Whenever will your student loan become written down and what will you were cost by it? Repaying your education loan if you’re living abroad Education loan repayments are determined exactly the same way you work in if you work overseas, but the earnings may be higher or lower, depending on the country. That’s because some national nations have a lowered or maybe more expense of residing as compared to British. The concept is the identical. You’ll repay 9% of every thing within the threshold that is local. You can observe payment thresholds for nations round the global globe when you look at the map below. Perhaps this will be unjust for many, as local living expenses are very dissimilar to ones that are national. The expense of residing in Asia, as an example, may be lower compared to the UK nevertheless the price of staying in Beijing is greater than in Britain. Nevertheless, that is quite like the UK. Even though profits limit is ?25,725 in the united states, normal wages and residing costs in London are far more than in Yorkshire, for instance.