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@mikesmoneytips: Same £50k salary, but depending on your plan, you could be repaying anywhere from around £122 to £188 a month. And at current rates and balances, some people are paying almost as much in interest each month as they’re actually repaying. For some borrowers, that could mean the loan never gets fully paid off. In some cases, interest is more than the monthly repayments so the loan balance keeps going up 🤯 Which plan are you on? 👀 Figures based on 2026/27 thresholds and rates from 1 September 2026. #studentloans #ukfinance #PersonalFinance #moneytips #studentfinance

Mike’s Money Tips 👨‍💻📈
Mike’s Money Tips 👨‍💻📈
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Region: GB
Saturday 15 August 2026 09:21:50 GMT
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lemonfog0
Fog :
Practically no one has a 30k balance though, that would be just tuition with no maintenance
2026-08-16 10:39:29
4
theeverydaymillionaire
Rex :
Plan 1 when fees were £3k and I’ve paid it off. Students really need the weigh up if it’s worth it now
2026-08-25 10:54:51
1
chippyshell
Memento Mori :
What a surprise, plan2 still getting it the worst 😭
2026-08-15 16:45:04
4
emmagtri_
emmagtri :
I’ve got a plan 2 and 5… paying both off 😬
2026-08-16 06:05:05
2
lkogjpog
user4470096548970 :
Try Plan 2 - siblings earning very similar salaries - 1 UK based the other US based. Uk pays £168 pcm US billed £234 pcm go figure!
2026-08-16 19:08:15
1
dts0202
dts0202 :
You should have included how long until the loan wipes
2026-08-15 22:27:56
1
hollies.hols
Hollie’s Hols 🌍Travel Creator :
Your plan 1 repayment figure is wrong as I pay double that per month 😔 💰
2026-08-17 15:25:00
1
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