Waawareey i can keep 40% of my student loan!

[KULTA]

Check this out:

1) Uni is 100% free
2) Students get about 500e/month (government pays you) free money ( max 54 months) for living
3) This is the exiting part: Student loan is 400e/month and from this september its 600e/month. If you graduate on time (which is 5/6 years) you only have to pay back 60% of your loan! The government pays the 40% thats left.

They are doing this to encourage students to graduate faster. The slower students graduate the more expensive it is to the government.

What i did was i opened a new account just for this "loan". When i graduate i can keep 40% of it . So i get to keep about 12k I could invest the money but im too scared I'll play safe and pay dat 10k meher as soon as i graduate

 

[cantspeak]

TFW I will graduate with 40k in debt.

 

[KULTA]

I forgot to say that they pay the student loan 9 times a year (we study for 9 months/year).

 

[Knowthyself]

canada?

 

[arawelo 2.0]

5/6 years to graduate???

for a bachelor's degree?

 

[Coulombs law]

What the heck is that sorcery shit going on in Finland...

 

[KULTA]

5/6 years to graduate???

for a bachelor's degree?

No. Its 3+2 so 5-6 including masters

 

[KULTA]

canada?

Finland

 

[Deactivated]

@KultaKala

Waawareey!

The future is Somalia is busy robbing schools.

 

[emptyheartsflow]

@KultaKala

Waawareey!

The future is Somalia is busy robbing schools.

Somalis are only good at defrauding others, which is why it will stay a shit hole.

 

[Deactivated]

Somalis are only good at defrauding others, which is why it will stay a shit hole.

I like Kulta.

But...

How you going to finesse yourself.

 

[KULTA]

I like Kulta.

But...

How you going to finesse yourself.

I knew you would comment on this thread. This guy loves money:siilaanyolaugh:.

Question: What would Larry The Puntite do in this situation? Take the loan or? Invest the money or?

 

[Deactivated]

I knew you would comment on this thread. This guy loves money:siilaanyolaugh:.

Question: What would Larry The Puntite do in this situation? Take the loan or? Invest the money or?

Somalis who finesse themselves truly love money.lool

Knowing what I know now, I would have thrown it into facebooks IPO and payed off the whole thing from zuckerberg.

...wait, don't do what I just said.lol


At all.

Ever

 

[Genie]

Well , islamically speaking its haram to take Riba with that being said some scholars propose if need be to take out student loans, but only pay back what you took out and not the interest as thats the haram part. So either way we all sorta cheat the system don't we :siilaanyolaugh:

 

[Jujuman]

Well , islamically speaking its haram to take Riba with that being said some scholars propose if need be to take out student loans, but only pay back what you took out and not the interest as thats the haram part. So either way we all sorta cheat the system don't we :siilaanyolaugh:

You can't do the second option atleast in the UK. The govt will take out that money + interest before you even see it.

 

[Genie]

You can't do the second option atleast in the UK. The govt will take out that money + interest before you even see it.

Here is what i was thinking pay full instalment via hagbad and bounce and leave the UK

 

[Don]

Check this out:

1) Uni is 100% free
2) Students get about 500e/month (government pays you) free money ( max 54 months) for living
3) This is the exiting part: Student loan is 400e/month and from this september its 600e/month. If you graduate on time (which is 5/6 years) you only have to pay back 60% of your loan! The government pays the 40% thats left.

They are doing this to encourage students to graduate faster. The slower students graduate the more expensive it is to the government.

What i did was i opened a new account just for this "loan". When i graduate i can keep 40% of it . So i get to keep about 12k I could invest the money but im too scared I'll play safe and pay dat 10k meher as soon as i graduate

UK?

 

[KULTA]

UK?

Finland

 

[VixR]

Sometimes I wish I was born in Scandi vs the US but then I realize I'm fine

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Seriously, the way I see it considering how much the population pays for public services, you'd better be catching these breaks.

 

[KULTA]

Well , islamically speaking its haram to take Riba with that being said some scholars propose if need be to take out student loans, but only pay back what you took out and not the interest as thats the haram part. So either way we all sorta cheat the system don't we :siilaanyolaugh:

I thought about this. Ribah means you pay more than you got, right? Well, im paying back LESS than what i got (60% of the loan). Thats basically the opposite of ribah. So if ribah is haram isnt the opposite of ribah Halal?

Im a god damn genius