What a rip off company. Feels like I'm never going to pay it off despite seeing a decent share of my wage going out every month. I'm unfortunate to be on the initial Plan 1 which means it won't be written off until I'm 65, and the interest just seems neverending and just increased and increased when I wasn't earning enough to pay it off. Almost half of the payments I made last year went on interest, it seems worse than a mortgage. To take on a loan like this at such a young age without realising the consequences isn't good. In hindsight I wish I had never taken the loan
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Student Loans Company is a non-profit making, government-owned, organisation in the United Kingdom; providing loans and grants to students in further and higher education.