Repaying your education loan if you’re living abroad
Education loan repayments are determined exactly the same way you work in if you work overseas, but the earnings may be higher or lower, depending on the country. That’s because some nations have actually a lowered or maybe more expense of living compared to British.
The concept is similar. You’ll repay 9% of every thing throughout the neighborhood limit. You can observe payment thresholds for nations round the globe when you look at the map below.
Arguably this will be unfair for many, as regional living costs are very dissimilar to ones that are national. The expense of surviving in Asia, as an example, may be far lower compared to the UK but the price of surviving in Beijing is greater than in Britain. ادامه مطلب