Best way to pay off student loans?

[Whorty]

I already paid my SL back. I initially thought you were suggesting a graduate tax on future graduates rather than loans... are you in fact proposing it on existing graduates too?

Yes - existing graduates too.

My education was totally free. No fees for courses. I'm 52 so anyone my age or above had it all free and yet we set the rules now crippling the younger generation.

Was your SL for living costs, or course fees? Not all loans are just for course fees are they, don't they also cover living costs? Could be wrong, I'm an old chap and with no kids it's not something that really impacts me so I could just shut my mouth and be happy that I'll never have to be lumbered with the costs or pay anything extra

I think the course fees should be free.

[d000hg]

Yes - existing graduates too.

My education was totally free. No fees for courses. I'm 52 so anyone my age or above had it all free and yet we set the rules now crippling the younger generation.

I don't set any rules. And they could of course not go to university.

I do pay a graduate tax anyway. Anyone who earns more off the back of a university education does. It's called income tax... if you earn more you pay more. What's fairer than that

[TheDude]

Anyone who earns more off the back of a university education does. It's called income tax... if you earn more you pay more. What's fairer than that

Unless you split dividends with your spouse, pay them to be 'company secretary' or engage in any number of efficiencies to lower your tax burden...

[d000hg]

Unless you split dividends with your spouse, pay them to be 'company secretary' or engage in any number of efficiencies to lower your tax burden...

Good reductive argument there. a)that's a small proportion of people b)people without degrees can work through a Ltd too - many tradesmen do. If you are a high earner, even as a contractor, you are still paying a big chunk of tax one way or another.

[TheDude]

Good reductive argument there. a)that's a small proportion of people b)people without degrees can work through a Ltd too - many tradesmen do. If you are a high earner, even as a contractor, you are still paying a big chunk of tax one way or another.

A lot of tradesmen are high earners who didn't go to university....

[vetran]

A lot of tradesmen are high earners who ask to be paid in cash....

FTFY

[vetran]

lets hope her degree wasn't in Maths.

[northernladuk]

lets hope her degree wasn't in Maths.

It says it was in Fine Arts.

[d000hg]

How do you get a degree for $20k in the US? I thought it was 10X that, and the rest if you went somewhere good.

[vetran]

It says it was in Fine Arts.

sort of the point, if it had been in maths she would have a job probably.