Student Loans Hurt Middle Earners Most
Low earners get their loans written off. High earners pay them off quickly. But middle earners pay the most—often more than they borrowed.
£35,000
£30,000£200,000
£
Your loan will be written off
At your current salary, you'll pay for 30 years and have £284,127 written off. This is often the best outcome for lower earners.
How Long Will It Take?
Low earners pay for the full 30 years until write-off. See how quickly repayment time drops as salary increases—a small pay rise can save years of payments.
Effective Interest Rate
Compare your loan's effective rate against other investments. Lower earners often have negative effective rates due to write-off.