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How a £53k Plan 2 Student Loan actually works

YouTubeFuturePot

How a £53k Plan 2 Student Loan actually works

The Plan 2 "Treadmill": Why a £65k salary won’t clear your debt. 🏃‍♂️💨If you’re on a Plan 2 student loan, you’ve probably noticed your balance isn’t actually going down. There’s a mathematical reason for that, and it’s a shock to most high earners.Here is the "Interest Trap" explained: 🔹 The Threshold: You only start ...

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