Student loan freebies, summer money school is in for rising college freshmen
Martin Lewis is a registered trade mark belonging to Martin S Lewis. If you never get a job earning over the threshold, it means you won't have repaid a penny.
How Much Can I Borrow? A political hot potato 6 student loan interest MUST-KNOWS - Interest depends on what you earn - The interest rate changes every September - There's no real cost unless rate is above RPI - The interest doesn't change your repayments - After 30 years the loan is wiped - The amount you owe is irrelevant for most You borrow less if you're a Welsh student For some, student loans are interest-free.
Try a wee experiment to see this.