Why Your Student Loan Goes UP Even When You’re Paying (Ollie Gardner – Rethink Repayment)

In this episode of the Money Gains Podcast we welcome Ollie Gardner to the show.

Ollie’s campaign Rethink Repayment, is fighting for student loan reform in the UK.

We discussed why your student loan goes up even when you’re paying, the truth behind the £270 billion debt crisis, and whether an entire generation was mis-sold the biggest financial decision of their lives.

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Why your student loan balance grows every year even if you’re making payments

How the government expects 73% of graduates to never pay off their loans anyway

Why you need to earn £66,000 just to stop your debt from growing

The contract the government made in 2012 and then quietly broke

Why calling it a “loan” is the biggest lie in British education

How 112,000 graduates have left the UK to escape student debt

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DISCLAIMER:
This episode is meant for educational purposes and should not be considered financial advice or UK tax advice. When you invest your capital is at risk. Past performance is not a guarantee of future success. Always do your own research.

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