Guys, jumping back to a few posts ago ref wages and loan repayments etc. My best mate has just started with BA post CTC (he finished CTC in May and started with BA two weeks later). He did take the living expenses loan and has worked out that his repayments over 7 years will be approx £1100. His start salary with BA is £31k.
He is convinced that his loan repayments will 85% be covered by his sector pay, thus his £31k pa will hardly be eaten into for the loan repayment. His rent at Heathrow is £600 a month (sharing with 3 hosties
). He is living the dream!!!
However, old and bolds, are his calcs realisitic?
Cheers
MFWF