It really is a question that is simple through the lips of over four million previous graduates.

It really is a question that is simple through the lips of over four million previous graduates.
Could it be simpler to save yourself or pay it back?
“If i have got more money, must I spend my student loan off? ” The clear answer hinges on whether you have other debts when you studied, as that dictates whether your interest is 3.3% or 1.75percent.
This guide that is easy-to-follow for almost any pupil whom began uni before 2012, and Scottish and Northern Irish pupils starting since that time. We will speedily just take you through how exactly to work away your position, the way you’re impacted and solution one of the keys ‘should we pay it back? ‘ concern.
English or Welsh pupil whom began college in 2012 or later on? This is simply not for you personally. See Martin’s ‘Student’s interest now 5.4%’ guide.
This guide just covers official figuratively speaking Company (SLC) loans, maybe not private, profession developing or studies loans that are professional. For all see our pay back Debts With Savings? Guide.
In this guide
Would rather watch as opposed to read? See Martin’s movie below
Step one: Look at your education loan kind
A generation that is whole of are in possession of student education loans. Anybody who began advanced schooling since 1990 happens to be qualified – so even people who graduated 25 years back could have them still.