WORRIED ABOUT YOUR UK STUDENT LOAN!

Think about students in the US - they have to pay an average of $393 per month which is about £320 which is 20% of the average US household income. In the UK you only have to pay 9% of what you earn over £25,000 for Plan 2 (Sep 2012 onwards) which means you wouldn't have to pay £320 a month until you earned £67,000 a year at which point £320 would be around 6% of your income! Under Plan 1 (before Sep 2012) you would have to earn £60,000 a year before you would have to pay as much as Read more [...]