robmastaflex said:
Razada said:
robmastaflex said:
DoPo said:
SmashLovesTitanQuest said:
Dont the student loaning companies just say "Fuck it" after 7 years of trying to get their money and give up?
Something like that. If you haven't started paying in 7 years (I have to look up exactly how many, but 7 sounds correct) they quit, if you
have started paying it off but haven't finished in 25 years (I'm just going to trust
JoJo) they still quit.
It's not too bad and the loans aren't too big themselves.
Huh, didn't know about the 7 year thing (or whatever number of years if you're wrong). I just assumed it was 25 regardless.
Like other people here, I'm several thousand pounds in debt from student loans. They don't worry me too much though, the info I have on them makes them seems surprisingly lenient.
Is that stateside or on my side of the pond?
Cause in Britain...
Tis 50 years, not 25, and they never stop chasing you. The moment you earn more than 20,000 a year, they start to take payments off you amounting to 10% of income over 20,000 pounds. The easiest way to escape the debt, if it bothers you, is to leave britain. Although in honesty, due to rates of inflation, it is more like a "Graduate Tax" then anything else.
Just clearing that up, I am currently going through this entire process.
By 'your side of the pond' I'm assuming you mean the UK. If so, yes I'm on about your side of the pond. Clearly I wasn't paying attention when I was first told about student loans 4 years ago...
Either way it doesn't really bother me that much. I'd like to think I'll eventually pay it off, providing I finally manage to find a fucking job. Hopefully when I finish my degree I can get a job in the area I want though, as I haven't seen so many people sharing my career interests.
4 years ago we did not have a bunch of fuckwits in power. Ok, we did, but not fuckwits who think that education should only be for the rich. Everything changed when the student fees went nuclear.
How do you think I feel
My three year course will put me 27 grand in debt due to tuition fees alone (That is 42,834.25 USD for you Americans) and I intend to get a masters, upping that to 45 grand (71,390.42 USD). Add a PGCE to that and you are looking at 54 grand (85,668.50 USD). That is just tuition fees.
Now, according to UCAS and the finance people I have been talking to, living costs stand at roughly 7 grand a year. I live on the cheap though, lets call it five. BA = 15 grand (23,796.81 USD), MA = 10 grand (15,864.54 USD) PGCE = 5 grand (7,932.27 USD)
So!
The big numbers!
Getting the qualifications I want will cost me...
Upwards of 84,000 pounds.
Or 133,262.12 USD
And that is BEFORE I move on to my PhD. Although to be fair I could skip out on the PGCE, move strait to PhD and you get paid a small amount for the teaching you are doing... But still, PhD's take a while so that number, somewhere between 84,000 pounds and 100,000 pounds (133,262.12 USD - 158,645.38 USD).
Best bit?
My parents went to University for free. Actually, they both got PAID to go to Uni.
Gotta love modern education policies!