While doing my tax return I logged into my student loan account. In the last year I've paid GBP 920 off my student loan, while GBP 780 was added in interest. At the current rate, I will pay off my loan in around 160 years.
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julesh (julesh@mathstodon.xyz)'s status on Friday, 03-Jan-2025 01:36:28 JST julesh -
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Christian Lawson-Perfect (christianp@mathstodon.xyz)'s status on Friday, 03-Jan-2025 01:56:59 JST Christian Lawson-Perfect @julesh I haven't look at my student loan since I was 23 and I don't think they've even got an address I lived in this decade. I'm choosing to believe it's best for all involved if I don't know any detail about it
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julesh (julesh@mathstodon.xyz)'s status on Friday, 03-Jan-2025 01:58:51 JST julesh @christianp About 5 years ago I was working in Germany and they tracked me down and told me I needed to pay manually
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Ionica Smeets (ionica@mathstodon.xyz)'s status on Friday, 03-Jan-2025 02:00:17 JST Ionica Smeets @julesh @christianp My partner paid of his student loans last week and it was such a big moment! (I paid of mine a while back, was fortunate to have to loan less) 🥳
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Christian Lawson-Perfect (christianp@mathstodon.xyz)'s status on Friday, 03-Jan-2025 02:02:42 JST Christian Lawson-Perfect @julesh good, the system works. My only fear is that somehow I keep giving them money after I've paid my loan off
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julesh (julesh@mathstodon.xyz)'s status on Friday, 03-Jan-2025 02:19:06 JST julesh @christianp I believe the way the system is intended to work is that if you finish paying it off and don't tell them they will continue taking your money for 1 year, and after that they will pay you back minus the interest
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