Aaaah. I was in the first wave of student loans, and I had to set up a direct debit to pay mine off, and get postponements when I was unemployed. It was a right pain.
Nah, you're fine, you're on the tax based loan, it was changed for academic year starting 1998 or 1999 (as in, I can't remember if I was 1st or 2nd year to benefit from the sensible change for my currently extant loan, my earlier loan for year starting 1993 was paid off on the way Andrew describes).
And yes, the current system is not described as a graduate tax because Labour promised no new taxes. So they created a system that works exactly like a graduate tax, and called it a loan.
At least you *managed* to get postponements. I'm in a weird situation with mine - they flat-out refused to believe that I was unemployed and kept 'losing' the paperwork, so I currently have two different sets of debt collectors chasing me, as they have been for seven years now, for 'defaulted' student loans I should never have had to pay, while I'm paying some of it out of my paycheque every month *as well*... at one point I had *FOUR* sets of debt collectors after me...
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I'll burn that bridge when I come to it, I guess. I'm not going to have a job for ages.
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And yes, the current system is not described as a graduate tax because Labour promised no new taxes. So they created a system that works exactly like a graduate tax, and called it a loan.
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