Billy Quilty
3.9K posts
@BQuilty
Infectious disease epidemiologist and modeller based at @ChariteBerlin @WHO Pandemic Hub | PhD @LSHTM | MSc @ImperialCollege | Bluesky: @BQuilty
honestly find it sort of flattering people think I have the power to just Dr. Manhattan point at a game and blow it up
honestly find it sort of flattering people think I have the power to just Dr. Manhattan point at a game and blow it up
What not many people realise about UK student loans is that earners in the middle of the salary range end up paying back far more than either lower or higher earners, as they earn enough to pay the loan and interest back before the 30 year cut off, but not enough to pay it off early before the interest balloons. Someone earning £70k ends up paying almost double someone on £150k.
Whether or not interest is capped at RPI, or thresholds are unfrozen, middle earning graduates will continue to be squeezed the most while the richest pay less.
What not many people realise about UK student loans is that earners in the middle of the salary range end up paying back far more than either lower or higher earners, as they earn enough to pay the loan and interest back before the 30 year cut off, but not enough to pay it off early before the interest balloons. Someone earning £70k ends up paying almost double someone on £150k.
What not many people realise about UK student loans is that earners in the middle of the salary range end up paying back far more than either lower or higher earners, as they earn enough to pay the loan and interest back before the 30 year cut off, but not enough to pay it off early before the interest balloons. Someone earning £70k ends up paying almost double someone on £150k.
