UK student loan repayment threshold - anyone think it's too low?
Dec 16th 2013, 1:18 pm
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Joined: Oct 2013
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UK student loan repayment threshold - anyone think it's too low?
Hi all,
I've just found out my monthly repayments to the SLC are going to be £100 a month. I'm on a (I thought) modest salary, so I'm quite surprised by this. I know that we pay less tax here in Singapore but my rent and utilities etc are quite a bit higher than the UK. The SLC have set the earning threshold at £10,000 p.a. for Singapore which seems awfully low.
I suppose I'm mostly a bit peeved because I've got an expensive professional qualification I'm saving up for! And of course I'd like to do some travelling whilst I'm out here. Maybe I can live frugally and still have a good time
Wondered if anyone here agrees and has managed to successfully dispute this with the SLC?
I've just found out my monthly repayments to the SLC are going to be £100 a month. I'm on a (I thought) modest salary, so I'm quite surprised by this. I know that we pay less tax here in Singapore but my rent and utilities etc are quite a bit higher than the UK. The SLC have set the earning threshold at £10,000 p.a. for Singapore which seems awfully low.
I suppose I'm mostly a bit peeved because I've got an expensive professional qualification I'm saving up for! And of course I'd like to do some travelling whilst I'm out here. Maybe I can live frugally and still have a good time
Wondered if anyone here agrees and has managed to successfully dispute this with the SLC?
