How deep is your debt?

[Dom Waghorn]

http://www.thesite.org.uk/student/how_much_debt_are_you_in.html

And you?

[stoyte]

Whats the big deal here?? i only pay £400 tutition fees a year. thats two weeks paychecks i saved the rest and i'm laughing.
Where do all these thousands of pounds debts come from?????

[Kermit]

Over a three year course:
3x£1000 fees
3x£3500 loan
=£13500 before you even start with overdrafts <IMG alt="image" SRC="http://www.thesite.org/ubb/smile.gif">

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It matters not who won or lost, but how you place the blame.

[kaz]

I'm over £5500 adn counting. The interest really sucks as I can't afford to start paying yet.

And they tell us it'll all be worth it, hah!

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"Go sell crazy some place else...we're all stocked up here"

[Whowhere]

at the moment I'm £600 in the black, I didnt take out a loan cos I live at home, and I have a job so im not too bad.
I feel sorry for the other people thoug.

[Lord of Little]

Let's see now, including the graduate "consolidation" loan, plus student loans I'll be up to around.... ohhhh.... £3500 at the moment, which is about half paid off. Another couple of years and I can stop living in poverty!! Hooray!!

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<IMG alt="image" SRC="http://www.stopstart.fsnet.co.uk/new/catinthehat.gif">

[byny]

Well I wish I'd taken out a student bloody loan! When I left University I had a £5000 overdraft and I've been paying it off eversince. At least with a student loan you don't have to pay it off until you are earning more than a certain amount. The most I've ever earned is £13,500 and I have still had to make monthly payments every month for years.

[CiaraD]

I currently owe £3500 from 2 years ago when i first started uni, now, at a new uni, and a new course where my debt will eventually build up to £14,000, plus whatever overdraft i'll have at the end!! For students in general we don't really worry about now, becasue we don't have to pay it back yet, but when we graduate, expect UK debt depression!!

[Holly the Potter]

Well, hey.... I'm in my third year and just got my student loan co. statement. Now on £8.500 and rising by nearly £20 per month, and I haven't even finished yet! Unlike some I do actually have to go into college every day - 9-5 and often until 8 or 9 at night, just to get the work done. Last year I worked as well until I got pneumonia and had to slow down a bit. My student loan just about covers my rent, and I have to pay for all materials as well (expensive as I do ceramics and glass). Also some minor expenses like clothes, shoes and food have to be covered. I am a mature student (28!) so don't get any help from my parents or anything. Yay it's a great life, and I'm not on the streets, but I am getting well into debt to keep it that way. Despite some of the bad stereotypes that people have in their heads......

[Marmite]

Please stop, i'm trying to ignore it!

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All evil needs to thrive is for good men to sit back and do nothing

[Whowhere]

You shouldn't ignore it. If debt is getting on top of you, you should talk to someone about it. Namely a financial advisor at uni. If your circumstances are that bad then they can consider you for a hardship bursary, usually about £500 that can help keep your head above water so to speak.

[Marmite]

Originally posted by Whowhere:
You shouldn't ignore it. If debt is getting on top of you, you should talk to someone about it.

Cheers for the concern mate, i'm ontop of it at the moment it's the ammount that i have to pay back when i start working full time that scares me. By the time i graduate in June 2003 i will owe in the region of 12,000 quid!!! aaaaaaargh

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All evil needs to thrive is for good men to sit back and do nothing

[BARTONIOUS]

Fuck sake, some of you have a severe amount of debt like!! It's good here in Scotland because you get your fees paid for you if your Scottish! <IMG alt="image" SRC="smile.gif" border="0"> I live at home, I'm 2nd year and I got a £1200 loan last year (which was spent on a holiday to Ibiza!! <IMG alt="image" SRC="biggrin.gif" border="0"> <IMG alt="image" SRC="biggrin.gif" border="0">) but I don't really need it for uni because I'm doing an internet course at Abertay in Dundee so all my material is online on the uni's intranet and I can get all the information I need from the net anyway. Books which could be useful for my course get old quickly so there isn't much sense in buying them unless they are absolutly vital and the informtaion wont go out of date too soon. I've got another loan this year but I've already spent my £400 first installment <IMG alt="image" SRC="frown.gif" border="0"> Time to get a job methinks...

[Turtle]

fuck knows what my debt's gonna be. tuition is £8000 a year for me, cos i'm an international student. and i dont (think) i get a student loan either - at least not from the gov't.

i'll get back to u on that one. <IMG alt="image" SRC="tongue.gif" border="0">

[BARTONIOUS]

£8000 a fuckin year!?!?!? What course and what uni???

[Turtle]

arts course, all unis, approx.

international student, owt i can do.

[girl with sharp teeth]

.

[Turtle]

Originally posted by opera bitch:
<STRONG>scottish students make me sick <IMG alt="image" SRC="mad.gif" border="0">
</STRONG>

here here! i agree!

[Marmite]

Originally posted by opera bitch:
scottish students make me sick <IMG alt="image" SRC="mad.gif" border="0">


*cuts out students and replaces it with people*

Here here <IMG alt="image" SRC="tongue.gif" border="0">

[BARTONIOUS]

<IMG alt="image" SRC="mad.gif" border="0">

[BARTONIOUS]

Not my fault I'm Scottish!! Serves you Engish right for stealing our water and oil!! <IMG alt="image" SRC="tongue.gif" border="0">

[ 06-12-2001: Message edited by: BARTONIOUS ]

[girl with sharp teeth]

.

