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STUDENT LOANS UK: This is a COMPLETE GUIDE to Student Loans in England. We share how the student loan system works. We cover the potential impact of Salary Repayment Threshold Changes and whether to Pay Off Student Loans Early or Not. Please LIKE this video if you enjoyed it 😀 ★★ SUBSCRIBE TO OUR CHANNEL HERE ★★ https://www.youtube.com/thehumblepenn... ★★ POPULAR VIDEOS ★★ 5 Work-From-Home SIDE HUSTLE IDEAS That Make Money £500 p/m [UK 2021 EDITION] - • 5 Work-From-Home SIDE HUSTLE IDEAS That Ma... 9 Reasons Some People ALWAYS MAKE MONEY ONLINE (and others don't) - • 9 Reasons Some People ALWAYS MAKE MONEY ON... 9 BEST Passive Income Ideas for £1000 per month (In 2020) - • 9 BEST Passive Income Ideas UK (for £1,000... 5 Breakthrough Passive Income Ideas - • 5 BREAKTHROUGH Passive Income Ideas (for £... 7 Things No One Tells You About Passive Income - • 7 THINGS NO ONE TELLS YOU ABOUT PASSIVE IN... 21 Passive Income Ideas For A Freedom Lifestyle - • 21 BEST Passive Income Ideas For A Freedom... 14 HIGH PAYING SIDE HUSTLES For 2020 To Start Today With Little Money - • 14 HIGH PAYING SIDE HUSTLE IDEAS for 2025 ... How To Invest £1000 (9 Best Ways to Invest) - • HOW TO INVEST £1000 | 9 BEST Ways To Inves... ★★ EQUIPMENT USED ★★ Canon EOS M50 Camera - https://amzn.to/2zcz1K0 Canon 5D Mark II Camera - https://amzn.to/2xRF1XD Canon EF 24 - 70mm F2.8L Lens - https://amzn.to/2lFwdRQ Canon EF 50mm F1.4L Lens - https://amzn.to/2lF6Sr9 Manfrotto Tripod - https://amzn.to/2YC3Sto Apple iMac 2019 - https://amzn.to/2lEXNyz Rode Microphone - https://amzn.to/2lFs0O2 ★★ ABOUT US ★★ MARY: I'm married to Ken and we have two boys aged 8 and 6. I'm a Londoner, born in Hackney! :) Day to day, I run the operations of The Humble Penny as a creative - doing everything from marketing to video editing. I studied Multi-media design and technology at Uni. When I'm not creating, I love vegan food, traveling, working out and doing some outdoor fun things with my husband and kids :) KEN: I'm a husband to Mary and daddy first and foremost. Former CFO by day with over 12 years experience in the investment business. I'm a Chartered Accountant and hold an MBA from Cambridge University. To explore my creativity, I'm a blogger, youtuber, speaker, etc. I create from my experiences as a family man and First Generation Immigrant. I have a passion for all things Personal Finance, Business and Personal Development. I also love Photography, Music, Travel, and Sport. We became Financially Independent aged 34 and our story has been featured on the BBC, ITV, Financial Times, The Sunday Times, etc. ★★ WANNA CONNECT? ★★ Blog - https://thehumblepenny.com Insta - / thehumblepenny Pinterest- https://www.pinterest.co.uk/thehumble... Twitter - / thehumblepenny Facebook - / thehumblepenny ★★ BUILD WEALTH ★★ Visit our online school at Financial Joy Academy for all our wealth building Action Plans: https://www.financialjoyacademy.com/ Massive thanks for watching and following our channel :) ♥ ★★ TIME STAMPS ★★ 0:00 - Intro to Student Loans guide 2:50 - PART 1: STUDENT LOAN SYSTEM EXPLAINED 2:54 - How much does it cost to go to Uni on a 3-year course in England? 5:38 - How Do They Decide How Much Maintenance Loan You Get? 7:03 - What determines how much of your student loans you’ll ACTUALLY pay back? 8:50 - Examples of how much you actually pay back in Student Loans? 10:53 - When do Student Loans get written off? 12:54 - How Do You Repay The Maintenance Loans? 13:17 - What Percentage of People Pay Off ALL Their Student Loan Debt + Maintenance Loan + Interest within 30 years? 15:20 - How Do Tax & Student Loan Payments Differ For Graduates vs Non-Graduates? 18:03 - How Does The Change To National Insurance Affect Take Home Pay? 20:33 - What Interest Rates Do You Pay On Student Loans? 21:35 - Is Going To Uni With a Student Loan Worth It? 25:25 - PART 2: SALARY THRESHOLD CHANGES 25:27 - Impact Of Reducing The Salary Threshold To Repay Student Loan? 27:10 - PART 3: PAY OFF EARLY OR NOT? 27:12 - Should You Pay Back Your Student Loan Early? 34:23 - Question for comments Best, Ken and Mary #studentloans #studentloansuk #debt ★★ WHAT THIS VIDEO IS ABOUT★★ STUDENT LOANS UK EXPLAINED: Should You Pay Off Early? | Repayment Threshold CHANGES 2021