What will happen to student loan repayments if there is a recession?

Answer As the student loans company work out the rate of inflation each year as defined by the retail prices index it changes annually and you are informed of this in your statement (at the moment it's ar... Read More »

Top Q&A For: What will happen to student loan repayments if ...

How do student loan repayments by your employer work?

If you are in the US, this would be income to you.The only times it wouldn't be is if you took the loan with the contractual agreement that you would work in an underserved area for x number of yea... Read More »

Can student loan repayments be put on hold for 2 years if I wanted to become a Buddhist monk?

Unlike a deferment, which is a borrower right that is allowed under certain educational loan products, you are asking about a forbearance.A forbearance is never granted as a matter of right - a for... Read More »

What will happen to my student loan if i quit uni?

You will have to repay it, then if you reapply in 2 years, you apply for the loan again.

What would happen if government cut off all student loan programs?

Well everything is connected, and one thing leads to another. First if loans were to be cut, then the enrollment would be cut, and then less jobs for people in the university, and people getting de... Read More »