Student loan interest rates

[user1496760855]

Do be aware of the 4.6% interest rate payable on student loan fees from the date of the payments (dropping to 1.6% after leaving uni). It may be worth thinking of a different way to finance this. I don't think everyone knows that the interest runs from when the Student Loan Company makes the payment, not from when your kids leave uni.

In the nicest way I think that people who can finance university any other way would. Students take out loans purely because they can't afford the extortionate fees. The vast majority have no choice.