If you’ve repaid your Plan 1 student loan

81 replies

Allthesea · 09/05/2024 08:01

How long did it take you, and what sort of salary have you been earning to get there?

Thanks

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MisfitMagpie · 09/05/2024 08:52

It will also depend on how much of a loan you took out, I paid mine off after 15 years and didn't take the maximum loan but started on less than £20k which had increased to £36k by the time it was paid off.

Original poster

Allthesea · 09/05/2024 08:52

Thanks! I wish I had overpaid mine while interest rates were low, it’s shot up to 6.25% recently, I’m worried mine will take longer to pay now.

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Overthebow · 09/05/2024 08:44

I haven’t paid mine back yet but should have paid it back in 6 years time which will mean it’ll have taken me 20 years. I’m currently on 54k, and have had 2 maternity leaves where I haven’t paid much back.

Yaty · 09/05/2024 08:41

I've got 1 more payment left on mine. Has taken 17 years!!!! Current salary is 40k but I've mostly been around 30k for majority of the time since leaving uni.

Thatsajokeright · 09/05/2024 08:41

16 years. Now on over 80k.

Original poster

Allthesea · 09/05/2024 08:40

Nobody?
Sorry maybe I should have put this in Chat..

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