Huzzah!

[andrewducker]

In 1990 I went to university - part of the first year to have student loans rather than full grants.

I just got the letter from the student loan company telling me the last of them has been paid off.

Slowly I rid myself of all my debts...

Comments

[missedith01.livejournal.com]

I went in 1986, on a full grant. But I marched. Sorry. :-(

[tigrrgrr.livejournal.com]

::applause::

[derumi.livejournal.com]

Congratulations!

[rainstorm.livejournal.com]

*sigh*


My brother was the last year that got any grant at all, and that wasn't a huge amount but it helped him a lot.


I currently have three full year loans over my head and the prospect of another three. That's going to take me the rest of my life to pay off, I imagine.

[fire-sermon.livejournal.com]

I spent my 1990 student loan on an Amiga - complete with an external hard drive and a memory upgrade no less.

It's now worth about a tenner, but I still owe the students loan people more than enough money to buy a really nice laptop....

I have to admit I'm working on the basis that unless my earnings substantially increase I won't have to pay it off, as at the present rate of increase of the gross amount you can earn I've still got quite a way to go before they'll catch up with me.

I also believe the life time of the loan is 25 years, or age 50 - whichever comes first. That should mean I've only 14 years left to go...

[laserboy.livejournal.com]

Got rid of my stinking student loans a few months back. (One of the few benefits of my current living arrangements).

If full funding/ grants was brought back by whomever gets in after May 5th, I'd probably go back to university...

[tisme.livejournal.com]

Well done hon, I know that that was bothering you for a while.
xx

[azalemeth.livejournal.com]

15 years to pay it off?


I wanted to do an MA....

[channelpenguin.livejournal.com]

Well, congratulations. But the miser in me says "what took you so long?" Heh, well that'll maybe be your middle-class type upbringing or something - I recall being utterly shocked to discover that there were whole rafts of people who didn't even *think* about paying a bill before it came in red - whilst earning twice what my family did.

[code-delphi.livejournal.com]

I started Uni in 1990, too... and that was the first or second year in which "HECS" (Higher Education Contribution Scheme) had been introduced. For the first time in decades, a Uni education was no longer free, with the idea being that we would have to pay off a portion of the expense once we started working. It was all integrated into the tax system, rather than being a separate loan setup.

Curious about the timing: Britain and Australia both abandoned free higher education at about the same time. Presumably coincidental?

Congratulations on clearing the debt, BTW; it is a wonderful feeling to be free of yet another obligation to a financial institution... and the interest repayments.

[neriedes.livejournal.com]

*envy* it feels good doesn't it.
How are you anyway not spoken to you on msn for aaages