All Forums  New Questions  Forum Questions  Going bankrupt at university

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by tnmbl[/i] [br]Me again! I'd really like to know if a bankrupt can be ordered to leave university in Scotland - either by a court, the Official Receiver or the university itself. Or if a payment of fees or rent made before going bust would be reversed by the OR. I've been out of work for quite a while, and I have debts of about £10,000, but I am now working and paying them off. It will take me about 18 months to be debt free, if I stay in my current fulltime job - which would mean deferring uni until 2012. My first choice uni is Glasgow Caledonian, and I am a Scottish resident so my fees are still low. Because I've been at uni before, I will have to pay my first year's fees in cash (about £1200 because I won't be charged the "top-up" to £1800) and support myself by working part-time until I can get a student loan in the second year. I should just about manage that without more borrowing, but I won't have any spare income to pay my old debts. The problem is that if I defer until 2012 when I will be debt free, by then I think the Scottish fees will have risen substantially. Perhaps to the same level as in England. I would never have any chance of paying £6000+ in cash when I enrol. I'm sure you can see my dilemma... I am looking at the Open University too, but its fees will also rise for 2012. Nobody knows by how much. And if the OU becomes part of the main student loan system, I would have to pay fees upfront that year because of my previous study. Any comments welcome, even on the lines of "get back to work you lazy @#]*7%!". I don't want to go bust if I can avoid it, but spending the rest of my life in dead-end jobs because I'm uneducated would be worse, I think. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.