77% of graduates won't pay all of their student loan back before they die

[PurpleGorilla]

https://www.ifs.org.uk/publications/9334

[NorthWestPerm2Contr]

https://www.ifs.org.uk/publications/9334

Literally tax people to death....

My student loan was paid off last year finally but then they hit us with the divi tax.

[PurpleGorilla]

Literally tax people to death....

My student loan was paid off last year finally but then they hit us with the divi tax.

Spend your life in a series of easy monthly repayments, and get the remainder written off as a death bonus!

What have we become?

[Dylan]

77% of graduates have ******* pointless degrees?

If your degree doesn't enable you to earn enough to pay back the tuition fees then perhaps you shouldn't be doing that degree.

[BrilloPad]

I thought Student debt was written off at 50?

Are students now so fat their life expectancy is dropping?

[The_Equalizer]

It still doesn't stop vast numbers of students taking this route. Why hasn't the penny dropped for lots of them that their shiny new degree will not be worth the time and money 'invested'? You miss out on three years (minimum) of earning and experience too.

[BrilloPad]

It still doesn't stop vast numbers of students taking this route. Why hasn't the penny dropped for lots of them that their shiny new degree will not be worth the time and money 'invested'? You miss out on three years (minimum) of earning and experience too.

That will be true in some cases. And untrue in others.

[northernladyuk]

77% of graduates have ******* pointless degrees?

If your degree doesn't enable you to earn enough to pay back the tuition fees then perhaps you shouldn't be doing that degree.

Too much emphasis on STEM degrees for a spiv economy. The UK needs more people well qualified for hotel management, media and banking. Solid humanities graduates can take up the strain in management consulting.

[The_Equalizer]

That will be true in some cases. And untrue in others.

I think you could pick with relative ease a good few degrees that - at the quote £50K - would be a waste.

[BrilloPad]

I think you could pick with relative ease a good few degrees that - at the quote £50K - would be a waste.

Absolutely.

However a good Maths or Engineering degree is worth alot more than £50k