DS is due to start his Law degree at Oxford in October. We live in Wales where the student loan system is different. He can borrow up to £8,000 a year. He gets £1,000 a year from the welsh govt. We will fund his food and rent, but any nights out, clothes, hols etc he can fund himself through any work he can get. He will be taking a loan for all fees.
Should he live very frugally and take no loan to reduce debt?
Or, take the loan, not be skint but save £7/8k a year into savings just incase he decides to do a masters and use the money to self fund that? Or use it as a flat deposit?
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Student Loan advice
7 replies
econadv · 13/05/2019 09:47
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