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    [Help] Student loans

    I have just been looking into this further. despite me being in full time employment since the day I graduated in 2016, my student loan has actually increased by 10% due to the interest being added to my balance. In the last tax year the interest added was more than I paid in 5 of the 12...
  2. S

    [Help] Student loans

    I would say I earn a decent wage, but nothing spectacular. I have just checked my latest statement from SLC. In the 22/23 tax year I repaid £1400 but £1200 interest was added, so my loan amount only decreased by £200 for the year. I graduated 8 years ago this year and at a net payment of £200...
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    [Help] Student loans

    It is Scheme 2 loans that get written off after 30 years. Scheme 2 are for people who started after 2012. Scheme 3 is for postgraduate degrees (Masters, PHD). I have no idea about scheme 4 and 5. You are scheme 1 pre 2005, so your write off date is when you turn 65. I am scheme 1 but post...
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    [Help] Student loans

    You will be on the Scheme 1 student loan. As you started before 2005 the loan get written off when you turn 65. After 2005 it get written off after 25 years from graduation...

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