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Really unfair. Not to get political but I don't get how I know people under 30 with student loans who vote Tory. Also people like my grandparents and friends parents voting to shaft their kids income for life. Crazy
I chat to middle aged people who went for free, got a grant and then got benefits over summer holidays.
2023 starters will repay 9% of their over 25k (lower than mine which is already shit) for 40 years (longer than mine which is already shit)
bobble
I can offer you every sympathy. Crazy that there is such a high interest rates on these loans, and that people under a certain age have just got clobbered.
If I were you I wouldn't pay it off quickly, unless you had money lying around that you didn't know what to do with. There is always a chance that something happens - either to the loan or to you. It's pretty much accepted that the majority of these loans will not get paid off. If the last election had gone the other way they may well have been written off. That could happen in the future, especially as a larger proportion of the population end up paying them = more votes in it, year by year. Also your priorities / career direction / health might change in ways you can't forsee.
Not expert advice, just my two pence worth.