Fascinating read. Not sure this bit is accurate, I think it’s more like 26–27k, not 21K.
Chris Thornett
1
A fair point — the UK’s average salary is £26,500 (according to a brief Google) whereas if you got your loan in late 2012 or after the repayment threshold is £21k.
So if anything, that’s worse — get to 80% of the UK averagenational wage and you start paying your debt, not even to the average.