07.01.2013, 16:22
Quote:
I'm contemplating going for an Apprenticeship scheme after Sixth. Generalized reason being that the thought of being Ј40,000+ in debt as soon as I finish is just horrible. I've spoke to a few of my teachers and they seem to think Apprenticeship schemes will be good, as companies look for experience more than knowledge and people that have experience in apprenticeships may have an easier potential at getting a job.
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So, if you decide to go to uni and end up in 30-40 grand student debt. The debt doesn't go towards blacklisting on credit cards / doesn't go towards your credit rating.
Plus you don't start paying the debt away straight away until you are earning over 35 thousand I think.
What person earns over that when you're a student? Anyway even if you do earn that much you're paying almost pennies a week, I heard around 20 a week. 100 a month.
Even if you don't earn the over the 35k after or when you're 50 the debt gets wiped off and you're student debt free. So it's not all doom and gloom with student uni fees.