STUDENT LOANS UK EXPLAINED: Should You Pay Off Early In 2025?

STUDENT LOANS UK: This is a COMPLETE GUIDE to Student Loans in England. We share how the student loan system works. We cover the potential impact of Salary Repayment Threshold Changes and whether to Pay Off Student Loans Early or Not. Please LIKE this video if you enjoyed it 😀

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Former CFO by day with over 12 years experience in the investment business. I'm a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I'm a blogger, youtuber, speaker, etc. I create from my experiences as a family man and First Generation Immigrant.

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We became Financially Independent aged 34 and our story has been featured on the BBC, ITV, Financial Times, The Sunday Times, etc.


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★★ TIME STAMPS ★★

0:00 - Intro to Student Loans guide
2:50 - PART 1: STUDENT LOAN SYSTEM EXPLAINED
2:54 - How much does it cost to go to Uni on a 3-year course in England?
5:38 - How Do They Decide How Much Maintenance Loan You Get?
7:03 - What determines how much of your student loans you’ll ACTUALLY pay back?
8:50 - Examples of how much you actually pay back in Student Loans?
10:53 - When do Student Loans get written off?
12:54 - How Do You Repay The Maintenance Loans?
13:17 - What Percentage of People Pay Off ALL Their Student Loan Debt + Maintenance Loan + Interest within 30 years?
15:20 - How Do Tax & Student Loan Payments Differ For Graduates vs Non-Graduates?
18:03 - How Does The Change To National Insurance Affect Take Home Pay?
20:33 - What Interest Rates Do You Pay On Student Loans?
21:35 - Is Going To Uni With a Student Loan Worth It?
25:25 - PART 2: SALARY THRESHOLD CHANGES
25:27 - Impact Of Reducing The Salary Threshold To Repay Student Loan?
27:10 - PART 3: PAY OFF EARLY OR NOT?
27:12 - Should You Pay Back Your Student Loan Early?
34:23 - Question for comments

Best, Ken and Mary

#studentloans #studentloansuk #debt

★★ WHAT THIS VIDEO IS ABOUT★★

STUDENT LOANS UK EXPLAINED: Should You Pay Off Early? | Repayment Threshold CHANGES 2021