Many Senior Citizens Expect To Die With College Loan Debts. (portside.org)

submitted 1 year ago by King@endlesstalk.org to c/news@beehaw.org

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[-] frog@beehaw.org 8 points 1 year ago

I'll probably die with student loan debts... but only because I'm a mature student and the student loan system in the UK was recently changed so debts are written off after 40 years rather than 30. Still, having the remaining debt written off when I'm in my 80s is something to look forward to, I guess? Our repayment terms are substantially more progressive than in the US, though (closer to a graduate tax than loan repayments), so pensioner me likely won't be required to actually pay anything. I'd rather we had properly free university the way most of Europe does, but I'll still take the UK's system over the US's.

this post was submitted on 12 Sep 2023

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