How to Avoid Student Debt

The UK government have been called "loan sharks", as the repayable amount of student debt just keeps rising.  The government have changed the way the interest is charged on student loans, and will freeze the repayment threshold from 2027.  

 

Those who are paying off their loans are already finding the amount of the debt keeps going up and up and up.  

 

However, there is a solution if you are about to start uni.  Keep reading to find out more.  

 

Martin Lewis, on his Money Saving Expert website, has said that, since the threshold for repaying student loan debt will be frozen, the people being hardest hit by this freeze will be those whose income is just above the threshold, as well as everyone above them.  

 

So those people will just keep paying and paying and paying, regardless of the fact that some of them are already paying off their debt.     

 

However, I seriously wonder whether he even cares.  For more on this, see:  What Martin Lewis Doesn't Want You to Know.  I realise he's a busy man, but I am offering a solution.  

 

My ebook, Shaking the Money Tree, currently sells at just $5, which is less than £5.  And if you are about to start uni, it can save you thouands.  It is relevant to both the UK and the U.S.  

 

The information in the ebook is current to the best of my knowledge.  However, when the new version comes out, it will be priced considerably higher.  So grab Shaking the Money Tree at this price while you can!  

 

See also:  Millennials Will Die in Debt.  

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What Martin Lewis Doesn't Want You to Know

According to Martin Lewis's Money Saving Expert website, the new Plan 5 student loan will increase many students' indebtedness by 50%.  

 

Martin Lewis has positioned himself as a consumer champion.  I wrote to him some time ago about my Shaking the Money Tree ebook.  In Shaking the Money Tree, I interviewed experts on how to raise funding for college and university tuition, i.e. how to avoid incurring student debt.  

 

Unfortunately, Lewis did not respond to my message. I did not even receive any acknowledgment from him or his team.  

 

I will soon be updating Shaking the MoneyTree, which means I'll be charging more for it.  But at present, you can still download it for a mere US$5.  Go here to download it now.  

 

The experts I interviewed gave detailed instructions for raising funding for education.  

 

I published Shaking the MoneyTree some years ago, when student loans were first introduced in the UK and then trebled under the Conservative-led coalition, headed by David Cameron and the then Deputy Prime Minister Nick Clegg.  I felt strongly that young people in Britain had been betrayed, as Clegg had promised during his Prime Ministerial election campaign to scrap student loans.  He obviously reneged on his promise.  

 

Of course, in the U.S., student debt has been a fact of life for many years. 

 

If you are a student or the parent of a student and would like to avoid student debt, you need to download Shaking the Money Tree today.  

See also:  Millennials Will Die in Debt.