[Turtle]

Originally posted by Ellie:
<STRONG>i just think it's disgusting how i'm lumped along with scotland whenever it's something bad</STRONG>

u mean like if sellafield blew up? <IMG alt="image" SRC="biggrin.gif" border="0"> cos that would HAVE to be a scottish plot <IMG alt="image" SRC="tongue.gif" border="0">

[BARTONIOUS]

Yup Ellie, correct. Its funny how when a Scottish person does something good internationally, they are "British" and when they do something bad they are "Scottish"

But nevermind me, I aint the sort of guy to take thngs to heart!! <IMG alt="image" SRC="smile.gif" border="0">

[Marmite]

Originally posted by BARTONIOUS:
I aint the sort of guy to take thngs to heart!! <IMG alt="image" SRC="smile.gif" border="0">

Not even Antimony?! <IMG alt="image" SRC="wink.gif" border="0">

[Whowhere]

Originally posted by Marmite:
<STRONG>

Not even Antimony?! <IMG alt="image" SRC="wink.gif" border="0"></STRONG>

Im pissed off, talking about the scots like that! I'm half scottish, and I'm very proud of my heritage! Well, the English half anyway. Scotland is too cold, and lags behind England by about 10 years. The only scottish people I can understand are my Mum and my aunty, everyone else sounds like they are slurring!

[emmex]

Originally posted by BARTONIOUS:
<STRONG>Yup Ellie, correct. Its funny how when a Scottish person does something good internationally, they are "British" and when they do something bad they are "Scottish"

But nevermind me, I aint the sort of guy to take thngs to heart!! <IMG alt="image" SRC="smile.gif" border="0"></STRONG>

I completely agree. <IMG alt="image" SRC="mad.gif" border="0">

[Turtle]

Originally posted by Whowhere:
<STRONG>sounds like they are slurring!</STRONG>

i'm sure it's more than they sound like they're slurring. <IMG alt="image" SRC="tongue.gif" border="0"> <IMG alt="image" SRC="biggrin.gif" border="0">

[Marmite]

I'm sorry <IMG alt="image" SRC="biggrin.gif" border="0">

[fearful_penguin]

Glad I'm not an international student!

By the time i leave, i'll have
4 x £3,600 = £14,400
and i aldready have £1000 overdraft and am in my second year out of 4! I'm lucky, my parents pay my fees (about £500).

[fearful_penguin]

Glad I'm not an international student!

By the time i leave, i'll have
4 x £3,600 = £14,400
and i aldready have £1000 overdraft and am in my second year out of 4! I'm lucky, my parents pay my fees (about £500).

[Whowhere]

Originally posted by fearful_penguin:
<STRONG>Glad I'm not an international student!

By the time i leave, i'll have
4 x £3,600 = £14,400
and i aldready have £1000 overdraft and am in my second year out of 4! I'm lucky, my parents pay my fees (about £500).</STRONG>


You have low fees. I have to pay £1075 a year. Fortunately I'm still at home so Im not doing badly, and I saved up a lot over the holidays.

[daisychain]

i am in my third year, and i too have to be in college 9-5 most days. however, i do manage to work two jobs - at nights and weekends (about 25-30 hours a week) and also get my work done. i even manage to fit in a social life somewhere. i don't get money off my parents, and most of my loan doeas go on my rent. i also have fees to pay, but i don't whinge about it like most of my friends. i think that students in general complain far too much and if they actually could be bothered they would get jobs and appreciate the value of money. none of us will be that much better off when we graduate, so make the most of having access to such huge loans as a student.

[captain kirk]

Originally posted by Kermit:
<STRONG>Over a three year course:
3x£1000 fees
3x£3500 loan
=£13500 before you even start with overdrafts <IMG alt="image" src="http://www.thesite.org/ubb/smile.gif">

</STRONG>

I've started with overdrafts. <IMG alt="image" SRC="frown.gif" border="0">

[Kat]

Turtle thats about right. Luckily you're not doing science that costs millions (bout £10000) and you don't get a loan either. Good luck kid.

[Richard1044]

Don't know if anyone can beat this?

4x £1000 (fees) = £4000
4x £3000 (loan) = £12000
£1600 (overdraft) = £1600

total: £17600

[shine]

15,000 FOR ONE YEAR AT UPPER 6TH.

[Girl-From-Mars]

Originally posted by shine:
<STRONG>15,000 FOR ONE YEAR AT UPPER 6TH.</STRONG>

how??

[Alessandro]

I owe $70000 (about 50000 pounds) in loans for my university, which would be a lot higher if not for scholarships.

[Whowhere]

<IMG alt="image" SRC="eek.gif" border="0">
poor bastard

[Moderator]

Has anyone seen this article about the student debt petition?

It's on the BBC website: http://news.bbc.co.uk/hi/english/education/newsid_1789000/1789927.stm

Anyone signed it yet?

[wuckFit]

*uses calculator to tally up all the loans*

Hmmmmm.........

In total I will be £4000 smackers and this is my final year, so this is what I will have to pay back.

I thought I was bad, but looking at the replies it seems am a lucky one. Well I hope it pays off in the end run. <IMG alt="image" SRC="smile.gif" border="0">

[Justin Sane]

My course (MCSA) has cost me $6500 (2000 pounds), thats the beauty of studying abroad, cheaper course fees, exams are quite harsh tho about $300 each (100 pound) and theres 4 of them...

Thankfully in total at the end of the course I will only be $7500 in debt (cause you get $1000 for course related costs paid direct in cash to your bank.. woo-hoo!)

And, if I consider working in the UK after my course I can earn in excess of 16k pounds and above and pay back my student loan within a year thanks to the wonderful exchange rates... worth a thought <IMG alt="image" SRC="smile.gif" border="0">