Do you have a student loan?

[Mich the Tester]

It was his £500 a day coke habit that they weren't too happy about.

Should have stuck to diet coke and he wouldn't be such a fatty.

[MarillionFan]

Hmmm. All the banks I spoke to when I graduated ignored the student loan because it was effectively interest free. Maybe you had other question marks on your file, though.

I saw paying my student loan off a sign of independence from debt. Then I blew a load on drink, drugs & women. The rest I wasted.

[russell]

I saw paying my student loan off a sign of independence from debt. Then I blew a load on drink, drugs & women. The rest I wasted.

Giving free money back to your debtor is more a sign of stupidity.

[d000hg]

Giving free money back to your debtor is more a sign of stupidity.

Or decency. I suspect you view the two as similar.

[DirtyDog]

I saw paying my student loan off a sign of independence from debt. Then I blew a load on drink, drugs & women. The rest I wasted.

I saw paying a student loan off early as a sign of financial incompetence.

[MarillionFan]

Giving free money back to your debtor is more a sign of stupidity.

Maybe when you haven't got a pot to piss in like your good self, but at the time my pot floweth over.

[NorthWestPerm2Contr]

I saw paying a student loan off early as a sign of financial incompetence.

I have to say I agree. My cousin worked hard to pay off his student loan when he first graduated and I was like

That 10k you just paid off could have gone towards a house deposit that you spent the next 8 years saving for while the house prices were shooting up in London.....

I always look at my debt as the total of the different parts - I'd rather have more individual debts but be paying less interest to the bank(s).

[SueEllen]

I saw paying a student loan off early as a sign of financial incompetence.

+1

Student loan debt went up by inflation so the idea was to delay paying it off if possible and use the money for other things where interest rates were higher.

[MarillionFan]

+1

Student loan debt went up by inflation so the idea was to delay paying it off if possible and use the money for other things where interest rates were higher.

But inflation is higher than interest rates now.

If you think that you're playing the game with Student Loan debt well pat yourself on the back, personally I saw clearing it as a goal to show that I was succeeding & had gone cash positive. Each to their own I suppose.

[SueEllen]

But inflation is higher than interest rates now.

I used the past tense for a reason.