Get one and leave the country. (Student Loans Co.)

Member Name: Grizza

Product:	Student Loans Co.
Date:	10/04/02 (1141 review reads)
Rating:

Advantages: OK if you dont need one, Almost free (for a while)

Disadvantages: You pay more back than you think, Have to pay twice, Not nearly enough

I have a couple of things that have always puzzled me about the Student Loans system. Firstly, if we are going to have to pay back our student loans then why do they force us to live in poverty? I have no worries about having to pay the money back, so why am I not allowed to have an amount that covers me for the bare essentials such as expensive bottled beers, proper cigarettes, numerous foreign holidays, stacks of Dutch porn and a small farm in the South of Wales. Instead, even acording to the Government itself I would be better off on the dole. Wasnt it Blair who said, "Education, education, education"? That'll be twelve grand, please. I have always been of the opinion that the grant system was largely paid for by the higher rates of tax paid by graduates in higher wage jobs. Now it looks like I will have to pay twice for my three years of scrounging and starvation.

Secondly, what is it with these people who do not take out their student loans? Fair enough, some people do not need the money but surely if these people put the money into a high interest acount and didnt touch it for three years they would make a nice little packet. It is worrying how many people have not caught on to this idea- especially as they are higher ed students and supposedly the brightest among their generation. Makes me proud to be one.

Summary: