[RJ Fan club]

This is not a gloating post at all mate, so please don't take it the wrong way. Its really just to highlight what a shit deal they now give to students.

I have to say I'm glad I took out my Student Loans when I did. I managed to defer payment for years as they used to charge it on 85% of average annual wage, we got charged a lower rate of interest, and didn't have to borrow for fees and all living expenses (I got a grant for years too).

I had about 3 years loans totaling about £4,800, they only increased to £5,500 in about seven years, a decent and fair deal I reckon. I had to pay back about a ton a month, so within a few months I'd paid off all the interest gained over the years, then I felt like the total was really reducing.

A few people I work with are paying under the new system, they do seem to get a shitty deal. How they can justify £880 quid a year in interest is beyond me. They got a generation off the employment figures for three or more years, yet they seem determined to screw you for it.

Brown and Blair really are cunts.