My mums a nurse, my dad works and gets pension from the prison service too.

I already know its daft and have told them, but meh. Its their money

[Kizzy]

Originally Posted by Vicky.

I dont think they would be classed as a low income family. My mums a nurse, my dad works and gets pension from the prison service too.

I already know its daft and have told them, but meh. Its their money

I guess it is, he better not drop out then she'll kill him

[Vicky.]

Originally Posted by Kizzy

I guess it is, he better not drop out then she'll kill him

He's doing a gap year in africa first apparently, going in a few months He wants to help the ebola victims...I told him I will kill him myself if he brings that **** back here

[Marsh.]

Originally Posted by Vicky.

He's doing a gap year in africa first apparently, going in a few months He wants to help the ebola victims...I told him I will kill him myself if he brings that **** back here

[Kizzy]

Originally Posted by Vicky.

He's doing a gap year in africa first apparently, going in a few months He wants to help the ebola victims...I told him I will kill him myself if he brings that **** back here

What a guy! bet your ma is so proud, hopefully Labour will get in and bring the fees down to £6k as promised *crosses fingers*

[Crimson Dynamo]

Originally Posted by Vicky.

He's doing a gap year in africa first apparently, going in a few months He wants to help the ebola victims...I told him I will kill him myself if he brings that **** back here

jesus H when will people learn about this over hyped regional disease from sub saharan africa?

he has bought the missionary myth

[RichardG]

Originally Posted by Vicky.

I dont think they would be classed as a low income family. My mums a nurse, my dad works and gets pension from the prison service too.

I already know its daft and have told them, but meh. Its their money

It is a bit odd seeing as the loan repayment level is actually incredibly low.

If they insist on going ahead with it then they should put it towards living costs. I'm not from a low income household either so will only receive a loan of £5000 a year when I go, which isn't much when most student accomodation is well above £4000, leaving not much left to survive on if you don't get a job while your studying.