I have for sometime now been paying off my student loan. I think I started in 2005, and have slowly but surely been paying my £90 per month, mainly because I got bored of doing all the paper work for deferring payment. Interestingly I have never earned over the £14000 threshod per annum that make payment madatory.
I guess I should be grateful, as I spent the money on holidays and climbing equipment, however it was the most expensive rack I have ever brought given that I graduated in 1998. I just remember the other day looking at my bank statement and seeing that I was paying them still, and having moved and forgotten to change my address I have not recieved a statement for years, and then I phone them up, and find that last month was the last payment I needed to make.
So what am I going to do with my extra £99.06 a month? The answer is I am probably going to drink it tonight!