Read on Twitter
This is rearing it's head again. For a supposedly sensible profession, a lot of people are financially illiterate.
For a UK undergraduate, this debt is basically meaningless. When starting out, it costs £11 a month in repayment. That's what, 4 costa coffees? 1/X https://twitter.com/todd_j_cooper/status/1360335077708865537
For a UK undergraduate, this debt is basically meaningless. When starting out, it costs £11 a month in repayment. That's what, 4 costa coffees? 1/X https://twitter.com/todd_j_cooper/status/1360335077708865537
The debt is wiped out after 30 years. You never pay back more than a small percentage of your wage. If you ever (for some reason) stop having an income, the repayments stop.
What do you get in return? A secure job that pays many times the national average wage.
What do you get in return? A secure job that pays many times the national average wage.
All this nonsense about loans putting off lower income families is exactly that. Nonsense.
No-one should be put off by these loans, but by talking about it in the manner that OP does, it runs the risk of making medicine seem unaffordable. Which for undergraduates it isn't.
No-one should be put off by these loans, but by talking about it in the manner that OP does, it runs the risk of making medicine seem unaffordable. Which for undergraduates it isn't.
The cost for post-graduates is another issue, to which the easiest solution would be expansion of the student loan scheme. When I'm made King...
