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shower | 08:02 Wed 25th Sep 2002 | How it Works
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Can anyone tell me approximately the level of salary a person has to reach before they have to repay their student loan
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I think it used to be aroung the �12K mark - was when I left anyway (94)
Sorry - meant 96
-- answer removed --
Within the last three years the threshold is �10k pa. You pay 9% of what you earn above the �10k bracket, so it you earn �15000 a year, you pay back 9% of �5000 a year.
Try visiting the Student Loans web site - http://www.slc.co.uk/frames/lr/fset.html

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