To anyone studying a uni degree....

[Artechim]

Totally off topic

Far out at the repayment threshold!! Here in NZ we have to start paying back student loan debt as soon as we are earning over $19k per year. It is 10c on every dollar over.

[Floweryfields]

So from what I understand, if you earn over$49000ish, you pay back 4% of your debt. So that's only perhaps $1500 a year? That's going to take a long time to pay back!

Is the debt there indefinitely - say I finished the degree, had children and didn't return to work for 10 years - does it just sit there waiting till I start earning again?

[feeb]

Yes it just sits there waiting for you to earn and pay back.