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11-28-2007, 07:27 PM
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Student Loan - How does it work? Post #41 | | Newb
Join Date: Sep 2007
Posts: 0
Rep Power: 0 |
Ok I've tried the pressing 0 thing on the SLC number and still get the same bloody machine talking to me!
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11-28-2007, 07:32 PM
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Student Loan - How does it work? Post #42 | | Joe Blow
Join Date: Sep 2007
Posts: 0
Rep Power: 0 |
they only make a 'profit' to cover the costs of people who don't end up paying it back. which, seeing as it takes many people a good 20 years or so, is increasingly more.
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11-28-2007, 07:34 PM
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Student Loan - How does it work? Post #43 | | Joe Blow
Join Date: Sep 2007
Posts: 0
Rep Power: 0 |
Quote:
Originally posted by theis:
yeah, my salary is £26,000. Was just wondering if it was out of net or gross.
As if it was out of my net salary then it will be about £70 and if its gross salary about £90.
| http://www.thesalarycalculator.co.uk/salary.php | |
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11-28-2007, 07:36 PM
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Student Loan - How does it work? Post #44 | | Registered User
Join Date: Sep 2007
Posts: 0
Rep Power: 0 |
The funny thing is, they set the interest rate by the rate of inflation in March of this year which was a strangely high month (double that of last years March) so we're stuck with 4.8%. So unlucky really  | |
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11-28-2007, 07:40 PM
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Student Loan - How does it work? Post #45 | | Newb
Join Date: Oct 2007
Posts: 0
Rep Power: 0 |
I used to work in the Student Loan Company! Still keep in contact with a few of them who work there.
Company was a bit ***** to be honest, also a quite a few of them do not have a clue whats happening!
Raith Seymour-Jackson GIRFUY!!!!
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11-28-2007, 07:46 PM
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Student Loan - How does it work? Post #46 | | Registered User
Join Date: Feb 2006
Posts: 8
Rep Power: 0 |
Quote:
Originally posted by Ranjith:
It used to be tied to a different measure of inflation before. It would be less than 2% now.
The government has hiked the interest rate to make a profit.
| More wrong than Professor Wrong of Wrongness studies at the National Centre for Excellence in Wrongness.
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11-28-2007, 07:53 PM
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Student Loan - How does it work? Post #47 | | Newb
Join Date: Oct 2007
Posts: 0
Rep Power: 0 |
Quote:
Originally posted by GP1873:
Company was a bit ***** to be honest, also a quite a few of them do not have a clue whats happening!
| Uh-huh. Sending time-sensitive letters to someone who lives in the United States via second-class mail really does take some doing.
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11-28-2007, 07:59 PM
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Student Loan - How does it work? Post #48 | | Newb
Join Date: Oct 2007
Posts: 0
Rep Power: 0 |
Quote:
Originally posted by MyTwoJakes:
<BLOCKQUOTE>Originally posted by GP1873:
Company was a bit ***** to be honest, also a quite a few of them do not have a clue whats happening!
| Uh-huh. Sending time-sensitive letters to someone who lives in the United States via second-class mail really does take some doing. </BLOCKQUOTE>
I'll admit to it. I sent out a few letters abroad 2nd class  It's just laziness to be honest, all that had to be done was put the International letters into a seperate box but they really just go into the same box as 2nd class ones :cool: Yes, I was one of those lazy *****!
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11-28-2007, 09:05 PM
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Student Loan - How does it work? Post #49 | | Registered User
Join Date: Jun 2007
Posts: 1
Rep Power: 0 |
Ok. I graduated in 2001 but have spent most of the time abroad or earning less lan 15k.
If fact I have never earned 15k.
After how long do they cancel it?
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11-28-2007, 09:09 PM
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Student Loan - How does it work? Post #50 | | Newb
Join Date: Oct 2007
Posts: 0
Rep Power: 0 |
Quote:
Originally posted by GP1873:
I'll admit to it. I sent out a few letters abroad 2nd class It's just laziness to be honest, all that had to be done was put the International letters into a seperate box but they really just go into the same box as 2nd class ones :cool: Yes, I was one of those lazy *****!
| Makes me feel better about knowing that I am probably going to defer forever | |
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