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Original poster

Student loan at 52

4 replies

TeaAtTheSavoy · 31/05/2024 07:48

Hi,

I'm thinking of taking student loan out to pay for a MSc. Good idea or not? At 52?

TIA

OP posts:
Wordless · 31/05/2024 11:15

Why would it not be? Can you say what it is you’re concerned about?

If you have a look on the:

Mature Study and Retraining board

you’ll find countless threads full of experience on funding and studying for postgrad degrees in middle age. I did so myself, decades after my first degree and professional qualifications, using a Government Postgraduate Loan.

Mature students: Distance learning, retraining and mentorship | Mumsnet | Mumsnet

Welcome to Mumsnet’s mature student forum. Discuss everything from starting adult courses to retraining and distance learning or even seek out a personal mentor.

https://www.mumsnet.com/talk/mature_students

Original poster
TeaAtTheSavoy · 01/06/2024 17:08

I'm just wondering what the repayments would be as I'm on £50k. Might just pay for it myself up front.

OP posts:
westisbest1982 · 01/06/2024 17:46

TeaAtTheSavoy · 01/06/2024 17:08

I'm just wondering what the repayments would be as I'm on £50k. Might just pay for it myself up front.

Universities allow you to pay in instalments, if that helps.

Tirangapete · 13/10/2024 09:35

Question
my daughter has come into some inheritance around £30,000 she will go to uni to study law her career path might be that of a high achiever
should we use that money to pay her course fees and thus not have these high interest student loans (plan 5)

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