Martin Lewis: Should I overpay my student loan?
Beware student loan statements, they're dangerous and misleading. I wish I could tell you to rip 'em up without looking at them, but occasionally there's practical info you need. Over five million uni leavers still have outstanding loans. Many panic seeing £100s interest added each month – a financial canker that's led some into making catastrophic decisions.
Student loans will be interest free for many 2012 starters
On principle I hate the fact 2012 uni starters aren’t just going to pay for their education, but for financing it too. For the first time students will be charged ‘real’ interest rates. This may seem a contradictory start to a blog promising interest free loans, but that’s because, yet again with student finance, principle and practice...
Prospective students no longer so scared of £9,000 fees
I got a bit stumped on Thursday on the weekly Consumer Panel hour I do on Radio 5. The subject was the new up to £9,000 fees for new student starters in 2012, on the back of applications closing Sunday (yesterday now). There were three prospective students on, so I was poised to rebut the usual misunderstandings...
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Recent Blogs
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Five things EVERYONE should know about student finance
21 September 2021![]()
There are more myths and misunderstandings about student finance than any other subject. So in this blog is my updated 2021/22 version of the must knows, with links to far more info. -
Is it time to ban Christmas presents?
14 September 2021![]()
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of...
