I almost want to go unemployed for 20 years just to spite them.
In real terms you do owe less due to inflation.
Sucks though and I’m in the same position.
I am in Canada, and the government called me on a three year old tax return on $1500. Being self-employed I could not tell him exactly when I could pay that off. The tax guy told me that he wasn’t supposed to ask me if I knew what a trustee was. Bottom line I went bankrupt on over $69,000 worth of debt to student loans, taxes and credit cards. I had no idea I was that deeply involved. Weee!
Tbf though if you’re paying £300 a month in student loans you’re going to be on a very, very high salary.
I earn a few thousand over the national average and I only pay £90
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I almost want to go unemployed for 20 years just to spite them.
In real terms you do owe less due to inflation.
Sucks though and I’m in the same position.
I am in Canada, and the government called me on a three year old tax return on $1500. Being self-employed I could not tell him exactly when I could pay that off. The tax guy told me that he wasn’t supposed to ask me if I knew what a trustee was. Bottom line I went bankrupt on over $69,000 worth of debt to student loans, taxes and credit cards. I had no idea I was that deeply involved. Weee!
Tbf though if you’re paying £300 a month in student loans you’re going to be on a very, very high salary.
I earn a few thousand over the national average and I only pay £90
I’ve started calling it student tax, not a loan.
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