No Escaping That Student Loan :-(

Posted on Wednesday, August 06th, 2008 at 4:29pm

I always thought that if I went bankrupt my student loan would get scrubbed. But, as I’ve just found out, that’s not the way it works. I’ve also just discovered that fleeing abroad for a few years won’t get me out of paying back all the money I blew on kebabs and cheap cider.

So it looks like those evil monthly payments to the Student Loans Company are going to have to carry on being taken out of my pay packet for a few more years yet. Not fair.


15.9% APR Typical variable

WARNING: THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS ARE SECURED ON YOUR HOME. ALL LOANS SUBJECT TO STATUS.