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Higher education

Talk to other parents whose children are preparing for university on our Higher Education forum.

Total student loan when child finish university?

133 replies

luckybees · 09/01/2026 07:21

What was you or your child student loan total when you finished uni? How long was the course? What year you finished? Did you borrow fees and maintenance? Have you/your child paid it already?

DH and I were lucky not to pay for university fees; not from the UK and lived at home so didn’t get in debt.

OP posts:
mumsneedwine · 18/02/2026 14:27

historically doctors had jobs and progression. Currently ? Many are unemployed in the UK and can't get progression as no jobs. Historically doctors became consultants and earned good money. Currently there are not many consultant jobs so people get stuck not earning huge money for saving your life.
We have enough doctors to clear the waiting lists (not just pay hospitals to dump people). But the NHS won't employ them. It's not cost as they are often cheaper than ANP/PA. It's politics.

Iamsodone · 18/02/2026 14:45

VanCleefArpels · 18/02/2026 14:11

What happens in other countries is irrelevant - we have had a system of student contribution for many years now. Some of the first cohort of students who had to take loans will now be parents themselves. How long will it take to create a culture of saving by parents as is entirely the norm in the US?

Why is what happening in other countries not relevant but what is happening in the US is ???
clearly the current system isn’t working

VanCleefArpels · 18/02/2026 15:48

Iamsodone · 18/02/2026 14:45

Why is what happening in other countries not relevant but what is happening in the US is ???
clearly the current system isn’t working

Because my original comment to which you responded specifically mentioned the US. The system works, parents need to be better prepared

PettsWoodParadise · 18/02/2026 16:38

VanCleefArpels · 18/02/2026 14:09

My point was about parental preparedness not the terms of the loans themselves. I agree the terms should not be able to be changed during the course of the agreement. But the fact remains that every year at this time you see many threads from parents who apparently only just realise there is some expectation of financial support for their student kids. This is not a new system!

Agree, I knew and saved since DD was a baby

mumsneedwine · 18/02/2026 18:10

Lucky you to have the spare cash. Many of us didn't.

PettsWoodParadise · 18/02/2026 18:52

mumsneedwine · 18/02/2026 18:10

Lucky you to have the spare cash. Many of us didn't.

£250 from the child trust fund scheme then £25 a month myself and £10 a month by GP and then a lodger when DH was made redundant so we we could stay on plan to save. So not exactly awash with spare cash but knew if I didn't save then there was no way we'd have it later. Appreciate some don't even have that but for those that do, even a bit set aside takes the sting out of the fact that the student loan doesn't cover everything.

mumsneedwine · 18/02/2026 19:21

PettsWoodParadise · 18/02/2026 18:52

£250 from the child trust fund scheme then £25 a month myself and £10 a month by GP and then a lodger when DH was made redundant so we we could stay on plan to save. So not exactly awash with spare cash but knew if I didn't save then there was no way we'd have it later. Appreciate some don't even have that but for those that do, even a bit set aside takes the sting out of the fact that the student loan doesn't cover everything.

No child trust fund for us as DD2 born 6 months too early. No GP funds as they were v poor. But we managed to fund our 2 through 10 years combined Uni and both now have v good jobs (& humongous loans that just keep on growing). How ? Lidl and no holidays.

I object to the terms of the loan being changed after signing and an interest rate of RPI +++. Government claims RPI is too high a measure for doctor pay rises but it's an ok measure to charge them for loans.

Ritasueandbobtoo9 · 02/03/2026 17:43

Me £2000. DS £80000. My first mortgage was that much.

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