[UKjovi]

that dont sound alot at the moment though

[Thomas Anderson]

For someone who has, for the past 3 years, lived on a student loan of <£3.5k it sounds like a lot lol

[UKjovi]

flippy heck is that all? no wonder your still living with your parents . thats crap money !!

[Thomas Anderson]

The student loan works out a bit more if you live away from home, but since I live so close to Liverpool it wasn't worth moving there, plus I wouldn't have got that extra anyway because of living so close now.

Hopefully this year on my placement I'll be able to get enough and save it such that I won't need a loan at all for my final year, though I'll still be £10k+ in debt when I finish my degree. Fortunately for me the new rules don't apply since I already had started my course, as anyone starting this year has to pay their fees, so if that was the case I'd end up leaving £15k+ in debt when I finish. It will put a lot of people off going and in a few years they'll see that and start giving grants again and such.

[Thomas Anderson]

Been getting back into photoshopping lately...

[UKjovi]

I know this is the worry. If my kids want to go to collages in years to come how much will it be then? its rediculas the way they havent invested in education. but having said that what have they invested in apart from war??

[Sara]

Originally Posted by Thomas Anderson

For someone who has, for the past 3 years, lived on a student loan of <£3.5k it sounds like a lot lol

£3.5k sounds like a lot :P! That's over €5000 right? My student loan's like €2800... and I live away. I can't even pay my monthly rent of that, let alone my food and necessary expenses. If I still lived home, it would even be less than €1000 . Studying is an expensive way of life...

[Thomas Anderson]

For living at home the maximum student loan is around £3,500 and is paid in 3 installments through the year. Thos who live away from home and have to pay rent can get more, though I'm not sure how much more.

Hopefully I won't need a loan the next 2 years though as I'll be working the first and shall try to save such that I won't need a loan the final year.

As for your kids Russ I have no idea, presumably it will be another 8-15 years before they are old enough anyway so perhaps by then it will have changed and you can get a grant again or something.

[UKjovi]

yeah i hope so. thats even if they want to go? its too far away yet

[Thomas Anderson]

Well don't worry, Tony Blair won't be PM then so there'll be some changes I think lolal