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Depends if your objective is to become debt free, or to repay as little or as slowly as possible to student loan co.
ChasnotRobert-
@ChasnotRobert objective is to pay as little as possible to the student loan company as possible during the next 30 years. I think pay as little as possible without allowing interest to compound, and if my salary grows, I service the debt with mandatory contributions not net salary supplements
bobble
Slightly off topic here but also linked. If you had 30K student loan debt and earned 30K, your student loan debt would grow at c. 6% or £1800 a year (I think). Your mandatory contributions would be 9% of anything you earn over 25k for 40 years or until the debt is wiped, which starts out at £450. In year 1, would you try to service the debt by supplementing mandatory payments with contributions from your net salary (£1350), or just put your disposable net income into an ISA. Or try and do both?
I am slightly perturbed by how big the 9% deductions could be in like 10-20 years if my salary grows and the interest has been compounding with minimal contributions made, but also why wipe down something that I may never have to repay? (could not work for any number of reasons, may work for around 30k forever and would not pay it off in the time frame, gov could do something radical).
Any thoughts?