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UK student loans are nothing like the USA. It is in effect a graduate tax that you may or may not stop paying one day. Your repayments are a fixed percentage above a very generous floor, with no effect on credit ratings, mortgage applications or anything else. UK student loans will never destroy anyone's life.

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Yes, but £27,000+ minimum of debt for an undergraduate degree is still a lot of money. Plus cost of living is very high for most places in the UK where there's lots of employment to be found.

It's not a #27000 debt in any meaningful sense. It's a slightly higher tax rate and some smoke and mirrors.

To make it clear you repay at 9% of your income above £21,000, and get a year's grace just after graduating.

There are no consequences to failing to pay it back if your income is below £21k.

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