I'm currently paying my student loan

after a year at a folk high school

Welp

Did you move away for that?

yeah

I see

all the way south

lel. I have more in my bank account than I do in student debt, but I wont be able to pay back the debt for 15 years

can't you set up a payment plan by phone?

you can in student finance england anyway

No, I need the money in my bank to live on

for 15 years?

He's probably paying very slowly

Lol, I live in portland oregon. Its expensive as balls to live here

And ye

Its like 100$ a month for 15 years

the interest is pretty high here

Sounds reasonable enough

and starts accruing as you study

which not a lot of people know about

sadly

the second you sit in a lecture it starts ticking up

5.5% here, starts when you get out of collage

people believe it starts when they graduate here, it's a myth

I would lie if I said that people aren't aware of their loans over here

not supposed to tell them

Lel

You pretty much get a quarter-wise reminder of what your current loan is

Gotta read thos contracts tho

The interest rate atm

Everything

no one reads the contracts here, mummy and daddy sort it mostly

And the projected repaying rate

Also bring a red pen to make corrections when you go to sign something

I'm sure it isn't much different overseas

mummy and daddy deal with all that shit all the way through

People move out alot over here

So typically that stuff is handled by themselves

Cross out shit you dont want on the contract, or you might get screwed. /murica/

Rather, they use the rather affordable student loan to move out

And that's what that accrues them the debts in the end