[c7THEC2DDFVV2V]

thats incorrect. you lose your tax free allowance, which is a furtger 12,500 tax paid. Plus you need to consider graduate tax and the interest on those 'loans' which currently sits at 4.5%

[dukeyukey]

But you're still only paying the lower rates on income until you hit £125000, and at that income those student loans aren't gonna exist for long.

[c7THEC2DDFVV2V]

they will exist for a while because you need to get to that level in your career. People rarely leave uni and get 100k+ jobs. If you leave uni and find a job paying at 50k and you get increases of 2.5% each year, it will take over 20 years to repay.

[blitzar]

Its an even higher tax rate if you buy 50,000 of drugs with your money and call it a heroin tax.

[c7THEC2DDFVV2V]

what on earth?