Loan discretion takes a holiday when low earners need help
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Loan discretion takes a holiday when low earners need help
https://www.tes.com/magazine/archive/loan-discretion-takes-holiday-when-low-earners-need-help
I have applied for at least 20 jobs in the past six months, none of which has resulted in an offer, and a teaching adviser from the Borough of Croydon has told me that this is a common experience for late entrants as the schools can get newly qualified 23-year-olds much cheaper.
I am at present employed part time as an indexer at Pounds 7 per hour-a subsistence income out of which I cannot possibly service the loan. I have explained this to the Royal Bank of Scotland and to the Department for Education and Employment suggesting they exercise their discretion over the six-month extension of the interest-free holiday. However, they are only prepared to do this if I am totally unemployed.
Do any readers of The TES have any advice for me in these circumstances?
GEORGE CURZON
36 Park Royal Montpelier Road Brighton Sussex
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