Well thanks Osborne you miserable F....r! Now I have to persuade my grandson to go to Uni.

sassy wrote:This morning my grandson got the news that he has been accepted to his Uni of choice.  His Mum doesn't earn a lot and his Dad stopped paying maintenance for him the second he hit his 19th birthday (he's a year behind due to illness).  Because my daughter is on a low income he was due to get a maintenance grant while at Uni and the loan to cover his tuition fees.  Osborne has just announced that the maintenance grant is to be abolished next year and turned into a loan.   The tuition fees are £8,000 a year, so he was already looking to pay back £24,000 for a 3 year course.  The maintenance grant he will get this year is £8,000, but next year and the year after will be turned into a loan and will therefore add a debt of £16,000 to the £24,000 so he is looking to start his working life with a debt of £40,000 !!!!!!!!!!

His Mum and I say go, it will give you better prospects, he says, what the hell is the use of the prospects if I owe all that money?   I see his point.

I can't repeat what I would like to do to that smirking, self indulgent, coke addled bastard called Osborne.

My grandson must be one of many, many kids who will probably decide not to go to uni now.  

We sink lower every bloody year.

sassy wrote:From what I can gather they will be added together and treated the same Les.

sassy wrote:Actually it's £17,500 now, although you only pay a bit at that salary.

http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678490&_dad=portal&_schema=PORTAL

I honestly don't think that is the main problem, it's simply the thought of having that amount of debt when you don't know what is going to happen in your life.  

eddie wrote:I'm sure you'll all find a way sassy, it would be a real shame for him to put out his fire before it's even started.

Btw, coke-addled Osborne? Tell me more!

Eilzel wrote:

sassy wrote:Actually it's £17,500 now, although you only pay a bit at that salary.

http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678490&_dad=portal&_schema=PORTAL

I honestly don't think that is the main problem, it's simply the thought of having that amount of debt when you don't know what is going to happen in your life.  

But in the worst case, you are out of work or whatever, you wont have to pay.

When did it drop to £17,500?

sassy wrote:Actually it's £17,500 now, although you only pay a bit at that salary.

http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678490&_dad=portal&_schema=PORTAL

I honestly don't think that is the main problem, it's simply the thought of having that amount of debt when you don't know what is going to happen in your life.  

eddie wrote:Hahahahahahahahahahilarious!

And he's allowed to sit in our House of Parliament and make decisions???

Fuck me.

eddie wrote:Hahahahahahahahahahilarious!

And he's allowed to sit in our House of Parliament and make decisions???

Fuck me.

Eilzel wrote:

sassy wrote:Actually it's £17,500 now, although you only pay a bit at that salary.

http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678490&_dad=portal&_schema=PORTAL

I honestly don't think that is the main problem, it's simply the thought of having that amount of debt when you don't know what is going to happen in your life.  

Yeah the thought is scary but only on the surface, a quick check shows how one needn't be scared at all.

At £17,500 (based on your link) you repay £1 a month. Nothing really.

Even at £21,000 the repayment is easily manageable.

Just make sure he is aware of this and he'll see sense

sassy wrote:

Eilzel wrote:

Yeah the thought is scary but only on the surface, a quick check shows how one needn't be scared at all.

At £17,500 (based on your link) you repay £1 a month. Nothing really.

Even at £21,000 the repayment is easily manageable.

Just make sure he is aware of this and he'll see sense

Daughter has been waving it under his nose lol.  Keeping my fingers crossed.  Ta all.

sassy wrote:

Eilzel wrote:

sassy wrote:Actually it's £17,500 now, although you only pay a bit at that salary.

http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678490&_dad=portal&_schema=PORTAL

I honestly don't think that is the main problem, it's simply the thought of having that amount of debt when you don't know what is going to happen in your life.  

Yeah the thought is scary but only on the surface, a quick check shows how one needn't be scared at all.

At £17,500 (based on your link) you repay £1 a month. Nothing really.

Even at £21,000 the repayment is easily manageable.

Just make sure he is aware of this and he'll see sense

Daughter has been waving it under his nose lol.  Keeping my fingers crossed.  Ta all.